5 Simple Numbers Every Small Business Should Track

August 11, 2025

If the thought of “tracking KPIs” makes your eyes glaze over, you’re not alone. For many small business owners, Key Performance Indicators (KPIs) sound like something reserved for corporations with big budgets, bigger teams, and even bigger Excel spreadsheets. Who wants the hassle?


But here’s the truth: KPIs are just numbers that tell a story and if you’re not paying attention to them, you’re running your business with the lights off.


The good news? You don’t need 47 dashboards or a data analyst to track the KPIs that matter. You just need to choose a few that tell you whether you’re growing, stalling, or unknowingly throwing money out the window. Consider this article a crash course on basic KPIs.


KPIs You Should Be Tracking

If you’re like most businesses that are just beginning their financial tracking and analysis you’re concentrating on two things—what did I make and how much did I spend? That’s a great start but it’s a lot more nuanced than that.


If you’re ready to play in the big leagues but aren’t ready to hire your own analyst, here are 5 simple KPIs you should track (and you don’t need a business degree to do so):


1. Customer Acquisition Cost (CAC)

  • What it is: How much it costs you to get a new customer.
  • Why it matters: If you’re spending $100 to get a $50 sale, that’s not marketing—it’s expensive gambling.
  • How to track it: Divide your total marketing + sales costs by the number of new customers gained in that period.
  • Example: $1,000 spent / 10 new customers = $100 CAC
  • Pro tip: Keep an eye on every month. If it’s creeping up, your ads, outreach, or messaging may need a tweak.

 

2. Customer Lifetime Value (CLV)

  • What it is: The total revenue a single customer brings to your business over the course of your relationship with them.
  • Why it matters: It’s not the first sale that makes you profitable—it’s the second, third, and fifteenth.
  • How to track it: Average purchase value x number of purchases x average customer lifespan.

When CLV > CAC = happy business owner.

 

3. Lead-to-Customer Conversion Rate

  • What it is: The percentage of leads that turn into actual customers.
  • Why it matters: Getting leads is great. Very exciting when someone shows interest in you but converting them is where the money happens.
  • How to track it: (Number of new customers ÷ number of leads) x 100
  • Example: 10 customers ÷ 100 leads = 10% conversion rate
  • Pro tip: If this number is low, your follow-up process or sales messaging might need work.


4. Revenue per Employee (or per Hour)

  • What it is: A productivity metric that shows how efficient you or your team really are. It’s not about being busy, it’s about what you’re/they’re adding to the bottom line.
  • Why it matters: Working hard is great but seeing results from that work is critical to your business’ success. For instance, imagine one employee having a laundry list of work accomplished over 40 hours but no sales to show for it or an employee working three hours and making the week’s sales number. Which employee is more valuable?  
  • How to track it: Total revenue ÷ number of employees (or hours worked, if you’re a solo act). This outcome calculates it in a general sense. If you want to figure out which employee is bringing in more revenue, you will have to create a system to assign sales to individual employees. Some PoS systems allow for codes, for instance, while most CRMs allow you to assign clients to salespeople.

 

This calculation helps you see if you’re scaling well or just staying busy.

 

5. Churn Rate (a.k.a. Goodbye Rate)

  • What it is: The percentage of customers who stop buying from you over a given period.
  • Why it matters: A leaky bucket never fills, no matter how much water you pour in.
  • How to track it: (Customers lost ÷ total customers at the start of the period) x 100


If this number is high, focus on customer experience, retention, and loyalty programs.

 

Tracking Tips

You don’t need to check these KPIs every day. Just set aside one hour a month to review them. Use a simple spreadsheet or dashboard, and ask:

  • What’s improving?
  • What’s declining?
  • What actions should I take based on this?

If you’re not sure what the trends mean, try plugging them into the AI of your choosing and ask it to run a basic analysis of the numbers and offer suggestions.

 

KPIs aren’t just vanity metrics—they’re your early warning system, your gut check, and your business GPS. Track them consistently, and you’ll be more attuned to your businesses and where it’s headed.


