Most business owners are familiar with the basic financial reports they should be getting on a regular basis, but many are less familiar with the different management reports available that could help their businesses increase performance and/or profitability.
Management reporting can take many different forms from high level dashboards to detailed departmental profit and loss (“P & L”) statements. Management reporting is an important tool to help management make good decisions. However, you want to make sure you are getting the right reports that your business needs to drive strategic decision-making.
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