How to choose which KPIs to track and monitor

by | Business

 

 

 

How to choose which KPIs to track and monitor

 

How many of these do you pay attention to and track?

What you focus on expands, and when you focus on the goodness in your life, you create more of it.

— Oprah Winfrey

Knowing which factor and figures, key performance indicators, in your business are the ones for you to work on increasing to grow your business is vital. 

Then, the next step is to start paying attention to what those numbers are. 

Once you know them, set up tracking systems to monitor your progress. 

Then you’ll gain a deeper understanding of how and where to focus and grow. 

Which of these key performance indicators, KPIs, are relevant for you to track and monitor?

  1. Where do your clients come from?
  2. What marketing works best for you?
  3. What lead generations strategies work best for you?
  4. How many times do your clients purchase from you?
  5. How often do your clients buy from you?
  6. How much do they typically spend with you?
  7. What are your existing profit margins?

Once you get a real understanding of your current situation, you’ll become clear about which are important for you to track and monitor. 

 

Reach out if you want help with any of this xx

 

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Daphne Wells, Inspiritress of Can-do-it-ness and founder of Passion for Growth, helps eminent women leaders navigate change, get crystal clear and into action on your secret dreams.

Her true magic lies in her ability to clarify, to see possibilities, create ideas and inspirit you to implement.

As a young woman she quietly and effectively changed an industry, opening doors for women in a previously male-dominated field.  For many years Daphne has guided leaders to be more effective in their roles.   

Courageous and high-achieving women business owners, leaders, coaches, service professionals, therapists and entrepreneurs round the globe, all of whom have big hearts and yearn to make a difference and make money, hire Daphne so they can be clear and focused on their forward direction and growth.

As a certified professional coach, mastermind leader and facilitator, with a history of birthing and growing small businesses, Daphne has a deep passion to inspirit eminent leadership.

She lives in the beautiful South Island of New Zealand from where she works with high-achieving and courageous women leaders, business owners and entrepreneurs worldwide.  She’s President of ICF NZ Southern.

Do you have what it takes to make the best use of your time?  Find out here

 

 

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about the author

Daphne Wells coaches women to design a life and business that feels free by helping to release expectations that don’t resonate and fully embrace what makes them happiest. An advocate for independence and author of Decide – Choose your own path, Daphne helps women find their inner strength and take courageous action all over the world.

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