Further Reading:

6 Questions Every Smart Small Business Owner Asks

Community-Led Growth: The Secret Sauce Smart Businesses Are Using to Scale

Hospitality is the Hidden Edge: Why Emotional Connection Drives Customer Loyalty

Think Bigger: How Systems Thinking Gives Small Business Owners a Smarter Edge



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Christina Metcalf is a writer and women’s speaker who believes in the power of story. She works with small businesses, chambers of commerce, and business professionals who want to make an impression and grow a loyal customer/member base. She is the author of The Glinda Principle, rediscovering the magic within.

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Facebook: @tellyourstorygetemtalking

Instagram: @christinametcalfauthor

LinkedIn: @christinagsmith

November 10, 2025
It’s officially that time of year where you have to keep looking at the calendar because it’s so hard to believe how quickly time is going or as we like to say—it’s Blurvember. The holidays have a way of sneaking up on even the most prepared businesses. One minute you’re stocking fall candles and the next you’re wondering where the extra rolls of gift wrap went. This is the moment to tighten things up so you can enjoy the revenue boost without feeling like you’re sprinting through December. Here are five simple, high-impact updates your business can make right now (some so quick you can implement them between customers) to get ahead of the holiday rush. 1. Update Your Hours and Online Info Everywhere Holiday shoppers are comparing hours, checking maps, and trying to squeeze errands between work, school pickups, and holiday events. If your hours aren’t accurate across Google, Yelp, Facebook, your website, and your chamber listing, you risk losing customers before they even leave the house. Do a quick search for your business as if you were a customer. Is your phone number right? Are your photos current? Does your holiday schedule show up clearly? Most people rely on Google’s first page, so correcting those listings now is one of the easiest wins you can score. 2. Refresh Your Signage and Displays Your storefront or lobby is a strong salesperson this time of year. When signage feels fresh and intentional, customers are more likely to stop, browse, and buy. That’s why so many storefront businesses go straight from Halloween to Christmas. Both holidays are visually appealing. In fact, people will enter your business just because you have a cool window. (Poor Thanksgiving, the middle child of holidays.) You don’t have to overhaul your entire look. A few simple updates can make a strong impression: Swap weathered signs for clean, readable replacements (unless antique is your vibe) Add one seasonal visual element that feels inviting rather than overwhelming Use clear markers for gift ideas or bestsellers Make sure curbside or pickup instructions are posted where customers can see them Even small touches create a sense of readiness that customers appreciate during a busy season. 3. Prep Your Team for Upselling Without Feeling Salesy Your staff can be your holiday heroes. A little training now can lead to bigger revenue and happier customers later. Upselling doesn’t have to feel pushy. It’s simply offering helpful suggestions that customers genuinely appreciate. Consider coaching your team on moments where a gentle recommendation is natural. Think gift wrap, add-on accessories, seasonal specials, or limited-time treats. When employees feel confident, customers feel guided. And both walk away happy. 4. Offer Gift Cards, Gift Bundles, or Quick-Grab Options The closer we get to December, the more people search for simple solutions. They’re panicked. They’re behind the eight ball (or snowball, in this case), and they just want the perfect gift that doesn’t look rushed. Gift cards are a lifesaver for anyone in a time crunch, and they’re one of the highest ROI products you can offer. If you don’t have them, this is the year to add them. Be sure to check out our online egiftcard program! You can also create: Small themed gift bundles Stocking stuffer displays Grab-and-go treats or purchase add-ons Digital gift cards for last-minute shoppers Anything that shortens decision-making for your customers will boost sales when traffic hits its peak. 5. Streamline Curbside or Online Ordering Before Things Get Busy Convenience is key during the holidays. If your online ordering, reservation system, or curbside pickup process feels a little clunky today, it will feel downright stressful on December 15. Now is the perfect time to: Run a test order Check that links work Update product descriptions Confirm your inventory tracking is accurate Make pickup instructions extremely clear Even a small digital tune-up can make the difference between a smooth holiday season and a frantic one. Bonus: Create One Holiday Highlight That Sets You Apart A lot of businesses do holiday promotions. Far fewer do something memorable. Consider spotlighting one special element this season to help you stand out. It could be a signature drink, a limited-time dish, a themed shopping night, a charity tie-in, or a mini experience customers can’t get anywhere else. Small moments of delight build loyalty. And the holidays are the perfect time to create them. Your Chamber is Here to Help You don’t have to tackle holiday readiness on your own. We’re participating in Small Business Season this year. We have a number of ways we’re supporting businesses across the community, and we want to help shine a spotlight on what you’re planning. Tell us what you’re working on, and we’ll help get the word out. Share your holiday hours, promotions, themed events, or special offerings and we’ll amplify them through our channels so more customers know exactly where to shop, dine, and celebrate. Let’s make this your smoothest and strongest holiday season yet.  Read More: Holiday Gift Card Strategies for Small Businesses Simplify Seasonal Staffing for Small Business Season
