7 min

4-25-23 - The Balanced Scorecard: Focus On What’s Important Small Biz Flash

    • Entrepreneurship

FEATURE

The balanced scorecard is a tool that any small business can use to focus on the important areas of operations, as well as finances, linking them to specific goals to generate better outcomes.  The scorecard moves beyond just the typical financial metrics and aligns daily activities with the company’s overall strategy.

https://hbr.org/1992/01/the-balanced-scorecard-measures-that-drive-performance-2

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NEWS ROUNDUP

1
Small businesses are hiring only temporary, part-time workers and contractors at a record high rate of 25%.
https://www.alignable.com/forum/smbs-hedge-bets-on-recession-contract-part-time-hiring-up-to-new?from_topic=polls

2
The Small Business Regulatory Flexibility Improvements Act would force federal regulators to more accurately disclose the total impact of all new rules on small businesses.
https://cei.org/blog/regulatory-reform-in-the-118th-congress-small-business-regulatory-flexibility-improvements-act/

3
The United States Patent and Trademark Office (USPTO) has reduced fees for small and micro entity patent applicants as part of a Congressional effort to lower the barriers to obtaining patents.
https://www.natlawreview.com/article/2023-patent-fee-reductions-and-trademark-response-period-changes

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This podcast is sponsored by SBS Accounting & Advisors.  Use the promo code FLASH and get 20% off your set up fee!  https://sbsaccountants.com/.

👀 Watch on YouTube:  https://www.youtube.com/channel/UCmFHZqDGRbOHXjhpicWuqhg.

📧 I would love to hear from you!  Please email me at adam@smallbizflash.com.

🖥️ Learn how I can help your small business at https://eraynay.com/. 

FEATURE

The balanced scorecard is a tool that any small business can use to focus on the important areas of operations, as well as finances, linking them to specific goals to generate better outcomes.  The scorecard moves beyond just the typical financial metrics and aligns daily activities with the company’s overall strategy.

https://hbr.org/1992/01/the-balanced-scorecard-measures-that-drive-performance-2

----------

NEWS ROUNDUP

1
Small businesses are hiring only temporary, part-time workers and contractors at a record high rate of 25%.
https://www.alignable.com/forum/smbs-hedge-bets-on-recession-contract-part-time-hiring-up-to-new?from_topic=polls

2
The Small Business Regulatory Flexibility Improvements Act would force federal regulators to more accurately disclose the total impact of all new rules on small businesses.
https://cei.org/blog/regulatory-reform-in-the-118th-congress-small-business-regulatory-flexibility-improvements-act/

3
The United States Patent and Trademark Office (USPTO) has reduced fees for small and micro entity patent applicants as part of a Congressional effort to lower the barriers to obtaining patents.
https://www.natlawreview.com/article/2023-patent-fee-reductions-and-trademark-response-period-changes

----------

This podcast is sponsored by SBS Accounting & Advisors.  Use the promo code FLASH and get 20% off your set up fee!  https://sbsaccountants.com/.

👀 Watch on YouTube:  https://www.youtube.com/channel/UCmFHZqDGRbOHXjhpicWuqhg.

📧 I would love to hear from you!  Please email me at adam@smallbizflash.com.

🖥️ Learn how I can help your small business at https://eraynay.com/. 

7 min