Just because you are using a huge volume of data doesn't mean you get better analysis results.

No!
It's just important that you use the data which provide you with the insights you need to improve your business. And that could be done with just a small amount of data.

To use only a minimum of data to analyse your business, depends on choosing the right Business Ratios (financial and non-financial) or so called Key Performance Indicators (KPI's). But that's all expert stuff, which you don't need to get into detail with as you will find out here.

Imagine that you could analyse your business as easy as reading this page. Yes, it's that simple.

Just use the most important information to improve your business
- Measure Only What Matters Most! -

Small Business Owners and Entrepreneurs don't have the huge budgets and resources that corporate businesses have, so they need to keep focus on measuring only what really matters. Even businesses which are using the Balanced Scorecard or other frameworks may struggle to measure what matters.

You can only afford spending an hour or less per week to calculate, measure and review the performance of your business. There is no room for time consuming controlling or measurement tasks.

The Business Analysis I'm talking about here provides you with a Selection of more than 40 Business Ratios (still increasing the number) you could choose from. A Set of Ratios is already pre-selected for faster usage of the System. However, you could change the Selection of Business Ratios or KPI's anytime to the Ratios you like to use.

Customize it as you need it... And if a Ratio is missing? No Problem, just suggest a new one. Soon it will be possible to add private Ratios for yourself as well.

By using a small number of Business Ratios you are also reducing the hassle of retrieving the numbers from your business operations. Thus saving you time you could use to concentrate on improving your business.

Most importantly you need to measure financial and non-financial ratios. Financial Ratios are the ones which refer to ... guess what! ... Yes, financial things. And therefore non-financial ratios refer to ... right! ... to things which don't have to do with Finances, such as Motivation, Customer and Employee/Staff Satisfaction and so on.

Non-Financial Ratios may also be called Softfacts, as they refer to things which are not measured in Monetary Value. You could even call non-financial ratios to be immaterial as they have no Monetary Value. And on the opposite the financial ratios could be called material, as they have a monetary value.

But all this is expert stuff, you don't need to bother with. What only matters is to reduce the volume of information and to increase it's quality.

Controlling the Development of Your Business is Impossible
without Measuring its Performance!

Yes, if you want to recognize any change in your business development, you need to measure the performance of your business. If you don't measure the performance of your business, it would be like driving your car without any Instruments such as Fuel Indicator, Speed Indicator or Engine Temperature.

Just imagine that. It would feel very bad, as you wouldn't know when you run out of fuel or exceeding speed limits or worst to wreck you car with high engine temperature. That don't need to happen to your business.

Excessive speeding at driving your car, is similar to extreme growth rates for businesses. If you can't catch up with it, you might damage your business.

Ok, you are regularly reviewing the Financial Statements of your business to measure the performance. Great! What you do is good, but not as good as you believe.

Financial Statements don't tell you the whole Story of your business. It's just the Past you see.

Performance Measurement is a Top-Down-Approach, which assists you in finding improvement potentials and to keep your business development on track. Thus you only need a small volume of data.

Keeps you focused on your Business Improvement

My own experience showed me, that it isn't easy to keep focus all the time. Therefore it is extremely helpful to have a Business Analysis at your hand, which points you to the most important topics to improve your business.

And the most important topics are mostly connected to the non-financial or immaterial business ratios. Yes, if you change them, the material or financial ratios will improve accordingly.

But how could this be done?

You already know the answer. By measuring the performance of your business and by giving you ... I'll let you know that later.

You will understand the dependencies of ratios and their effect on the success of your business. This will keep you focused on your business improvement and will avoid wasting time, which you might spend searching to get a clue about how to improve your business.

Within the Analysis (tables and diagrams) a traffic light systematic ( red - yellow - green ) shows you where the largest weaknesses are found. Also the recommendations for actions/measures obtained from the analysis are provided with traffic light signals.

Working your way from red to green will ensure you keep the focus at the most important actual business management topics of your business improvement project.

What is it worth to only compare to yourself?

To be honest, not really much. O.k. it's good to know how you perform vs. your previous years, months or weeks. But what will you learn from that?

You just learn that you have made something better or worse than in the past. It's great when your Sales or Profit is above your previous period results by a certain percentage.

Would it also look so nice, if you compare it to your competitors? It might be so, but you will only know, when you compare your business performance to the performance of other businesses in your industry.

That's the real benchmark. Only then you could see, if your business performance is good, great or just poor. This reveals the truth about your business.

And here it comes the chance to learn from others, as you see how they perform vs. your business. From that knowledge you could go further to improve your business to get ahead of your competition.

Imagine measuring your business perfomance is easy and provides you with recommendations to improve it further...

