• 65. The Most Critical KPI's for Online Business Owners

  • Jul 30 2024
  • Length: 35 mins
  • Podcast

65. The Most Critical KPI's for Online Business Owners

  • Summary

  • Welcome to The Fit Wealth Show, do you know the numbers in your business that will drive performance that will outlast the test of time? Key Performance Indicators (KPIs) are essential metrics used to gauge the performance of a business against your desired goals. Today on the show we are talking about the most important financial KPI’s that will either drive your business, or drive it right into the ground. So, ditch that whiteboard, grab your P&L’s and let’s get to it, this is the Fit Wealth Show!

    • Revenue: Measures the increase in a company's sales over a specific period.
    • Net Profit Margin: Indicates the percentage of revenue that is profit after all expenses are deducted.
    • Gross Profit Margin: Shows the percentage of revenue that exceeds the cost of goods sold (COGS).
    • Regularly tracking and analyzing these KPIs

    Thank you for listening to the Fit Wealth Show. If you liked this episode, please be sure to subscribe and leave a review. Find me on Instagram at the @fitwealthadvisor or if you’d like to know how you can work with me directly, Visit me at fitwealthadvisors.com

    IG: Shawn @fitwealthadvisor

    IG: Amanda @thefitfinancial_

    The Fit Wealth Show is brought to you by Fit wealth advisors. Fit Wealth Advisors is an investment adviser registered under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply any level of skill or training. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation.

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