How To Build a Scalable Trades Business | Step 7: Tracking Key Performance Metrics
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Description
In this video, we dive into the critical practice of tracking key business performance metrics for a scalable trades business. Monitoring the right metrics helps you make informed decisions, optimize operations, and drive growth. We’ll cover the most important metrics to track, such as revenue, profit margins, customer acquisition costs, job completion rates, and employee productivity. You’ll also learn how to set up systems to regularly review and analyze these metrics, ensuring your business stays on course for long-term success. By staying on top of your performance data, you’ll gain valuable insights to continually improve and scale your operations effectively. Trade Mastermind, founded by The Apprentice winner Joseph Valente, helps trade business owners transition from tradesmen to business leaders. Our channel covers essential areas like marketing, sales, operations, finance, and recruitment, offering practical strategies to scale your business and get off the tools. We teach tradespeople how to attract clients, close more deals, streamline operations, and build strong teams. On average, businesses that go through our training academies grow by 300% in just one year. Subscribe to learn how to build a scalable, profitable trade business! Want to learn more? https://bit.ly/scaleyourtradebusiness
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