To track what matters with your service-based business, you need KPIs. But KPIs aren’t immediately obvious using accounting software like Quickbooks Online. Let me show you one – income by service.
For other tutorials about QuickBooks, see the category here.
Ignore KPIs at your own expense. If you do, not only are you failing to use QuickBooks the way a business owner should – you’re not tracking what matters. But once you learn KPIs using QuickBooks, you turn the information into something you can act on to grow your income and cut your expenses. These decisions can’t be made by a bookkeeper – though he/she can make you aware. You must act on these yourself at the end of the day. Your success is yours to create, and part of the recipe is the information that KPIs can provide. By knowing your sales and costs for each service you offer, you can decide what to lean into and what to quit.
For More Bookkeeping Help
To have me be your bookkeeper and save you 80+ hours a year compared to doing it yourself, schedule a free call with me to talk about your business goals. By catching unnecessary expenses, claiming deductions, and having the right information in context at your fingertips, business is much more winnable.