November 10, 2025
You’ve heard the old saying “You never get a second chance at a first impression.” For businesses, that isn’t just a cliché, it’s reality. Customers size up a business long before they make a purchase and often before anyone on your team even says hello. Those first 10 seconds set expectations, shape decisions, and influence how people feel about doing business with you. No matter what industry you’re in, your business is constantly sending signals about what customers can expect. The good news is that with a few intentional tweaks, you can make those signals work in your favor. Your Curb Appeal No matter what your product or service is, customers start forming an opinion the moment they approach your building. They’re asking themselves an unspoken question: Does this place look like it knows what it’s doing? Curb appeal can also speak to how professional your business comes across and how successful. People will decide whether your business is for them or not by looks alone (that goes for your website too). A few simple checks go a long way: Are your signs clean and readable from the street? Is your entry area clutter-free and welcoming? Do your posted hours match your online hours? Can customers tell which door to use or where to park? If someone has to guess how to enter or what to expect, tension rises before they step inside. A polished exterior tells customers they’re in good hands. The Digital First Impression Long before customers show up in person, many have already “visited” you online. Your website, Google Business profile, and social media pages create the first impression for a large portion of your audience. They’re looking for clarity, accuracy, and ease (even if they’re not conscious of it). A strong digital first impression includes: Updated hours and services Clear photos that reflect what customers will see in person A short, friendly description of what you do in real language that your audience uses Quick access to booking, ordering, or calling The kind of design that resonates with who your audience is (or wants to be) When your online footprint is clean, current, and helpful, customers show up confident rather than confused. The Welcome This one seems painfully obvious, but we’ve all walked into a business where the employee is on an obviously personal call or simply doesn’t recognize our existence. How did that feel? Doesn’t make you interested in buying, that’s for sure. Once a customer walks through the door, the clock starts again. Those opening seconds inside your space shape how long they’ll stay and how much they’ll trust you. No matter your industry, these moments matter. One of the fastest ways to earn trust is through a genuine welcome. A simple smile or greeting sets the tone for the visit. Customers want to feel seen and valued, not like an interruption or inconvenience. Encourage your team to greet customers in whatever way feels natural to your brand. It doesn’t need to be formal or robotic. Even a quick “Hi there, we’ll be right with you” works wonders. When customers feel acknowledged early, they’re more patient, more open to suggestions, and more comfortable asking questions. Consider: Are customers greeted promptly or at least acknowledged with eye contact (and an “I’ll be right with you,” if you’re in the middle of something)? Does the space feel organized and intentional? Can customers easily understand where to go or what to do next? Are staff members engaged or absorbed in side conversations? You don’t need to rush over and follow them around your business. You simply need to make people feel acknowledged and appreciated when they come in. The Sensory Experience First impressions aren’t just visual. Customers respond to the full environment, even when they can’t articulate why something feels “off.” Pay attention to: Lighting that feels warm rather than dim or harsh. Music that fits your brand and isn’t too loud. Temperature that’s comfortable for customers, not just employees. Clean, pleasant scents or, more importantly, no unpleasant ones but keep them subtle, too much may drive people away. Small adjustments make customers feel at ease, which makes them more likely to stay longer and return more often. Why First Impressions Shape Customer Loyalty First impressions influence today’s visit AND shape whether customers will come back, how likely they are to recommend you, and how much they trust your business. A positive experience in the first ten seconds: Lowers customer stress Builds confidence Increases perceived value Reduces complaints Boosts loyalty and spending And the best part is that improving first impressions doesn’t usually require a big budget. It requires awareness and consistency. A Simple First Impression Checklist Here’s an easy way to evaluate