How to Measure and Follow Your Business Performance

Traditionally we always measure something, following the results, compare those results with specific targets and make decisions about the future steps. In such a way, we are measuring business performances.

This is the only way to increase our knowledge about questions like:

  • Is our job good or bad?
  • Is it a success or not?
  • Do we need to make corrections on our actions or not…

When you are an entrepreneur, measuring becomes one of the most critical tasks. You need to know the performance of your business. You need to know areas where you can implement improvement. Also, you need to know why you made progress and why you did not make progress.

Let’s look at one possible process that you can use for the more strategic and systematic implementation of the measuring.

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