When running a retail business, it can be hard to find the time to step back and assess the performance of your store outside of just looking at sales numbers and revenue. However, tracking and measuring other pepixabayrformance metrics is crucial for any small business as the data these metrics provide can highlight growth opportunities and help inform business decisions such as product purchasing and employee staffing.
As an independent business, even if you are monitoring different metrics, it’s hard to know how your store compares to other small businesses. Vend recently released their retail industry benchmarks report so businesses can see how they stack up to the competition.