It would be as if you have a Consultant beside you, which provides knowledge and ideas. What are the critical numbers that drive your business, your economic engine? Are you measuring the right things?

The main Business Analysis of this Service provides you just that - advice about how to proceed. The Analysis is called ERS/B, which is standing for Early-Recognition-System with Benchmarking.

As you already know, benchmarking is an essential way to evaluate the performance of your business, it's just the comparison of business performance between different businesses.

The ERS/B goes beyond that, as it provides you with recommendations for actions based on the measures taken from the Business Benchmarking or the analysis of your own plan and actual data.

This way you quickly and easily have a clue about how to go forward with your business improvement, which might include increasing Sales and Profit. Making a decision about using the recommendated measures, is still on you.

No Accounting Knowledge needed to understand your Numbers

It's not necessary that you have experience with Accounting or Controlling. You will find explanations for everything related to the available Business Analysis.

This includes Descriptions of the selected business ratios as well as overall explanations of the business analysis.

In case you might be overwhelmed with the available information or in case you are not sure about, what something really means, you are able to open a Support-Request.

You see - You are not alone.

Even the Templates (which are included in some Memberships) have Explanations about how to use them. Furthermore the Templates could be used with a Spreadsheet Program of your choice.

All that measuring and monitoring don't needs to be dry stuff. The business analysis here facilitates Diagrams (Actual Period or Trends) to provide an easy overview of your business situation. And even the main diagram facilitates the already mentioned Traffic Light Systematic.

Don't rely only on past oriented data, such as from Accounting

Most businesses prepare annual and monthly financial statements to comply with record-keeping requirements. Thus using these financial statements to analyse the performance of their businesses.

It's not wrong to do so, but it's just half way of what is necessary to create the whole picture of the actual business situation. As you probably know, financial statements are based on Accounting Work.

But Accounting is only a documentation of past business activities! Don't get me wrong, Accounting is important and could serve as a decisive help for the management. But it has only a backward oriented view.

As soon as you have your Financial Statements at Hand, all the information is already old. At the moment of reviewing the financial statements everything might have changed.

O.k. it might not have changed dramatically, but you still review the past. That's good, but you shouldn't do that to long. It's more important to review the information which are most actual.

You only need to monitor a few important numbers (on a weekly basis) to have a full picture of your business situation.

As mentioned earlier, including non-financial or immaterial business ratios to your business analysis, will help you to recognize sales collapse, cost increases, quality declines or liquidity bottlenecks. Which all could cause serious problems to your business.

But the information you need to use are not coming from your Accounting alone.

... secure the existence of your business ...

As you just learned that accounting information are not enough, here comes another point to think about.

Riskmanagement. This is about recognising risk potentials early enough to take action to eliminate or to minimize those risks.

Measuring only the financial health of your company might not be enough, too. The motivation of your employees and the level of knowledge might have a significant impact on your company results as well.

And again, measuring and monitoring non-financial / immaterial business ratios are the best way to prevent risk. By the way, it is possible to arrange immaterial business ratios in a way, that they reflect the temporal occurence of data. It's like the law of cause and effect.

However, there might be other risks involved in your business, which you need to evaluate. To do just that, one of the Bonuses mentioned below contains a Template for Risk Evaluation.

To prevent the risk of acting to late, your business analysis should be able to generate a report each and every week. Not just once a month. That might be to late in some cases.

The Business Analysis I'm talking about here, is able to provide you with a weekly overview of your business situation plus providing you with recommendations for action to overcome any bottleneck you might face at the time of preparing your analysis.

If you have to report to external financiers you will demonstrate that you are acting with the foresight of a good business owner / entrepreneur, by showing them that you measure the performance and the risk potentials of your business.

Have a plan for your business...

To go where you want to be, you will always need a plan. Well, sometimes the plan is not obviously seen, but you still know what to do and when, to get to the place you want.

It's like traveling (by car, bus or however), you know where you want to go and you get there. In case of long distance travel you will prepare yourself upfront of starting the journey.

In business it is exactly the same. Have a plan and you are better prepared to achieve your goals. Therefore this Online Business Analysis includes the ability to use plan data.

It's a great way to evaluate your progress, as you could compare your actual data to previous periods and to your plan data. Thus revealing your actual status of plan achievement.

Plan data are kept confidential. You are the only one who could use and see them. Comparisons with other businesses are always done only with the actual data.

Business Analysis ready to use!

Don't invest hours or even days or months of your precious time, just to find out that you didn't got any further. This Business Analysis already exists and will be enhanced regularly.

No Software Download nor any Software Installation is required. You only need access to the Internet and an Internet-Browser. Thus you could use it anytime and everywhere.

