The Art of Startup Finance: Financial Monitoring – Your Performance Metrics
Bill Reichert encourages entrepreneurs to get in the habit of producing good financial reports every single month. But you need more than just standard financial reports. You need a Management Dashboard that monitors critical metrics that may not pop out of your accounting reports. These monthly reports are a learning opportunity: What did we think would happen? What actually happened? Why was there a difference? Are we on track to hit our key milestones?
Source:Kauffman FoundersSchool (YouTube)