If you are running your business decided accordingly business model, then it is necessary to keep track record of your business’s success to grow it in better way. By keeping success and failure track record of your business help you to create new business strategies among with motivation. You may get inspiration for developing brand new idea rather than your current business that probably chain up its success story. But now, how it is possible to measure a business success? What kind of parameters it includes? Complex questions! But, you will find your answers below :

1. HOW TO CALCULATE
BUSINESS SUCCESS?

2. If you are running your business decided
accordingly business model, then it is
necessary to keep track record of your
business’s success to grow it in better way.
By keeping success and failure track record
of your business help you to create new
business strategies among with motivation.
You may get inspiration for developing
brand new idea rather than your current
business that probably chain up its success
story. But now, how it is possible to measure
a business success? What kind of parameters
it includes? Complex questions! But, you will
find your answers below :
Also Read: The Science Behind Managing
Business Capital Effectively
Profitability & Gross Profit Margin
Profitability and gross profit margin
depends on your efforts that you put into
your quality of services.

3. It is the amount of remaining asset after
your total investment by considering whole
business requirements. Profitability and
gross profit margin is the mirror of your
business success that can be measure by
following formula :
“Gross Profit Margin (%) = Revenue-Cost Of
Goods Sold/Revenue”
Where, revenue is the sales of turnover or
income of general business activity.
Return On Asset
It can be calculated by dividing net income
by average total assets. It is the product of
the profit margin. Formula is given by :
“Return On Asset = Net Income/Total Asset”
It also stand as return on investment and it
tells you what earnings has been generated
by invested capital.

4. Your Satisfaction
Your satisfaction is depends on your
expectations from your generated business
growth. So to calculate it you must have to
make ready sheet of your expected
requirements and total expected revenue
from your business on days, monthly and
yearly basis. Make a great flow chart of it
and mention clear values and keep the track
record according to these figures, so that
you can examine your turnover as well as
satisfaction level.
Return On Equity
Return on equity is a ratio that provides
investors with insight into how efficiently a
company is managing the equity that
shareholders have contributed to the
company. We can measure it by following
fomulae to fix up the business success :
“ROE = Net Income/Shareholders Equity”
Or
“ROE = Dividend Growth Rate/Earning
Retention Rate”

5. Social Media Success
Remember do not ever take it blindly about
social media marketing success, psychology
is that, most of the people spend their time
online and in this internet era no one on
earth does not knowing about internet and
especially social medias. People are more
inclined towards social media and market
rather TV sets and other communication
channels. So take advantage of it to make
sure about your business success. Invest to
build best social media team for your
business success among the measuring part
and generating leads.
Conclusion
Your business growth depends on how you
keep up a track with your business success,
it help you to get over of various conflicts
and long last your focus directed towards
successful business. Hope this article has
helped you!

6. Thank You. For More, Reach Us.
+91 97622 53305 info@mavrickhost.com
www.mavrickhost.com
5th Floor Kadam Mansion, Mahatma Nagar,
Nashik, Maharashtra 422007.