Why Your Business Metrics Matter

This week in Boardroom we’ve been talking a lot about business metrics. 

And the importance of knowing your data. 

Why? 

Because data helps you make decisions.  

And helps you fix things before they truly break. 

A lot of business owners are fire fighting. 

Moving from one spot fire to another. 

Never really feeling like you’re getting ahead.  

Treading water. Working on a bunch of ‘things’. 

But inevitably having to then jump in and put out the next fire.  

Tracking your business data and your metrics fixes 90% of this.  

Honestly. 

If you’re tracking the right metrics in your business each week and each month. 

(Different metrics weekly vs monthly). 

Then you’re getting ahead of the issues. 

You’re being proactive in the management of your business.  

You’re heading things off before they become fires. 

Delivery issues, project overruns, missed deadlines, frustrated clients, lost revenue, lost profit. 

Can all be overcome by tracking your core business metrics.  

It’s honestly the backbone of running your business smartly and strategically. 

And the best part - it’s super easy to do.  

Just start somewhere.  

Work out the metrics that matter to you. 

That will help you run your business properly.  

And start tracking them. 

Then build from there. 

And if you’d like some help with this. 

I’m running an online workshop on the 2nd of October called “The Profitable Consultant”. 

In this workshop, we're going to be working specifically on the core business metrics you need to be tracking. 

To run your business more profitably. 

And if you'd like to join us, follow this link to register now >> Click Here 

Tickets are capped at 10ppl. 

I want to keep this workshop small so we have plenty of time to focus on you and your business. 

So secure your ticket today! 

Would love to work together help you build a more profitable consultancy. 

See you there! 

Josh 

PS: If you’re interested, here are 4 ways I can help you right now: 

1.  Looking to grow your consultancy? Our FREE weekly podcast is packed with the latest tips, tricks, and strategies for business owners in engineering, town planning, surveying, and architecture. Learn how to run a more efficient business and scale successfully – no fluff, just actionable and practical advice from someone who grew a consultancy to $30M and exited successfully– Click Here to listen & subscribe now! 

2.  Download our free Business Plan template that will help you build out your 12 Month Business Plan & allow you to build your business in a consistent and step by step manner – Click Here to download now 

3.  Book a 15-minute Business Growth Call. A short, no-obligation catch up where we can touch base and really look at where you are now, where you want to be, and then build a personalised plan together for how to get you there – Click Here

4. Join us! We run a thriving community and training group for engineering consultancy business owners. In 2023, our members on average grew their revenue by 46%. If you'd like the same results or better - just send me an email at [email protected] with the word “PROGRAM” and I’ll get you some more information.