Growth Accounting involves measuring the growth of a company in a systematic way, taking into account various metrics beyond just revenue or customer count. Growth Accounting provides a more nuanced view of a company’s growth trajectory.
Growth Accounting Tips:
- Include a variety of metrics in your growth accounting, such as customer lifetime value, churn rate, and acquisition costs.
- Regularly review and analyze these metrics for a comprehensive understanding of growth.
- Use insights from growth accounting to inform strategic decisions.