your business: Walk up to your location from the customer’s point of view Step inside and pause for five seconds Look around with fresh eyes Note anything that feels confusing, cluttered, or outdated Ask a friend or fellow business owner to do the same Make quick fixes where possible and plan larger improvements over time These small shifts add up quickly to create a strong competitive advantage. Read More: Are You Accidentally Repelling Perfect Clients? (Here's How to Fix It) Hospitality is the Hidden Edge: Why Emotional Connection Drives Customer Loyalty The Referral Engine: How to get People Talking About Your Business --------------------- Christina Metcalf is a ghostwriter and women’s speaker who believes in the power of story. She works with small businesses, chambers of commerce, and business professionals who want to make an impression and grow a loyal customer/member base. She is the author of The Glinda Principle , rediscovering the magic within. _______________________________________ Facebook: @tellyourstorygetemtalking Instagram: @christinametcalfauthor LinkedIn: @christinagsmith
November 3, 2025
With the holiday season approaching with the speed of a bullet train (holiday prep, year-end sales pushes, family gatherings, budget reviews, etc.), it’s no surprise many of us feel our blood pressure and tension rise, while our patience comes crashing down. While this season is one of the most exciting of the year, it brings lots of extra stress. But what if some of that stress was unavoidable? Maybe we can’t keep that troublesome relative away but we can borrow wisdom from the minimalist movement and writer Joshua Becker’s article, “The Stress We Needlessly Bring into Our Lives.” Here are four practical reframes you can share with your team and apply to your own workflow, designed specifically for business juggling multiple moving parts in busy months ahead. 1. Stop Comparing—Start Aligning It’s tempting to look at other businesses and feel like you’re falling behind. Maybe their social media looks polished, their storefront’s decorated like a movie set, or their sales numbers seem untouchable. But comparison steals focus. Your business has its own rhythm, audience, and goals. Instead of chasing what others are doing, take stock of what’s working for you. Consistency and authenticity will always outlast temporary trends. 2. Simplify Your Season Overcommitment is one of the biggest stress traps. For business owners, that often means piling on extra promotions, extending hours you can’t sustain, or saying yes to every collaboration that comes along. You might be busy and pulled in many directions but it’s unlikely you’ll feel accomplished if you overcommit yourself to trying to do it all at the same time. Imagine if you wanted to paint your entire house. If every day you woke up and painted a different area for one hour, it would be a very long time before the house would feel complete. At the end of a month, you will have put in 30 or so hours in painting but you may not even have an entire room finished. You’ll feel depleted and dissatisfied even though you spent a month working on it. This year, try doing fewer things better. Focus your efforts on what brings in customers or builds lasting relationships. Simplifying isn’t a step back; it’s a strategy for quality and control and doing more of what works, not more of a little bit of everything. 3. Build Breathing Room Into Your Calendar Every business has busy seasons, but nonstop hustle doesn’t equal progress. Schedule short breaks or “quiet hours” each week to regroup, brainstorm, or catch up. You’ll make better decisions when you’re not rushing from one task to the next. Encourage your employees to do the same. A calm, focused team provides better service and represents your business more positively, especially during the holidays, when stress levels tend to spill over. 4. Reevaluate Expectations The pressure to please customers, employees, and family can quickly become overwhelming. But not every long-standing tradition or offer is worth the toll it takes. If a particular sale or event no longer delivers value, it’s okay to let it go or reinvent it. Communicate changes early and clearly, and most customers will understand. When expectations are realistic, everyone wins. 5. Redefine Success for the Season This time of year, we tend to measure success by numbers—sales totals, event attendance, new clients. But remember, success also looks like closing the year without burnout, keeping your team motivated, or maintaining great customer experiences through the chaos. As Becker notes, “We can’t control everything. We can only control our choices.” Choose the ones that keep you steady, clear-minded, and ready for what’s next. Running a business is demanding, and the holidays only amplify that reality. As your Chamber, we encourage you to slow down where you can, focus on what truly matters, and give yourself credit for how far you’ve come. You’ve built something worth protecting—your time, your team, and your wellbeing included. As we move into the holiday season, we’re here to support your continued success, one thoughtful choice at a time. Let us know how we can help.  Read More: Meeting Customer Needs: Inexpensive Sensory-Friendly Ideas for the Holiday Season Simplify Seasonal Staffing for Small Business Season Turning Gift Returns and Exchanges into Business Opportunities