While no business is the same and no two businesses will have the same goals, here are five target areas that every entrepreneur should be aiming for:
➡️ Revenues – a clean and easy target to measure
➡️ Gross profit – what is left after the direct costs to provide your services.
➡️ Net profit – what is left over after paying for operating expenses.
➡️ New clients – a sign of growth.
➡️ Cash flow % – after everything is paid for a given period of time, how much cash flow did your business provide to the owners.
Making sure that you have the right target areas in place will make you more likely to succeed and will ensure that your success is meaningful when you do. Do you look at these main target areas in your business? ⤵️