Your business's Key Performance Indicators (KPIs) are your tools for measuring and tracking progress in essential areas of company performance. Your KPIs provide you with a general picture of the overall health of your business. Acquiring insights afforded by your KPIs allows you to be proactive in making necessary changes in under-performing areas, preventing potentially serious losses. The KPI quantification then allows you to measure the effectiveness of your efforts. This process ensures the long-term sustainability of your company's operating model, and helps increase your business's value as an investment.
This year AccountingDepartment.com is celebrating 15 years - but there is a lesser known date which we feel needs to.
Budgeting and forecasting allow a business to plan accurately for its fiscal year. Below are 10 ways to improve.
Federal contractors face critical challenges in aligning accounting methodologies with the demands of the.
Gross profit is an important key performance indicator (KPI) to track, but so is the contribution margin. Many.
Understanding your profit margins is a critical component of healthy financial management. With a product-oriented.
Topics: startups, outsourced bookkeeping services
As your business grows from a start-up to a full-fledged established company, you'll have more decisions to make.
