When it comes to meeting your business goals, it pays to have an effective way to measure your success. Key Performance Indicators (KPIs) measure the important features of your business.
No matter what business you run, KPIs help you to measure specific aspects of your company’s performance. Exactly what you measure and how you measure it will be dependent on your business and your long-term goals. The data will give you a picture over time and allow you to make informed decisions.
There are a number of ways to ensure you are capturing data effectively and then sharing it with the right people. The data must be relevant, timely, and clearly presented. You can read more on four key performance indicators to measure in your business, on the Xero website.
We can help you choose the KPIs that are most relevant and useful for your business and how to track these on a frequent basis so you always have a handle on the health of your business.