A kilometre comes to mind in any discussion of distance. A kilogram for weight & a minute for time. A metric is therefore a tool for measuring units of any thing measurable. Having measures of business activity is critical. It gives dimension to understand business aspects like income & expenses in relation to time &Continue reading “Business Metrics”
Category Archives: Records
The Book Keeping Measure
Measure your Money Money is the fulcrum of any business operation. Like a ruler, it provides a scale to measure the business operations through the expenditure on operations, purchase of inputs for production, incentives to workers through wages, acquisition of assets & the income that pays for all these expenses with the difference that remainsContinue reading “The Book Keeping Measure”
The Business Journal
The Art of Journaling Journaling is a fruitful habit to adopt for your business management. This helps with the record keeping process & gives a convenient mode of capturing data of the business operation as it comes for future reference. A journal can take form in a simple Diary or notebook.I started journaling in 2016Continue reading “The Business Journal”
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