So, the next time you are asked about taking x-rays of your teeth, remember that they are intended to help you. For many businessmen, these metrics serve as a gauge on whether the company is doing well or not.
I consider myself pro-business. I believe the corporate tax rate should be relatively low in order to stimulates economic growth and keep folks working here. I also believe there’s a very obvious attempt by some Republican polticians and pundits to mislead the public on the facts with respect to the corporate tax rates in the U.S.
The truth is that most successful people are permanent learners. They always want to learn new things that will give them new ideas as well as new insights into how things are done.
This persons are usually Certified Public accountants (CPA). There might be people like former IRS employees, although not CPA, but can also do the job. What tax preparer does is to prepare the income tax return for a taxpayer. Provided that a taxpayer has already submitted relevant income information to the preparer.
Another metric for evaluating true corporate tax burdens is as a percent of GDP. In 2003, corporate tax burdens in the U.S. were 2.1% of GDP, 3.2% in the European Union and 4.3% in industrialized nations of Asia.
I’ve just come back from a 14-concert tour in Europe. We were there 16 days, and visited seven countries. It was fantastic. And it’s quite interesting. Because in Europe, the audience is a lot younger, and they’re hearing the music almost for the first time.
He then told them specifically what he wanted them to market to their target customers. He gave them specific goals. These were to preach, heal the sick, raise the dead and cast out demons. They must focus all their attention on only these core goals.
So how do you know whether you are keeping track of the numbers the right way? Evaluate the chosen metric properly and see if you are getting the desired results. The results are the only way to know whether you are tracking your metrics properly or not. Have a plan and give it a time frame. See if you are getting the right numbers. If things are not going well, don’t think twice about changing your strategy until you find the right one that works for your organization.