Wed, 16 September 2020
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
Your financial statements will generate a wealth of metrics on your business.
Investors want to know these metrics - also called KPIs - which stands for Key Performance Indicators.
You can use the metrics to also manage the business and identify new opportunities for growing your sales and reducing costs.
Metrics also help you focus your efforts on the important things.
Key metrics for the overall health of the business include sales growth, gross margin, and profitability.
For cash flow, you’ll find burn rate, runway, and fundraise requirements will be useful.
For recurring revenue, businesses measure cost of customer acquisition and track lifetime value of a customer, as well as churn rate.
Direct download: EG_July_2020_Startup_Funding_Espresso_--_Key_metrics_to_capture.mp3
Category:general -- posted at: 7:31am CST