What Is The Effect Of External Influences On Your Business?

Your enterprise can be radically affected by external influences. It is vital that you monitor not only Economic Influences, but also Regulatory ones.

For Economic Influences, you need to keep an eye on the following key measures:

• Retail Price Index - The Retail Price Index expressed as a %;
• Inflation Rate - The rate of inflation expressed as a %.

For Regulatory Influences, you need to keep a laser focus not only on Government Policy and how it will affect your specific business, but also on Legislation and its effects on your company.


“There is little difference in people, but that little difference makes a big difference.The little difference is attitude. The big difference is whether it is positive or negative.”

W. Clement Stone