How do I know if a piece of data is really useful for my business?
A piece of data is useful if it helps make a decision, confirm a hypothesis, or detect an opportunity for improvement.
What mistakes should I avoid when starting to measure or collect business data?
The most common mistake is wanting to measure too many things without knowing why.
How often should I review my business data?
It depends on the type of activity. For some data, a monthly or quarterly review is sufficient.
Do I need a complex tool to work with data?
Not necessarily. A well-organized spreadsheet, reports from an online store, or a weekly log
What data should an SME start collecting?
The most advisable approach is to start with the data that helps make frequent decisions: sales, customers, costs, digital channels, or periods of higher and lower activity. It is not about measuring everything, but about identifying which information can improve the daily management of the business. In this way, data becomes a practical tool to […]
What do you gain by periodizing insurance, maintenance, and licenses?
You get a cleaner reading of the actual monthly cost. This helps to set prices, compare months, and avoid artificial peaks in the final result.
Why is it advisable to budget for taxes month by month?
Porque así no te engaña la caja aparente. Reservar poco a poco evita que un vencimiento fiscal te rompa un mes que parecía bueno.
Why is it beneficial to perform a monthly financial close even if the company is small?
Because waiting for the quarter or the annual closing causes problems to be discovered late. A short and orderly closing improves control
What is gross profit margin on invested inventory, and when is it useful?
It relates the gross margin to the money tied up in stock. It is very useful for retail, distribution, and warehouse-based businesses
How does the price, volume, and mix analysis help?
Separate whether the improvement or deterioration of the result comes from selling more units, changing prices, or selling a different mix.
