Posts Tagged: metrics

How to Improve Your Company 3x Faster Than Your Competition
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How to Improve Your Company 3x Faster Than Your Competition

You most likely take a deep look at your business numbers once every three months—but reviewing your key numbers only once a quarter can limit your opportunities. However, there’s a simple solution you can use to improve your company, making it more nimble and agile than your competition.

The Cash Flow Statement: What It Is and How to Use It
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The Cash Flow Statement: What It Is and How to Use It

Cash is the lifeblood of every business—and understanding your cash flow statement will keep your business alive. Here’s how to make sense of your cash flow statement (and how a cash flow statement differs from a cash flow forecast).

What Is Accounts Payable?
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What Is Accounts Payable?

Accounts payable is the total of the bills that you have to pay, but that you haven’t paid yet. Here’s why accounts payable matters for your business, and how to manage it.

What Is Cash Flow?
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What Is Cash Flow?

Cash flow is critical to running a business. Without money in your bank account, you can’t pay your bills. Find out how to calculate and improve operating cash flow.

What Is Net Profit?
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What Is Net Profit?

Net profit is the proverbial bottom line of your business. This guide will show you how to calculate your net profit, and what you should know about how it impacts your business overall.

What Are Direct Costs? COGS Definition
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What Are Direct Costs? COGS Definition

Direct costs (also known as costs of goods sold—COGS) are the costs that can be completely attributed to the production of a specific product or service. Here’s why this is important for growing and running your business.

What Metrics to Track (and What Not to Track)
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What Metrics to Track (and What Not to Track)

Business owners who succeed in meeting their goals have one common thread: They all track their progress toward their goals. Here are the metrics and data you should track to realistically measure performance, and what you can safely ignore.