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Introducing PDF Reports

We’re thrilled to introduce a game-changing update for our Growing plan users—introducing the ability to instantly access and navigate your monthly PDF reports directly within Metric! How It Works: Simply head to the Reports section, tap on Monthly Reports, and choose the specific month and report you want to explore. The navigation is seamless, providing you with quick, on-the-go insights into your financial data. How Does This Help? This enhancement caters to the unique needs of our growing plan users, offering: Users on the growing plan can now effortlessly view all their monthly reports directly within Metric, providing quick and easy accessibility. This feature ensures that all your essential financial reports are neatly organized in one place, facilitating easy referencing and record-keeping. With PDF Reports, Metric continues its commitment to providing valuable tools for effective financial management. Embrace the convenience, gain insights, and stay in control of your financial narrative. Explore Metric today for a richer financial experience. 📊

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Introducing Growth Goal Feature: Elevate Your Business Ambitions with Ease!

As the famous saying goes, “If you fail to plan, you plan to fail.” This sage advice rings true for your business as well. Setting clear, achievable goals and continuously tracking your progress towards them can be the key to your success. Imagine having a growth target that you review daily, with each step of your progress visible in real time. This strategy can increase your chances of achieving that goal tenfold.  The team at Metric, with their extensive experience in running businesses and mentoring business owners, understands this critical requirement. That’s why we’re thrilled to bring you a feature that makes this essential step even more accessible. Metric now lets you set a growth rate and allows you to monitor your progress towards that goal with every income entry. The dashboard provides a continuous visual representation of your progress, not only motivating you to succeed but also ensuring you stay on the right track. It offers transparency of growth to all parties involved, creating a shared vision for success. How does it work? Unlock the magic of Growth Goals with these simple steps: Head to dashboard and tap on the growth goal to set your sales target Select the sales target percentage you’re aiming to achieve for the month. Metric instantly calculates the number of orders required to hit your growth goal, providing you with a real-time visual on your progress. With each new order you record, watch the required number of orders decrease, keeping you motivated and informed every step of the way. Benefits: This feature is designed to elevate your business ambitions and thus achievements: Set clear growth targets for your business and watch them come to life. This boost keeps you motivated and on track, helping you stay focused. Metric delivers instant updates to your sales targets as income flows in. Gain immediate insight into your progress, allowing you to compare months where you achieved your target with those where you fell short. This data analysis will help you discover which strategies, campaigns, or processes bring the best results. Stay on course with your growth plans, making it easier to take action. When you can see your progress all the time, it’s like catching problems before they get big.  Imagine the sense of accomplishment as you reach your growth goals with the support of Metric’s Growth Goal Feature. It’s a game-changer, and it’s right at your fingertips. Ready to take your business to new heights? Dive into the app now and embrace the power of hassle-free growth tracking. Your business dreams are just a tap away!

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Introducing Recurring Transactions: Simplify Your Monthly Payments

A significant chunk of the start of each month is consumed by the repetition of similar financial tasks. Whether it’s rent, salaries, investment dividends, or various service subscriptions, these regular transactions tend to monopolize your valuable time. But imagine the relief of automated monthly deposits, seamlessly integrated into your business journey. Once again, Metric is here to make your life easier, introducing a brand new feature that allows you to automate both your recurring expenses and income. It’s like clockwork; each month, your predetermined transactions are effortlessly executed. No more manual entries, no more worries about missing a crucial payment or deposit. Just smooth sailing! Set the date, frequency, amount, and transaction details, and let the system handle the rest. This smart and efficient solution eliminates the hassle of repetitive tasks, ensuring your financial records stay up-to-date without requiring any effort on your part. How does it work? Getting started with Recurring Transactions is as simple as 1-2-3: Head to the “Add Transactions” section and select “Expense or Income.” Fill in the rest of the details accordingly – amount and payment status. Check the “Recurring Transaction” box and choose the frequency, such as monthly, quarterly or yearly. Lean back, relax, and let Metric take the reins. Your recurring transactions will be seamlessly managed, ensuring your financial records remain current. Benefits: Eliminate the need for manual entry of recurring transactions each month, freeing up valuable time. More importantly, Set it and forget it! Once configured, the system handles the transactions automatically. It minimizes repetitive tasks, allowing you to focus on more strategic aspects of your business. Ensure that crucial payments like rent, salaries, and other service charges are always made on time. Maintain an accurate record of all recurring transactions in one place, where you can conveniently view, edit, or delete them. With this new feature, your business journey becomes smoother. Hand over the repetitive tasks to Metric while you focus on steering your business towards new heights. It’s another stride forward in making your entrepreneurial journey as seamless as possible. Discover the power of Recurring Transactions today, and effortlessly keep your business moving forward!

