Does your business have a Business Plan? Is it Reviewed, Updated and Current? Are you using an Accounting application? Is it Updated, Reconciled and Timely?
Advances in Technology and Artificial Intelligence are changing the landscape of how we do business and who our competitors are. What you are not managing can not be measured. Even bigger companies, that you would think wouldn’t fail (such as A&P, Sears & Toy’s R Us,) have failed because they did not manage and react fast enough to changes.
Work on your Business Plan and Consider QuickBooks for your Financial data.