This free, interactive tool is designed to assist business decision makers in evaluating and improving the quality of their Management Information (MI).
The purpose of management information is to inform and support the decision-makers of a business, allowing them to make better decisions, build more robust plans, and ultimately drive growth and efficiency. Good management information provides useful, actionable insights in a digestible format. Without strong MI, a business is flying blind.
MI can range from the basic to the complex, and can look both forward into the future, and back over previous reporting periods.
Management information is only beneficial if used well. It will exist for any business that is active but, if not used, it has no real purpose or benefit. Our team has produced a number of helpful blogs on this topic, which you can read using the link below.
Understanding your business’s performance doesn’t have to be complicated. Profit and loss (P&L) accounts show where your money comes from and where it goes, helping you make smarter financial decisions. This blog will introduce profit and loss accounts, provide examples, and explain what you need to know about this key component of business accounting and financial reporting.
Sharing vehicles across your business can make sense, but only if you know the rules. Pool cars offer flexibility and potential business advantages, provided they’re managed the right way.
The right pricing can be one of the most potent drivers of profitability for your business, yet studies have shown that, on average, businesses spend a mere six hours a year working on their pricing.
