Financial KPIs help you see the true financial state of your business.

Track both gross profit (before expenses) and net profit (after expenses). A T-shirt printing business in Pretoria might find that bulk orders increase gross profit but reduce net profit if delivery costs are high.

The cost to make or buy what you sell — important for a baker who needs to price cakes accurately

Monitor how much money is coming in and going out. Knowing your income and expenses is key to understanding where money is being spent and if it’s effective. A plumber in Port Elizabeth can’t rely on invoices alone — they need to track when clients actually pay. In addition, financial records, including income and expenses, must be kept for tax compliance and decision-making

If you spend R1,000 on Facebook ads and make R3,000 in sales, that’s a 3:1 ROI. Great! But if you only make R900? Not so great. This helps determine which expenditures are worthwhile.

How much it costs to complete a single order, including fuel, staff time, and packaging.

This tells you if you made or lost money over a period.

A snapshot of what your business owns (assets), owes (liabilities), and is worth.