A good dashboard is like the Control Tower to an air traffic controller and all the pilots in the sky around them. If managing cash is your number one priority, having the full picture of how the business is performing can mean all the difference to avoiding a disaster or sleeping well at night. Avoiding the discussion of cash is often a huge failing of an entrepreneur.
Verne Harnish advises one of the key seats you must invest in is the Finance role. Make sure you have a professional driving this part of your business and develop relevant cash dashboards together so you totally understand how fast you can grow the business.
One of the key factors for driving more cash in your business is solving the Revenue Riddle for your company. The Revenue Riddle is a tool developed by Bill Howe a Gazelles coaching working on the East coast of America.