Blog & Resources

7 Key Performance Indicators (KPI) to focus on when growing your business?

Growing your business is something that many business owners want to do.  To measure your overall business growth and understand what drives your growth, business owners should focus on the following KPI:

1.     How long does it get you to get paid?

2.     Is your revenue growing ever month?

3.     What is your gross profit every month?

4.     How much cash is being spent every month?

5.     What profit are you making from your overall operations each month?

6.     How much money are you making on your investment?

7.     What is your tax liability for the year?

Once the above is calculated look to see what effects or drives their measurement and how this can be altered to improve the outcome.

 

If you would like to discuss further please contact us:

McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD

www.mcnamaraandcompany.com.au/contact-us

Phone +61 3 9428 1062

Email admin@mcnamaraandco.com