Analysis & Checks
Analysis & Checks
Every business will be out of control if the output and performances are not check and analysed. A periodical detailed review of the company’s operations whether the business is performing well; the company is getting the most out of the business or making the most of market opportunities; the business plan is outdated or needs updating; the business is moving in alignment with organizational goals; the business is ready to move to the next level.
Core steps would be:
- ✦ Assessing your business core activities
- ✦ Assessing your business efficiency and performance
- ✦ Review your business financial position including profitability and cash flow - Management Information System
- ✦ Conduct a comperitor analysis at regular intervals
- ✦ Conduct customer and market analysis with customer profitability
- ✦ Conduct product/service profitability analysis to understand which one is the strength and weakness to your business
- ✦ Analyse how your marketing activities have made an impact in your business and if your marketing strategy is effective
