What is the Secret to Business Success?

Is your business already killing it this year or have you fallen behind and now have some steep hills to climb as you get back on track?

Or maybe a better question is, do you know where you are really at?

It may be possible that you are not measuring the proper indicators or that the tools that you are using to measure your results are not giving you the “story behind the story.”

One of the secrets to business success is knowing what to measure and how to interpret the results!

For this post, I will assume that you have selected the correct indicator. So the question that we need to address is; “How will you report, view, and interpret this key indicator?”

Although there are many answers to this question, one great solution is to use a Rolling 12 Month Trend report.

Rolling 12 Month Trend

You Will Get Crushed Without Accurate Business Analytics

Choosing to operate your business without accurate business analytics is like running across a freeway with a blindfold on. If you are not tracking your business’ performance against previous years, you are choosing to operate your business with a blindfold on and this will eventually crush you.

Clearly understanding how your business performed in the past can be a lifesaver moving forward. This knowledge will highlight troubled areas in your business that need to be addressed and it will highlight potential areas of opportunity.

I learned this pretty early in my business career.