Financial performance has been ingrained in our culture as a key marker of success, often used as the standard for measuring or comparing our own business achievements. And while the bottom line in your business is important to some extent – it’s not everything.
Let’s explore some alternative success metrics that might inspire you and influence how you craft and grow your business moving forward.
Read MoreGrowth is often referred to as an indicator of success; a way to gauge how your company is doing and to predict long-term sustainability.
For those of us who live in the solo, micro, or small business worlds though, the bottom line doesn't continually go up – nor should that be an expectation!
Instead, it's more important to find and embrace practices that align with and are suited to our values.
Read MoreBy laying all of the steps you take to accomplish various tasks or complete recurring projects out in a document or program, you've created a basic standard operating procedure (SOP) that will help your business thrive.
Documenting processes and procedures, even as an entrepreneur or small business saves time, and can support productivity, business growth and hiring, consistency among outputs, and regular review and analysis to improve efficiency.
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