Is your business healthy? How do you know?
For a small business, it can be hard to tell which metrics really matter. You can lose yourself down endless rabbit holes of analytics — without really gaining any useful insight. And as your business grows, the complexity of data grows too.
Maybe the most useful question is: what metrics can you afford to ignore?
Today, we discuss which stats you should spend your time and effort on. By ignoring the numbers that don’t speak directly to the health of your business, you free yourself up to focus on what actually, truly makes a difference.
Call it “analytical minimalism.”
Keeping track of too many metrics can leave you more overwhelmed than informed. Get a better picture of your business, by simply looking at less. Click Play!
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Today’s Sponsors
Beprofit
Running an online business? Do you know how much you’re really making? With so many metrics to keep track of, calculating profits accurately can be a hassle. The Beprofit app works for all major eCommerce platforms, like Shopify, Amazon and WooCommerce. It’s an all-in-one analytics dashboard that helps you get a grip on your finances and optimize profits. For a 15% discount, head to beprofit.co and use promo code MBA15.
Capella University
At Capella University, you’re in control of your education. With the game-changing FlexPath format, you can take classes at your own pace, set your own deadlines, and even leverage your previous experience to move faster. And the faster you move, the more you’ll save. Now THAT’s smart. Learn more at capella.edu.