Monthly Archives: April 2014

KPI #5 – Productivity

Productivity and efficiency go hand in hand.  If your people are productive, but there are holes in your systems and procedures, both your team and you are losing valuable opportunities to make more money and complete more work. I look … Continue reading

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KPI #4 Number of Sales Receipts or Work Orders

So now we have covered why I think KPI’s are so amazing, how to figure out your accurate Gross Profit Margin, the importance of tracking your Weekly Gross Sales, and why increasing your Average Sales Per Receipt helps you work … Continue reading

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KPI #3 – Average Sales Per Receipt or Work Order

Now that we’ve dealt with Gross Profit Margin and Weekly Gross Sales, let’s look at a Key Performance Indicator (KPI) that goes all the way down to the “per transaction” level. When we talk about working smarter, not harder in … Continue reading

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KPI #2 – Weekly Gross Sales

Last blog I discussed Gross Profit Margin. It may seem strange to start there instead of with Gross Sales, which seem to go hand in hand, but surprisingly, Weekly Gross Sales are actually an indicator of different strengths and weaknesses … Continue reading

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KPI #1 – Gross Profit Margin

Gross Profit Margin is the percentage of money  you have left after you pay all the costs of producing the goods and services you sell. I work primarily with service industries (businesses that provide specialized skill technicians or workers to … Continue reading

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KPIs Have SuperFoods Powers!

Key Performance Indicators (KPIs for short) are nifty little tools. I like to think of them as the business equivalent of all those tests a doctor puts you through to figure out what is wrong with you so they can … Continue reading

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Firing The Customer

Remember when we were being taught “the customer is always right”? A few years ago, the teaching faded away, as most of us realized that while well-intentioned and a great war cry for better customer service, it was in fact … Continue reading

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