You cannot run a business based on your gut feeling. To run a successful business you need to thoroughly analyze your financial aspect, sales, and workflow of the business. Businesses use KPIs (Key Performance Indicators) to measure business progress. The KPIs indicate whether the business is able to meet its goals on a regular basis. KPIs are business metrics that tell whether the company has achieved its goal within a specific time frame.
In this video, we give you a look at some KPI examples every business should know.
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