108. Business Metrics: Defining & graphing the business performance indicators - PDF ONLY
The Three Paradigms of Business Metrics - Departments, Margins, Percentages
“Business Metrics” is one of the analysis applications a successful business owner will apply to their “Business Financials”. If we were to look at Business Financials as a “static point in time” view, we can look at “Business Metrics” as the dynamic relationships that the static number have with each other.
“When I first came to him, I was feeling very stressed about how I could handle everything on my own. I did not know how to scale my business up in a sustainable way. Working with Shawn Jackson has been by far one of the best decisions that I have made for growing my business.” J.P.
Succinctly stated, “Business Metrics” are the objective measurements by which revenue, efficiency, performance, strategies, tactics, calendaring of a plan, process, product or service. Every operation of your business has specific performance metrics.
“You have a depth of understanding for both business and human behavior beyond anything I have seen or worked with before. I can't thank you enough! PS we actually hit our target amount of money (when I did the FEO) stuff if the clinic was at full capacity. :) I can't wait to meet you in person one day so I can hug you!” Denise :)
The marketing team tracks marketing efforts, message effectiveness, and social media results. Your sales teams monitor sales performance, new opportunities in the target market, and lead generation/lead conversion. You will want to look at trending metrics in your business.
2017 Business Blueprint For Success CHAPTER 108 METRICS 070717 PDF
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