5 Metrics Every Small Business Should Track and 5 They Should Not

IMAGE DISTRIBUTED FOR AMERICAN EXPRESS OPEN - The owner of Merz Apothecary in Chicago prepares for the increase of traffic expected on Small Business Saturday after a front window makeover thanks to designer Simon Doonan. (John Konstantaras / AP Images for American Express OPEN)

5 Metrics Every Small Business Should Track and 5 They Should Not, November 18, 2015

By: Germar E. Reed

There is a wealth of data that small businesses can and should be tracking in order to ensure that they are properly armed to make better business decisions.

But which metrics should you track?

All of them?

No!

If data isn’t actionable or useful, don’t waste your time. A KPI is a key performance indicator– the metrics by which you measure your success. It’s a good idea to decide on the metrics that you care most about and put them together in a dashboard to make tracking easier/quicker.

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Growth Strats: Filling in the Gaps

Growth Strats: Filling in the Gaps, August 3, 2014 

By: Terrence J.L. Reeves (Thompson)

Thank you for visiting Growth Strats! We’re excited to launch Growth Strats to play our part in the economic development ecosystem in Detroit.  Detroit is in the midst of a revival – one rooted in grit, determination and lessons learned from places and people, near and far. Rise Detroit!

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