There are measurable indicators of your company’s performance that help you understand how your business is doing each year. These include your monthly recurring revenue (MRR) and your gross profit margin. If you want a better idea of your security company’s current performance at any given time, you can teach yourself and your team to track certain metrics from month to month. These metrics are your company’s key performance indicators (KPIs).
While some alarm business performance KPIs are the same as any company’s, there are others that are specific to the alarm business model. In this article, we’ll review the KPIs your business needs to measure regularly. Tracking these will help your business establish new benchmarks to keep growing and reaching greater success.
Read the complete article written by Rory Russel for AFS using the link below.
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