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Business insights for business growth

7 Ways Business Insights Can Help You Grow Your Business

In the business world, data serves as a roadmap to knowing customers better and the insights derived from that data prove to be crucial for unlocking growth and success.  With the right business insights, you can make informed decisions, stay ahead of the competition, and provide an enhanced experience to your customers. In a world where your competition is already more aware of your business and knows what you know, customer insights serve as an advantage to not only keep your business afloat but to also make it grow.  In this blog, we’ll explore how you can use business insights to drive your business forward. What are Business Insights? Business insights are pieces of information (drawn from different sources) that are backed by motivation and desired outcomes. The data shows how consumers are engaging with a business, why they are engaging the way they are, and why no one has identified this problem before to offer a better solution. The insights are then analyzed by businesses to make better decisions, and this process is called business intelligence. Let’s look at the example of Uber to better understand business intelligence and explore how brands leverage business intelligence to better serve their customers. Uber uses business intelligence tools to analyze data on past ride requests, driver availability, weather, and other factors to forecast demand for rides in different locations and at different times.  By accurately forecasting demand, Uber can ensure that there are enough drivers available to meet the demand and reduce wait times for riders. Now, this brings us to the question: how can brands use customer insights to fuel growth and employ strategies to make better decisions? Let’s have a look at some of those ways.  7 Ways Business Insights Can Drive Business Growth A McKinsey report revealed, businesses that leverage customer analytics are 23 times more likely to top their competitors and 19 times more likely to stay profitable. There’s great potential in harnessing customer insights to incorporate processes in the business that better serve the customers. Here are 7 ways businesses can employ customer insights to drive better results.  #1 Improve the Product This is the part where you as a business owner need to identify your target audience and listen to what they’re saying about your product and what improvements are they suggesting.  Before taking action on their suggestions, make sure to dig deeper to identify why they’re saying what they’re saying and what issue they want you to resolve. While you’re at it, keep track of all the customer suggestions along with the problem they’re having. Once you’ve gathered enough insight, work on improving the product, introduce it in the market, and let the customers know the changes you’ve made based on their suggestions — this helps in converting customers into raving fans.  #2 Provide Tailored Experience to Customers Customers love targeted experiences when interacting with businesses in different sectors. Not only that, they now expect businesses to provide them with a more personalized experience.  By using tools like Metric, you can discover emerging trends in your industry and stay ahead of the curve to provide a tailored experience to your customers.  #3 Enhance Customer Communication By speaking directly with your customers, you can gauge what messages are being heard by them and what are not getting through.  While doing so, you can identify the gaps in your messaging, and then, reiterate your message through different channels to inform your customers about a feature of your product that they aren’t aware of yet.  This can, in return, help provide a solution to a problem that they otherwise wouldn’t have known existed. If you do this, you can provide an enhanced communication experience for your customers. #4 Send Targeted Promotional Messages By leveraging customer data, preferences, and buying history, you can send targeted promotional messages to customers that are most likely to make a purchase.  Retailers can enhance their operating margins by as much as 60% through proficient promotions and other data and analytics-driven initiatives. #5 Efficiently Price the Product Businesses leave money on the table if they don’t correctly price their products. A wrong pricing mistake often leads to losses in the business.  With business analytics, you can base the price of the products that the customers are willing to pay. Read our blog on pricing mistakes to avoid to maintain the financial health of your business. #6 Make Better Marketing Content One of the most important uses of gathering data and analyzing it is to make content that resonates with the target market to make them feel more heard. Observing what language and phrases your customers use when describing your product or service can help you create a marketing copy that directly speaks to your target audience.  This will encourage them to identify with your business, and consequently, attract extra search traffic.  You can even use customer insights to create testimonials, case studies, and inspiring content like blogs and social media posts.  If you make content that resonates with your customers, they will be compelled to share it with their network which will help reach your message to a wider audience.  As a business, you need to ask your customers about their experiences and struggles and use their feedback to improve your marketing and content strategies. Make it an integral part of your customer interaction process to provide a better experience.  #7 Build Long-term Relationships with Customers Businesses can leverage data analytics to gain insights into customer behavior and preferences, which can be used to personalize their experience and deliver targeted marketing campaigns.  By using data to better understand customers, businesses can create a more immersive and relevant marketing experience for their target audience, which will ultimately make them feel valued and lead to increased customer engagement, loyalty, and revenue. Conclusion As a business owner, you need to use customer insights to grow and succeed in today’s competitive market. Plus, there’s data to back this notion.  By gathering and analyzing data on customer behavior,

