There are so many different things to measure in a business – gross revenue, gross profit, cost of goods sold, payroll, expenses, number of customers, customer retention, number of transactions, different ways of measuring customer satisfaction, and many more!
The cockpit of an airplane has hundreds of dials and meters measuring everything that is going on. The pilots however pay attention to five of them. They fly the plane watching the five main dials, with the rest as back up of more information if needed. The same will be true in your business – what are the KEY metrics that allow you to effectively drive your business?
The Profit Generator Community
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