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1. We use a digital accounting system that can generate useful management reports for us. |
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2. We can analyze our sales and margins by product lines, markets, salespeople, etc. |
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3. We have an annual budget broken down by month and relevant categories and can track and act on monthly variances. |
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4. We can rapidly access and understand our cash flow forecast and act when a cash flow gap is forecasted. |
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5. We are confident that our pricing and our margins take into consideration all our production and operating costs. |
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6. We frequently use financial information to make business decisions. |
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