The easiest and most obvious way to judge the health of a business is to look at its current financial results and review the results against previous years’ figures or budget.
This sounds simple but the reality is that the financial figures are the end result. They don’t take into account how the results are achieved or what is working (and not working) in the business.
Having a business framework such as ESIP (Environment, Structure, Implementation and People) will assist you in achieving consistently positive results. Great results and success do not simply happen; having an effective structure to work within provides ongoing positive outcomes for your business.
3. Systems / Implementation
What business framework do you use? How does it impact the health of your business?
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If you need guidance to grow your business or if you are planning to Buy or Sell your business