• Home
  • About Us
  • Services
  • Industries
    • General
    • Small Business
    • Law Firms
    • Dentist
    • Church
  • Pricing
  • News
  • Resources
  • Contact
  • More
    • Home
    • About Us
    • Services
    • Industries
      • General
      • Small Business
      • Law Firms
      • Dentist
      • Church
    • Pricing
    • News
    • Resources
    • Contact
  • Home
  • About Us
  • Services
  • Industries
    • General
    • Small Business
    • Law Firms
    • Dentist
    • Church
  • Pricing
  • News
  • Resources
  • Contact
Ledger+Plus Bookkeeping & Tax Service

LEDGER+PLUS BOOKKEEPING & TAX SERVICE, LLC

LEDGER+PLUS BOOKKEEPING & TAX SERVICE, LLC LEDGER+PLUS BOOKKEEPING & TAX SERVICE, LLC LEDGER+PLUS BOOKKEEPING & TAX SERVICE, LLC

KEY PERFORMANCE INDICATORS FOR small & medium sized business

For small and medium-sized firms, key performance indicators (KPIs) are essential for achieving long-term goals. KPIs are quantifiable measurements that allow a company to assess its performance against operational and strategic objectives. By providing valuable data, KPIs help create a productive framework that guides specific actions and procedures for owners and employees to achieve their short-, medium-, and long-term goals. Measuring performance with KPIs enables business owners to stay productive and make necessary adjustments to keep their operations aligned with their business objectives.


Call Ledger+Plus today at 210-473-1256 to set up a complimentary consultation and discover how we can simplify managing your business.

Key Performance Indicators for Small Businesses

  

To effectively measure and enhance the performance of your small business, our KPI service includes a variety of KPI types tailored to different aspects of your business operations. Here are the key service types we offer:


Financial KPIs:

  • Revenue Growth: Track changes      in sales revenue over specific periods.
  • Net Profit Margin: Measure profitability after all expenses is deducted from total      revenue.
  • Cash Flow: Monitor the inflow and outflow of cash to ensure liquidity.
  • Return on Investment (ROI): Evaluate the profitability of investments and expenditure.
  • Accounts Receivable Turnover: Assess the efficiency of credit      and collections.
  • Ratio Analysis: Analyzing financial ratios to assess the financial health and performance of the      business.
  • Break-Even Analysis: Determining the break-even point to understand the level of sales      needed to cover costs.
  • Overhead Analysis:  Involves examining and allocating indirect costs to different departments or projects to better understand and manage overall operational expenses.
  • Gross Profitability Margin Analysis: Involves evaluating the ratio of      gross profit to revenue to assess a company's efficiency in producing goods or services relative to its sales.
  • Net Profitability Analysis: involves assessing the ratio of net profit to revenue to evaluate a company's overall efficiency in managing expenses and generating profit from its total sales.

Operational KPIs:

  • Inventory Turnover: Measure how quickly inventory is sold and replaced over a period.
  • Customer Return Rate: Measures the percentage of products returned by customers.
  • Employee Turnover Rate: Measures the rate at which employees leave the company.
  • Operational Efficiency Ratio: Compares the operating expenses to the revenue generated.

Sales KPIs:

  • Sales Growth: Track the increase in sales over specific periods.
  • Sales Target Achievement: Measure the percentage of sales targets met or exceeded.
  • Average Purchase Value: Calculate the average transaction amount.


Copyright © 2024 Ledger+Plus Bookkeeping & Tax Service - All Rights Reserved.

Powered by GoDaddy

  • Privacy Policy
  • Terms and Conditions

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept