Business Finance

kpi's home service business

Top 5 KPI’s Your Home Service Business Needs to Track in 2022

Top 5 KPI’s Your Home Service Business Needs to Track in 2022 If you are looking to scale a home service business then you need to be tracking certain key performance indicators, or KPI’s, to ensure that your business is on the right track. What is a KPI? A KPI, acronym for key performance indicator, …

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home service marketing spend

How Much Should I Spend on Marketing for my Home Service Business?

How much should your home service business spend on marketing? How much should you spend on marketing? There is data that needs to be referenced in order to answer that question.  What is your sales goal? How much is your average ticket? How often do you service your clients? What is your customer acquisition cost?  …

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Home Service P&L Analysis: Understanding Your Profit and Loss

Home Service P&L Analysis: Understanding Your Profit and Loss Your profit and loss (P&L) statement is a key financial document that shows your revenue, expenses, and net profit or loss over a period of time. This information can be very useful in understanding the financial health of your home service business and making data driven …

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