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	<title> &#187; performance</title>
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		<title>Measuring your business&#8230;</title>
		<link>http://wordconstructions.com.au/blog/2008/09/measuring-your-business/</link>
		<comments>http://wordconstructions.com.au/blog/2008/09/measuring-your-business/#comments</comments>
		<pubDate>Fri, 19 Sep 2008 01:56:11 +0000</pubDate>
		<dc:creator>tashword</dc:creator>
				<category><![CDATA[business info]]></category>
		<category><![CDATA[business tools & events]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[identify]]></category>
		<category><![CDATA[measure]]></category>
		<category><![CDATA[performance]]></category>
		<category><![CDATA[plan]]></category>
		<category><![CDATA[problem]]></category>
		<category><![CDATA[small]]></category>

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		<description><![CDATA[I just came across a blog post about why you need to measure performance which seems like a good starting point for all small business owners. It&#8217;s a good question &#8211; I mean, if you don&#8217;t measure your success in various areas of your business, how do you know you are actually succeeding? Or how will [...]]]></description>
			<content:encoded><![CDATA[<p>I just came across a blog post about <a title="Why you need to measure performance" href="http://blogs.theage.com.au/enterprise/archives/2008/09/why_you_need_to.html" target="_blank">why you need to measure performance </a>which seems like a good starting point for all small business owners.</p>
<p>It&#8217;s a good question &#8211; I mean, if you don&#8217;t measure your success in various areas of your business, how do you know you are actually succeeding? Or how will you know that there is a so-far-minor problem in one area before it turns into a major issue for you and your business?</p>
<p>Yes, it is important to keep on top of where you are at in all areas of business, but I liked the suggestion in this blog post that it is better to start monitoring one or two key areas now than to wait &#8220;until I have enough time&#8221; to set up measuring programs for everything important to your business.</p>
<p>Why start small with your measuring when the whole picture is so important?</p>
<ul>
<li>it is easier to do so it&#8217;s more likely to actually happen!</li>
<li>starting with one area will teach you skills and make a wider scale measurement easier later</li>
<li>data in one area can be dealt with &#8211; once that area is working well, you can focus on another area. Compare that to trying to fix 6 areas at once whilst also trying to manage clients and general business tasks</li>
<li>improving one thing often has a flow on effect to other areas anyway</li>
<li>you&#8217;ll gain confidence and belief in measuring that will inspire you to make time for more over time</li>
</ul>
<p>So my question is &#8211; how often do you measure your business performance? Which area do you think most needs assessment right now?</p>
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