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KPIs Explained

KPI analysis is an extremely important and under utilised means of understanding the underlying health of a business. Ratio analysis can be likened to getting under the hood of your car. You know your car works, drives ok, passes its annual inspection but do you really know what is really going on? What problems are starting to appear with the workings of your car. KPI analysis is like getting under the hood and checking the oil and water levels, brake fluids, air filter etc. They can give you a great insight into underlying risks or opportunities within your business, often before they are readily apparent within your financial statements such as P and L and Balance Sheet.

See our KPI Knowledgebase

We've pulled together a whole heap of resources so that you can understand what each KPI means, how it is calculated, and what you can do to improve it in our Knowledgebase. Click here to head there

Download our KPI and health score reference guide