Family and privately owned businesses can encompass everything from large conglomerates operating internationally across many business sectors to small micro-businesses and start-ups. However, they all have one thing in common – the need to have timely and reliable management information to aid decision making.
Getting timely and reliable information on how your business is tracking against its objectives is fundamental to survival and success. Knowing what has happened in the past is useful, but it’s more important to have forward-looking information that can be used to make decisions.
Download the article to learn some tips on management reporting.
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