24 Dec Do I need a Business Health Check?
Do I need a Business Health Check?
When we work in our own businesses, we tend to get caught up in the day-to-day decisions and the routine daily activities. We often forget to take a helicopter view of where we are going, and the steps that we need to take to get there. Many of us get so caught up in our daily tasks that we don’t fully understand where we are, how effectively we are running the business, or how much better we could be doing. The challenge is to take some time out to work on our business instead of working in our business. This is not a luxury – it is a necessity.
The best place to start is to take an inventory of where your business is performing well and where it has some challenges. This internal audit can be done with your own team but it usually delivers more accurate results if the process can be facilitated from outside the organization. Don’t get hung up on not having the time, you simply must make the time. If you want to discover some key questions you should be asking yourself in relation to how your business is performing and how to carry out a business health check, read the longer version of this article below.