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 underperforming 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.
A company's current and past financial health are key indicators of its long-term growth potential. So, it follows.
Why do 90 percent of businesses fail? Of course, there may be many factors involved and each startup fails in its.
Managing a profitable company is all about controlling costs enough that revenues outpace expenses and margins are.