Best Certified Public Accountants in Orangeville, ON

Financial KPIs empower small business owners to enhance profitability, manage expenses, and ensure financial stability. These are the most important metrics that business owners need to keep in mind: Accounts Receivable Turnover: Measures how efficiently a business collects payments from customers. Return on Investment (ROI): Assesses the profitability of investments, aiding decision-making. Inventory Turnover Ratio: Measures the efficiency of inventory management by assessing how quickly inventory is sold. Working Capital Ratio: Evaluates a business's ability to cover short-term liabilities with its current assets. Debt-to-Equity Ratio: Compares a business's debt to its equity, influencing financial leverage decisions. Gross Profit Margin: Reveals the proportion of revenue retained after deducting direct costs, guiding pricing strategies. Net Profit Margin: Calculates the percentage of profit relative to total revenue, indicating overall business profitability. Want to explore KPIs further? Book a call with us to learn how can we help your business...