MARK PARHAM · BUSINESS COACHING DUBAI
Dubai owner’s six-measure dashboard
Use six clearly defined measures to support a weekly business decision. Record the actual result, the basis for comparison and the action it prompts. This is a management aid, not a substitute for accounting records.
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A snapshot describes a position at one date. A cohort follows the same defined group over time. A period total covers activity between two dates. A forecast models future dates using stated assumptions. Gross profit, invoice balances and cash are different things.