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The Internal KPI’s Most Aren’t Tracking

Increasing the value of a fire protection business relies on tracking the internal metrics (many aren't doing this). The top-level KPIs are obvious: revenue, profit, EBITA. But when you get down to the details, that's where you can start making more data informed decisions. For example: • How many dollars are your technicians driving? • How many visits are technicians doing per day? • What's the ratio of inspection to service revenue? • What is your blend of new install vs. recurring rev? • Where are you managing your deficient systems & assets? • When are these systems and assets due for testing? It all depends on the business you're in, whether fire protection or security, but again, if you're looking to increase your valuation, these are important. Just knowing the numbers allows you to focus more on the main drivers, allocate your resources effectively, and focus on what's actually increasing your bottom line. Do you know your numbers? If not, shoot me a DM, let’s get you more acquainted with the most important metrics that drive your fire protection business's valuation.