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Your company should have a strategic plan that mark where you want to go, if you don’t have it, should implement it, to learn more about this point read strategy: what is and how to apply it to your activity. 2. Sort: once know which are their key strategic divide into four groups which we have talked about before. If such a strategy is not sufficiently developed and classified, you must not have problem in this step (if you don’t have it very clear test in reverse, starting from the Quad division, think in the key points of the strategy of your SME in reference to their finances, customers, personnel and internal processes). 3 Convert these key objectives: i.e. make that strategy tangible and real, if your financial plan is to not borrow too, set a goal to do so, but that is real and possible, and which are agreed to by the people involved in these objectives. I.e. that if, for example, you don’t want to borrow and makes this an objective of his activity, reached an agreement on concrete with accounts who leads, your advisor or your economic consultant (as appropriate) to establish realistically what It means not borrow.

4 Set the most appropriate indicators for the objectives of your SME and choose values for these indicators, again is a task that should be performed in consensus with the parties involved. Put these values objective will help you to locate deviations and maintain its strategy contact with reality. 5. Start the procedure of monitoring and analysis: there are specific tools on the market (tools that store and even analyze the data), but they tend to be expensive, simply that someone undertakes follow-up, maintain data and make a report, an analysis of the data and locate points key strategy and reality are the same thing. Think carefully about whether really controls the essential aspects of its activity, if you really know your State, if not so, you should consider implanting a scorecard before you see any unpleasant surprises at the next meeting and it is late. If you think that these tips can be useful for that partner, colleague or friend that thought while it reading, do not hesitate, send it, you will be doing him a favor, and will thank you. Resources for SMEs. Information for SMEs and freelancers.


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