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Post by account_disabled on Feb 28, 2024 4:39:08 GMT 1
The which certain conclusions can be drawn in a company of our scale although they will usually be mark by significant deviations. Monthly metrics in this type of business are more about capturing a moment in time than observing a trend this e.g. in the form of improving NPS or falling churn can be observ rather in quarters or years. Total costs Every month I go through all the cost items that we carefully collect in a spreadsheet sometimes I have questions sometimes I can draw conclusions so as not to spend on something for example. This way I prevent a situation in which money runs away and no one knows where. Total revenues Im not going through all the revenue line items because the lions share of our revenue comes from subscriptions. Since our churn is very low and the vast majority of customers stay with us for a long time I would have to see the exact same items over and over again. As I review this report I try to pay attention to revenue items that are Phone Number List new strange or different. This is help by the markings on each invoice thanks to which I know which business line the revenue comes from beyond a certain number of invoices it is difficult to associate each client and each project. Cumulative profit Evidence. Company account balance About once a month I try to log into our business account and check our cash levels at the highest and lowest points of the last days so that we can be sure of how our cash flow is performing. In times when we had less cash I logg into my account more often. Vacations Every month we summarize all us and unus vacation days. We aspire to ensure that no one in our team has a mountain of unus vacation days and we usually succeed.
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