#203 How to Evaluate Your Business?
How far can you estimate your business' future performance? As a business owner, you want to establish a framework that forecasts every aspect of your business to thrive in every seasonality of the market. Join us in this episode as John shares the importance of visibility and dives deep into how you can measure the success of your business. John runs and operates his business using the Entrepreneurial operating system framework. The key component of the EOS program is to help track numbers that lead you to have clarity on what's going on and where your business is going. Similar to how oxygen is important to humans, cash is the most essential function in an organization. It starts with knowing and understanding the figures. When it comes to tracking your cash flow, you need to measure at least 5-15 critical numbers that become your scorecard within 90 days. This allows you to gauge what's trending, the direction you're moving, the leads that are coming, and cash monitoring. John's rule of thumb when it comes to proper allocation is 75% is what's going to happen and 25% of what has already happened. If you want to reveal the blind spots in your business, it's time to get clear with your numbers. We will share more about tracking your target to shift your business to your desired growth!
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit johnkitchenscoachpodcast.substack.com
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit johnkitchenscoachpodcast.substack.com
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