As a manager, you're no doubt swimming in a constant stream
of information. Fortunately, you can keep your head above water by boiling down
the data into a format that's relevant, concise, and user-friendly. For
instance, significant indicators can typically be gathered on a single sheet of
paper. Examples include revenues by product or service line, cash and accounts
receivable balances, gross profit ratios by product line for retail and
wholesale businesses, and productive salaries and benefits for service
businesses. If you'd like help developing a simplified system tailored to your
specific needs, contact our office.
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