goals
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Pay Right and in Time, but Don’t Pay Twice
Imagine that you run a department like Accounts Payable. You hire more or less the right number of people. They focus on processing invoices. You pay suppliers more or less in time. From time to time minor issues occur, but your suppliers are happy in general. Time later, the company, like any other business, goes…
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Never Look at One Single Ratio
“This year we have grown 20% of sales compared to the previous year and we hit the 2 billion euro in revenue!”. I’m sure you have heard of this several times in one way to another. Companies that celebrate they made more sales, kept expenses under control or expanded to new markets. This sounds as…
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New Year Habits
Every year, many people reflect on their New Year resolution’s, deciding if they will set new, change, or abandon goals or habits. Businesses often look at the performance indicators of previous years and decide what needs to be adjusted in their overall strategy, and what goals they wish to pursue in the financial year. At…