As a business, you have to track and measure your performance in order to succeed. Developing Effective KPIs that work for your business (KPIs) is the way to go for all businesses. A KPI allows you determine goals, set objectives and evaluate progress...
Customer lifetime value and segmentation is this week's episode of the I Hate Numbers podcast. Last week I kicked off with part one I will be continuing from part one my exploration of customer lifetime value by looking at Firstly CLV and net CLV calculation...
My question to answer today is What turnover means in business. It doesn’t help you that there are different terms for turnover, for example revenue, sales, and takings. In this short blog-vlog I will Tell you what turnover is How to calculate it Why turnover is...
What is your why for having your own business, whatever that, there are reasons Why your business must make a profit. Making profit must be at the top of your business goals, ignore that at your peril. Firstly, I am going to tell you why making profit is vital for...
How to take your business seriously Most importantly there is no magic bullet to make your business successful. Don't treat your business as a hobby, it's more than that. Run it, deal with it and approach it as a business. Business or hobby? Firstly, what’s a...
About this episode What is profit, and why does it matter beyond sales? Sales can feel exciting. A new customer, a paid invoice, or a busy week can make a business look healthy from the outside. However, sales alone do not tell the full story. We look at profit in...