A kilometre comes to mind in any discussion of distance. A kilogram for weight & a minute for time. A metric is therefore a tool for measuring units of any thing measurable. Having measures of business activity is critical. It gives dimension to understand business aspects like income & expenses in relation to time &Continue reading “Business Metrics”
Category Archives: Financials
The Cost Factor
Cost & Business The difference between entrepreneurial success & failure can narrow down to cost management. Costs include all business expenditure from fixed costs like rent & wages to operational ones like transport & internet. My focus is on operational costs which are the ‘naughtiest’ consumers of revenue as they facilitate the service aspect ofContinue reading “The Cost Factor”
Ideation256 