KPIs differ by industry - for example having positive cash flow is crucial for a startup, while having an accurate gauge on stock and sales performance is necessarily for retail.
The good news is the 9 Spokes data dashboard has helped define KPIs for different industries. Simply connect your existing apps and your dashboard will display your KPIs.
There is no need to switch between multiple apps, the 9 Spokes data dashboard will showcase your small business metrics in one easy to read interface. The even better news is it's free, and can be set up in a matter of minutes!
Setting the right KPIs for your business will help you be more efficient and help you make better and more focused decisions. With so many different metrics available to track, choosing the right key performance indicators can seem difficult.
Choose KPIs that will allow you to take action within your business and help keep your business growing. Key performance indicator examples include: