Reviewing Business Performance

Posted by pathenry123 under Management
From http://smallbusinesscommunity.blogspot.com 5338 days ago

The first quarter of 2010 is now behind us, and it's time for businesses to look back and see how they did. There are typical measures of success that many companies use:

* Did we make our target numbers?
* Did we do better than first quarter of 2009?
* Did we do well compared to our competition?

All of these are valid questions and can give a company insight into their business compared to their projections, their historical achievement, and the rest of their industry. But does that really indicate whether or not a business is doing well?