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    Small Business Entrepreneurship

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    What are some key operating metrics that can be used to help control the operation of a small business?

    © BrainMass Inc. brainmass.com October 10, 2019, 2:21 am ad1c9bdddf
    https://brainmass.com/business/entrepreneurial-issues/small-business-entrepreneurship-373501

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    Operating metrics are definable as the operational measures of efficiency and effectiveness within a process or operation. Some key operating metrics that can be used to help control the operation of your business include costs, service delivery, technology, and human resources.

    Understanding how to price your goods or services is an important metric to take into consideration right from the outset of forming your business. Prices need to be reflective of the true ...

    Solution Summary

    This solution reviews some of the key operating metrics that can be used to help control the operation of a small business.

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