Key KPM figures - Before Tax Profit as a Percentage of Sales
Key performance metrics (KPMs), used to evaluate the success of a business, differ for businesses based on various factors. These factors can include the size of business and geographic location.
One KPM that should be on every business’s must-have list is the metric for before tax profit as a percentage of sales. Before Tax Profit is a measure of profitability as it allows for a company to view profits before they have to pay corporate income taxes.