Data & AI

KPIs every small business should track

The key performance indicators that show the health of your business, and how to keep them simple.

EvoAstra team14 Nov 2026 · 3 min read
Key takeaways
  • Track a handful of numbers that drive decisions
  • Mix leading indicators with results
  • Review them on a fixed rhythm

Key performance indicators are the few numbers that tell you whether your business is healthy and heading in the right direction. The trick is choosing a handful, not dozens.

A simple KPI boardAnimated
New enquiries▲
Conversion rate▲
Average order value▲
Cash in bank▲

Sales and marketing

  • Enquiries or leads per week, by source
  • Conversion rate from enquiry to customer
  • Cost per lead or per customer for paid channels

Customers

  • Average order value
  • Repeat purchase rate or retention
  • Reviews and complaints
Leading vs lagging indicatorsAnimated
Leading
  • Enquiries
  • Proposals sent
  • Website visits
vs
Lagging
  • Revenue
  • Profit
  • Customers won

Operations and finance

On-time delivery, stock levels, outstanding invoices, gross margin and cash in the bank show whether growth is sustainable.

Keep a rhythm

Look at sales and enquiries weekly, finances monthly and strategic numbers quarterly. Put them in one dashboard so everyone sees the same picture.

Choosing KPIsAnimated
  • Linked to a decision
  • Easy to measure
  • Owner assigned
  • Reviewed on schedule
  • Shared with team
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