Small businesses generally have very limited resources and offer a limited scope of products and services. By implementing a business intelligence tool, data about your pipeline, your revenue, and your margins can be analyzed in the same way across all departments, which means that everyone can be more focused on your main business objectives. small business dashboards focus on two things: revenue and expenses. Tracking overall profit is a lot like the speedometer of your car; it gives you a general idea of the direction you’re moving and how fast you’re getting there. Simply tracking this metric isn’t enough, though. You’ll need to bolster it with other analytical data so you can make fast, informed decisions about your business needs.
A performance dashboard is a practical tool to improve management effectiveness and efficiency, not just a pretty retrospective picture in an annual report and You can achieve simplicity in the design of effective charts, graphs and tables by remembering three fundamental principles: restrain, reduce, emphasize.