For business owners or investors, information is a valuable resource.
Information is valuable when it provides data and details that help you make business and investment decisions. Moreover, it’s even more valuable when it comes in a format that is easy to understand. This is what reporting should be – the communication of information in an easy-to-understand format.
As I shared last week, many people shy away from reporting because the reports they typically get don’t provide the information they want. So, this is where you should start – what do you want from your reporting?
What is Your Reporting Wish List?
What information would you like to know about your business or investments?
What type of information would help you make decisions that positively impact the value and profitability of your business or investments?
For example, would it be helpful to know:
Your most profitable product or service