The Wall Street Journal: Measure How You Increase Value
You can’t measure progress if you don’t have a yardstick. As part of your business plan you need to develop clear and concise strategies by which you can consistently measure results. Defining a realistic road map and milestones is another way to keep yourself accountable (note: it doesn’t count if you don’t write it down.) It will also come in handy when meeting with investors. Read Worthworm Co-Founder Alan Lobock’s tips on how to measure your startup’s performance.