How to Assess Your Business for Next Quarter - Foundation Finance

How to Assess Your Business for the Next Quarter

We’ve sprinted past the first quarter of 2017 and to make sure you’re prepared for the next three months, the best thing you can do is evaluate the last three. Take a look at these tips and apply them to your business to determine if a second quarter adjustment is needed.

  • Vision:

    Are you staying true to what your company stands for?

  • Team:

    Do you have valuable employees in the correct roles? Your team is one of the most important aspects of your business. Review their strengths and weaknesses and determine the steps you need to take to improve their skills and attitudes to maximize potential.

  • Operations:

    Is your business attracting valuable prospects? Are your sales and production levels where they need to be? Review your work quality and the quality of work for any subcontractors you employ. Analyze your financial stability – are you moving through projects efficiently?

This process will set you up for a successful second quarter and allow for any necessary changes to be made to propel your business in the right direction. Adding customer financing to your second quarter business plan could be the boost you need to grow your bottom line. Customers are more likely to move forward with a project when presented with multiple payment options. To learn more about how Foundation Finance can help get your customers financing for a project, please call us at 855-241-0024 ext. 5012 or email [email protected].

Note: Use of the terms "Loan," "Lender" and "Borrower" is for ease of reference only. Financings are in the form of retail installment contracts ("RIC").

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