Posts tagged KPI
5 steps to business performance measures that matter

Has your business spent days lock in a room to put together a strategy. That strategy probably contains some lofty goals, but how do you know if you are on the way to achieving them. The answer is simple you break the lofty goals into 3 year, yearly and quarterly goals, backed by performance measures that help you figure out if you business is heading into the right direction. There are many reasons why you need performance measures, here are 5 of the most important.

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3 Reasons why you should measure lifetime value

Since the 1980's successful business have calculated the lifetime value of their customer. Customer Lifetime Value is a business measure or KBI that measures the value customers bring to the business. How it's calculated provides even more insight though - here are 3 reasons what startups and small businesses should measure and monitor Customer Lifetime value.

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