Knowledgebase

Knowing Whether Growth Is Working Print

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Assessment.

WHAT TO MEASURE

Revenue Profit, not just revenue Profit per person Your own hours Quality and complaints Customer retention

THE PROFIT POINT

Revenue growing while profit falls means growth is costing more than it produces.

That is common and frequently unnoticed.

WHAT TO COMPARE

Profit before and after hiring Your hours before and after

THE HOURS QUESTION

If you hired to reduce your workload and your hours have not fallen, something did not work.

WHAT TO ASK

Is the business better, or merely bigger?

WHAT ELSE TO ASSESS

Whether quality held Whether customers noticed a change Whether you are enjoying it

WHAT TO DO IF IT IS NOT WORKING

Establish why: the role, the person, the systems, or the demand.

Each needs a different response.

WHEN TO REVERSE

If sustained effort shows growth is not profitable.

Returning to a smaller, profitable business is a legitimate decision.

WHAT TO REVIEW

Quarterly, in the first year.


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