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The 7 Key Metrics Every Business Owner Should Monitor

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For example, if you have an eCommerce website , you’ll want to measure unique visitors, referrals, bounce rate, and similar. If you’re running a subscription business , you’ll want to track churn rate, monthly recurring revenue, lifetime value, and so on. It’s important to track this metric so that you can manage your cash flow.

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How to Write a Business Plan

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Whether you’re trying to raise money for your business or are developing a plan for strategic growth, a solid business plan is a key component to every successful business. Management Team. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

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How to Write a Business Plan for a Subscription Box Service

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Keeping your buyer persona in mind can help you as you develop your marketing and sales plan, and think through crafting messages to potential customers that will compel them to convert, or subscribe to your box. The five key metrics to judge your subscription model’s success are: Churn and churn rate. Key customers.