Max Your Business

← Max Your Business6 dagen geleden · 27 min

MYB150: The 5 Key Business KPIs You Need to Maximise Profit and Scale

MYB150: The 5 Key Business KPIs You Need to Maximise Profit and Scale6 dagen geleden27 min

In this milestone 150th episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin unpack the real mechanics of your business machine. While most business owners focus heavily on sales and profit, Ben and David explain why these are actually outcome numbers and how you need to pull the very specific levers that influence them.

Growing a business is not just about spending more money on marketing. It is about understanding the five crucial KPIs every owner needs to measure. From finding out your true conversion rate to boosting the average customer spend, they share practical advice on how small tweaks across these five areas create a massive compounding effect on your bottom line.

If you are tired of working hard without seeing the financial reward, or if you want to know exactly what to measure before delegating tasks to your team, this episode is an absolute must listen.

Episode Highlights:

00:00 - Welcome to the Max Your Business Podcast

01:55 - Why sales and profit are outcome numbers, not direct levers

02:40 - The business machine view: why your business needs to produce a clear output

05:19 - Celebrating episode 150 and why revisiting the basics is so powerful

07:51 - KPI 1 and 2: Generating leads and why your actual conversion rate might shock you

12:18 - Why counting every single lead is essential for understanding your marketing costs

14:47 - KPI 3 and 4: Maximising spending frequency and average customer spend to boost revenue

18:40 - KPI 5: Understanding your profit margins to ensure you actually keep what you make