Monitoring Your Business
In This Chapter
Using Xero to refine strategic business goals and KPIs
Tracking transactions in specific areas of your business
Reviewing management reports to assist with the business decision-making process
Taking advantage of Xero’s Budget Manager to adjust budgets and forecasts
I n the mid 1990s, my husband and I ventured on a road trip from Toronto, Ontario, to Boston, Massachusetts. With a car, a credit card, a rough idea of how we would get there and a two-week time frame, we set off on our journey. The trip was pretty uneventful for the first few hours (you have to either travel on the main road or go swimming in the freezing cold Lake Ontario!). After crossing the border into the United States, we had time to explore so deviated from our route when the fancy took us. We changed course and spent a few days in Montpelier, Vermont (foodies’ heaven!). Getting back on track, we made it to the beautiful city of Boston (and, disappointingly, found the worst bed and breakfast I have ever stayed in).
A business can be like a road trip — you may ...