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Key performance indicators
Identify at least 2 key performance indicators a clothing business will use in its business. Define what they are and explain how they will assist the clothing business to operate the business's profitably. Eg, this might be to find 10 new customers each month in the first 2 months, or increase sales by 10% in the first 3 months etc. These do not necessary have to be financial indicators, but performance indicators for your business operation.
Monitoring of marketing and operational strategies
Explain how the clothing business will monitor the financial results of the business to ensure to business goals can be met. Indicate how regularly the clothing business will evaluate financial reports to evaluate how the business are progressing in achieving your business goals.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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