Business owners develop operational strategies based on performance measures. The use of financial objectives, such as total sales or profitability, as the sole measure of performance often fails to ...

There's one thing about financial statements many people forget: Historic relics of your business past, these documents tell you what has already happened, but do little to predict your future.

Your strategic and financial results are closely linked, and the performance in one area can impact the other. A high level of financial performance may result from an effective strategy, but good ...