5 Quick Financial KPIs To Check Your Company’s Health
As a business owner, it’s essential to understand your company’s financial health clearly. This involves monitoring key performance indicators (KPIs) regularly. KPIs are measurements that help you know how your company is performing, and a KPI dashboard is a visual representation of those KPI metrics. What is a KPI Dashboard? A KPI dashboard is a tool that visually represents your company’s KPI metrics. It lets you quickly see your business’s performance and identify areas needing improvement. A well-designed KPI dashboard presents KPI data in an easy-to-understand format that can be customized to suit your specific needs. What are SMART KPIs? Smart KPIs are performance indicators that are specific, measurable, achievable, relevant and time-bound. Using SMART Key Performance Indicators (KPIs) to monitor progress towards business objectives lets you observe how hard your staff works to realize their maximum potential. For example, if your goal is to increase revenue by 10% in th