The following stage, which you should do after your company is founded and operating well, is to really assess your progress and performance evaluation. When it comes to determining how successful a company's endeavour has been, we need to have a strategy. Several approaches to assessing the success of a company are outlined below. • Statements of the Company's Financial Position and Significant Variables: When evaluating a small company, the amount of money it brings in is the most important factor to consider.