Imagine, you will not have to search here and there to get ideas on how to analyse your business. You will not have to spend huge amounts of money buying books, attending at management classes or to buy analysis software.

Also think of the templates as they are ready to use. Nothing you have to bother with, except filling everything with data from your business.

Reduce your Stress and use your time for the most important tasks - for Improving your Business.

Security and Anonymity ...

To secure your information, all data transfers are secured using SSL-encrypted Internet Connections.

Furthermore, you could select only that kind of Business Ratios / Key Performance Indicators which are only Percentages among the available Key Performance Indicators. Nobody will be able to know the size of your business by percentages only.

The data comparison is also done totally anonymously. This way you don't know to whom you are compared and others don't know that they are compared to you. You and others could only select the industry and the country of your choice. No disclosure of members business names.

Benefit from my Experience

All the knowledge I have gained is packed into this business analysis. Knowledge from working as an Accountant, Consultant and Interim-Manager in numerous industries.

Among these industries have been Automobile-Trading, Personnel Consulting, Venture-Capital, Internet-Services, Trading of Electronic Devices, Chemical Trading and -production, Pharma, IT-Services and Waste-Management.

However, all that industries have something in common. They all need comprehensive business analysis. Thus it is with every business, even with small businesses.

Now you could get this knowledge at a fraction of the cost a Consultant will charge you.

Here are some words about myself. I don't like things to be complicated. It's better if things are simple. However, sometimes we are facing complicated things, but then we need to transform these things into simple ones, so that we could handle them easier. I always search for ideas to make things easier, faster or even better anyway.

Updates included...

If the System is updated you will directly benefit from it, as all Members have immediate access to all new Analysis, Articles, Templates or new Features as soon as they are available (Access depends on Membership-Level).

Updates are done frequently, so that all you discover inside is leading to a successful future...your successful future...

5 Sub-Users included

The GOLD-Membership offered below allows to have 5 additional users. Each user could have it's own Business Analysis for any other country or industry. Thus even small company groups could use this system.

This means that you are able to have 1 main user and 5 sub users which are 6 users that could use 1 Membership.

Additionally the ability of collaboration between the users at different modules of the Online Service will be extended more and more.

Who could use it!

This Service could be used from every business no matter of size.

The Business Analysis could be applied by Startups, small company groups, Consultants or Accountant if they like to offer extra services to their clients and small businesses no matter of industry. It's for all Online and Offline Businesses.

It doesn't matter who you are, a absolute newbie or a veteran, it's just what you need to analyse your business. As already mentioned, it doesn't matter which industry you are in with your business. It could be used by Retail Businesses, Mechanics, Architects or what ever you could imagine.

But don't expect to find information on quick money here. This is not giving you Tips and Tricks for Quick Money! There are possibilities to quickly improve capital, but that's a completely different story.

What I'm going to show you is serious business and will involve some work on your part. It's about the bottom line foundation of any successful business, which you really need to understand and apply. If you are looking for something to make money, quick and easy, then this is going to disappoint you. There might be ideas you could implement, which might bring you money fast, but usually you need to "work for it" and to "work on it" to achieve more profit.

However, there are certain rules about developing and improving your business to a successful and profit-making entity.

Take Action - Now!

Start using this Online Business Analysis now. You don't have any Risks, as you are given a 30 Day Money-Back-Guarantee. In case you are not satisfied with the Service, just cancel your Membership within the first 30 Days and you will get a full refund of your Membership Fee.

Furthermore, if you decide to cancel your Membership at any given time, we will refund you for the remaining time of your Membership. And there is no recurring obligation. If you want to stay a member, you could renew your membership as soon as the prior membership period has be ended.

The GOLD-Membership costs you less than 0.75 EUR per day, but you get access to an unbelievable value for this amount. Just compare it to a regular Consultant Fee, which might be more than 700.00 EUR per day.

So you get access to the knowledge and expertise of a Consultant for a fraction of the cost. And if you apply the one or the other tips, you save time, which you could better invest to improve your business bottom line. Even the templates included in the Membership are worth more than the anual Membership Fee.

If you follow some of the suggestions and implement them - you will see results in your business. It will become more profitable, with smoother operations, more valuable and more fun for you! You will have greater sense of success and accomplishment and you will have more time in your life.

If you only have an hourly rate of about 50.00 EUR and only save 5 hours per year, you will have regained the anual fee of the GOLD-Membership.

You might think about, if the time is right for any action on your part. Well, the time is right, when you decide to take the necessary steps. You don't depend on any economic trends. It's always the right time to improve your business.

So make that most important decision of your life today,