Contractors are busy running their businesses day-to-day, but taking the time to track key performance indicators (KPIs) is essential for long-term success. In this episode, Tom welcomes Tom Droste, the founder and CEO of Estimate Rocket. They discuss the importance of tracking key performance indicators (KPIs) and the top 3 KPIs that every contractor should be monitoring on a regular basis.
In this episode, they discuss:
About Estimate Rocket and its role in helping contractors run their businesses efficiently
The top 3 KPIs every contractor should track – cash, scheduled work, and sales
How to determine the right numbers to track for your business
Examples of how Tom tracks KPI
Using KPI data to make strategic decisions like when to raise prices
Overcoming hesitation to track KPIs due to not wanting to see bad news
About Tom's presentation at the Mile High Profit Summit 2023
Download the "What If" spreadsheet at https://www.estimaterocket.com/whatifdownload
== Estimate Rocket: https://www.estimaterocket.com/
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