Financial KPIs empower small business owners to enhance profitability, manage expenses, and ensure financial stability. These are the most important metrics that business owners need to keep in mind: Accounts Receivable Turnover: Measures how efficiently a business collects payments from customers. Return on Investment (ROI): Assesses the profitability of investments, aiding decision-making. Inventory Turnover Ratio: Measures the efficiency of inventory management by assessing how quickly inventory is sold. Working Capital Ratio: Evaluates a business's ability to cover short-term liabilities with its current assets. Debt-to-Equity Ratio: Compares a business's debt to its equity, influencing financial leverage decisions. Gross Profit Margin: Reveals the proportion of revenue retained after deducting direct costs, guiding pricing strategies. Net Profit Margin: Calculates the percentage of profit relative to total revenue, indicating overall business profitability. Want to explore KPIs further? Book a call with us to learn how can we help your business
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