How To Measure Progress of Your Business On Your Computer

Are you always on your computer?  Are you trying to find a way to measure significant events(both good and bad) of your Company?  As far as I know email is here to stay and most of us are on it everyday.

So here is what you do.....open up the folder section and click on add folder.  Label the new folder PROGRESS.

Whenever something happens email yourself and describe what event happened.  Maybe you customized a form that you will use to order  a product.  Maybe you penetrated a niche market and now have the opportunity to make big bucks.  Maybe your Accountant was overcharging you for bookkeeping services and only after ten years have you decided to get a second opinion!  Maybe your lawyer is telling you that after a year's nonpayment you need to pay!  Maybe a new product threatens your business.  Maybe you KNOW on-line sales from competitors are killing your profits but for many reasons YOU are not changing with the times.

These are only some types of "historical" events that you should be measuring.  And remember real estate agents, even if you are not the owner of your company you do run your own unofficial sales business. 

I like the use of email because everything is time stamped and it saves paper.  Maybe there are soft wares out there that does this but your email should be free.

Consult with your accountant about possible contribution of your time put into starting the business relative to payroll.

Most certainly, keeping a log of the progress of your business above and beyond the numbers certainly helps you and your decision makers look back and look forward with a reference to what is really happening with your company. If you are able to show positive progress through this folder/log it may be used when seeking out Angel or Venture Capitalist or Family as Money Sources.

All The Best as the school season is near.

Charles Hennebeul

Owner

American Cash Solutions Inc.

This blog was originally posted at the corporate blog of American Cash Solutions Inc at www.mybuildingfunds.com  This blog is for informational use only and should never be used as legal, accounting or investment advice.  All readers should consult with there CPA, Lawyer or Financial Adviser regarding the accounting, legal and investment aspects of a business.