“I really encourage… one of those weekly reports that you run is your adjustments to review and ensure…”
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Said on The Best Practices Show with Kirk Behrendt
The Business Leader Podcast with Sir Richard Harpin · Simon Mellin built Modern Milkman to £50m - then nearly ran out of cash
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Run a weekly profit-and-loss report instead of monthly/annual to shorten reporting cycles
“I really encourage… one of those weekly reports that you run is your adjustments to review and ensure…”
“I was going to do it monthly, but I started reaching out to interesting people and they all said, yeah, sign me up... so instead of monthly, it became a weekly thing. And it's one of the most popular things about the site”
“Our tech service offering… can amalgamate all those together when it comes to reporting time, financial statements reporting time”
“I have a running toilet and of course a graph because it all goes into a spreadsheet… I check weekly on Fridays, update that spreadsheet and then monthly I do everything, the overview.”
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