One way a small business can earn higher profits is to create pro forma financial budgets that are aligned with the company's mission, aka its "purpose" - its SCOPO!
It all stars by strategically "planning" ahead to determine which actions should be taken to accomplish its Scopo, followed with "controlling" the plan by reviewing over time what actually took place. With proper "feedback" we complete the cycle over again and the budgets accordingly. This system helps small businesses earn higher profits as well as: 1) Make informed decisions, 2) Achieve higher standards of excellence, and 3) Improves communication and coordination of the plans with all employees. Employees want to feel their jobs serve a higher "purpose" and that their actions contribute to something meaningful. This reduces turn-over, reduces costs, improves efficiencies, and improves productivity. And it all starts with a Strategic Plan! Starting at just $125/week, Scopo's Virtual CFO services will work with you to earn higher profits and accomplish your Scopo - because that's our Scopo! Our whole "purpose" is to make our local small businesses become more successful. Go ahead and call or email us. Together, we can accomplish great things! Comments are closed.
|
AuthorJoe Immordino, MBA Archives
April 2017
Categories
All
|