The Financial Metrics Every Business Owner Should Track Monthly

Michelle Cooper |
Tablet screen showing a metrics dashboard

Want to grow your business with intention? Start here.

Top 5 Metrics to Track:

  1. Net Profit Margin – Are you actually making money after expenses?
  2. Cash Flow – Are you earning enough to cover your outflows?
  3. Accounts Receivable Turnover – How quickly are you getting paid?
  4. Operating Expenses as % of Revenue – Keep them lean!
  5. Revenue Growth Rate – Are you scaling sustainably?

Bonus Metric: Client acquisition cost (CAC) vs lifetime value (LTV)

Use a dashboard, ask your bookkeeper for help, and review these monthly. Because what you measure, you can improve.

Do you need help in setting up a financial dashboard? Book a call today and we will help you get this set up and running with ease and flow!

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Michelle Cooper

Michelle Cooper is a powerhouse entrepreneur, CEO of Alchemy Accounting & Bookkeeping, author of Confessions of a Money Rock Star, Your MoneyDate Journal, and co-author of the collaborative book, Women Rising. She has helped many business owners climb out of entrepreneurial poverty into the land of profit.