GRACE
PERFORMANCE, COST AND STRATEGY
STRONGER DECISIONS

Check all that you currently do to inform and reinforce your decisions, then read below for more information.
When you're ready, send a proposal request to get help. Be sure to include a description of what you need.

Collect detailed transaction data
Analyze transaction and other data
Research competitors and industry
Conduct feasibility studies
Search out all options
Determine course of action from a combination of
data analysis results, management experience, industry knowledge and intuition

There is a spectrum between basing your strategic and everyday management decisions solely on intuition or all on data. I believe that being fully informed from multiple sources (ie. data, intuition, experience, industry knowledge, benchmarking, research, trade journals, etc.) is vital. The more information you have at your disposal, the better decisions you can make. Part of this is collecting and analyzing your business' transactional and other data, which can tell you a lot about how it has been performing. Forecasting future sales, revenue and expenses can give you an idea of the business' trajectory, IF nothing changes. Combining information sources, such as data analysis with your management experience, research, industry knowledge, etc. provides a more complete picture of the future for you to base your decisions on.

When you're ready, send a proposal request to get help. Be sure to include a description of what you need.

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