Managing Business

Where are you now?

Operating a business can be very demanding and time-consuming. A common problem in small business is that managers and owners spend too much time working ‘in’ the business and not enough time working ‘on’ the business.

If you want your business to be successful then you will need to take time out on a regular basis to assess how well your business is operating:

* Are you performing better or worse than your competitors?
* Is your business improving over time?
* Are there any simple actions you might take to improve your performance?
* Are you complying with regulations?

Many businesses seek formal feedback on their performance by hiring a consultant or spending a large amount of time on research. Before you head down either of these paths, use the tools below to assess the strengths and weaknesses of your business in a variety of management and operational areas.
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