Rethinking Your Numbers

On December 23rd, 2010, posted in: E-News by 0 Comment

Part of rethinking is evaluating your numbers. Tracking and analyzing key indicators will help you to build a stronger and more profitable business. And isn’t that what we all want?!

  • How many net new clients did you have this year?
  • How did the new clients find you?
  • What was the % change in your gross revenue?
  • What is the revenue split between your different products or services?
  • Did your COGS ratio stay within range?
  • Have your operating costs increased?
  • What was the % change in your net profit?

If you aren’t tracking these things already, put systems in place to do that. The more you measure, the more you can analyze. Don’t just have the numbers: know what they mean and how they affect your business.

About the Author

Leave a Reply

Your email address will not be published. Required fields are marked *