Some examples of KPIs that can help a team meet its business objectives include:
1. Revenue: This is a fundamental KPI for any business. It measures the total amount of money your business makes before any costs are taken out.
2. Net Profit Margin: This KPI measures how much profit you make for every dollar you receive in revenue.
3. Gross Margin: This KPI measures the total sales revenue minus the cost of goods sold, divided by the total sales revenue.
4. Customer Acquisition Cost: This KPI measures the cost to acquire a new customer.
5. Customer Retention Rate: This KPI measures the number of customers who continue to buy from your business over a given period of time.
6. Employee Turnover Rate: This KPI measures the number of employees who leave your company over a given period of time.
Remember, the right KPIs depend on your specific business goals and context.
Does your team struggle to meet your most important business objectives?KPIs are vital for performan...
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