Business growthChoosing4 min read
How to measure real growth with numbers, not gut feeling
"I feel like we are growing" is not a measurement. Four simple numbers, tracked monthly, show exactly where a business is heading.
"I feel like we are growing" is not a measurement. A few simple numbers, tracked monthly, reveal exactly where a business is heading.
- Monthly revenue, compared clearly against last month and the same month last year.
- New customers versus returning ones.
- Profit margin, not just revenue.
- Customer acquisition cost against long-term value.
Gut feeling can be wrong. Numbers cannot.
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