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7 Productivity Tools to Boost the Efficiency of Your Small Business

If you’re running a small business, you know how overwhelming it can be to keep up with all the tasks that need to be done every day. That’s why automation using productivity tools is crucial for your business because it ensures everything is accomplished efficiently and effectively.  So, whether you’re looking to increase your team’s effectiveness or simply become more organized, our selection of time-saving resources will provide you with the right answers. Productivity Tools to Boost Business Efficiency #1 Trello Trello is an online project management tool that helps small businesses organize and prioritize their tasks. It allows you to create boards, lists, and cards, which you can use to track progress and collaborate with team members. It also lets you integrate with other productivity tools such as Slack, Google Drive, and Dropbox for your business. Benefits for Small Businesses It makes you save time by creating lists, delegating work, and monitoring the task until its completion. Here are some other benefits: #2 Asana Asana is another project management tool that lets you manage your tasks, projects, and teams. It offers a variety of features, including task assignments, deadlines, and progress tracking. You can integrate it with other productivity tools such as Slack, Google Drive, and Dropbox. Benefits for Small Businesses You can use it to increase transparency in employee tasks and efficiency, streamline processes, and simplify routines. Here are some added benefits: #3 Buffer Buffer is a social media management platform that provides affordable, intuitive marketing tools for small businesses. It lets you integrate with Facebook, LinkedIn, Twitter, Pinterest, TikTok, etc. Benefits for Small Businesses You can use the platform’s built-in posting, interaction, and social media tracking tools to grow your native user base. The capabilities of Buffer include the following: #4 Metric Metric is a financial intelligence app that allows you to monitor important financial metrics such as revenue, expenses, profit, average order value (AOV), and customer acquisition cost (CAC) in real-time, giving you a clear and concise overview of your financial situation.  Benefits for Small Businesses #5 Slack An instant messaging app that lets you easily communicate with your team members. It offers a variety of features like real-time messaging, file sharing, and video calls. You can integrate it with other productivity tools such as Trello, Asana, and Google Drive. Benefits for Small Businesses Slack is great for remote-first companies because it makes continuous collaboration within their digital offices a breeze. The main advantages include: #6 Canva Canva is a visual content creation tool that requires little technical expertise or training to get started using. This platform allows professionals (who are not design experts) to quickly and easily produce high-quality graphics by using premade layouts, photos, and other visual assets. Benefits for Small Businesses #7 Jira Jira, created by Atlassian, is a project management and bug-monitoring software that lets users build, delegate, and monitor projects. By dividing large projects into more manageable chunks, Jira users can better keep their teams ordered and in harmony with one another. Benefits for Small Businesses While the platform’s primary users are software developers, it can be put to use in any field thanks to its useful features for teamwork, communication, and project administration. Here are some added benefits: The Bottom Line As a small business owner, your team’s efficiency is crucial for running your processes smoothly and without errors. However, due to limited resources, you may not have the option to expand your team.  In such a situation, automating certain operations can significantly enhance the overall productivity of your team. By leveraging productivity tools, you can streamline repetitive tasks, optimize workflows, and free up valuable time and resources for more important activities.

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