Unlock Success: The Top 8 Business Metrics Every MSP Needs to Manage
Effective business management is crucial for MSPs aiming for success. This guide highlights 8 key metrics to track for growth and profitability:
- Team Utilization Rate: Measure billable work percentage to spot inefficiencies
- First-Touch Resolution: Track support tickets resolved on the first attempt
- Single Tech on Ticket: Monitor technicians needed per issue
- Kill Rate Percentage: Assess efficiency in closing open tickets
The guide also discusses Agreement Profitability Margins, Effective Rates, and Contribution Rates—vital for understanding client value and profitability. It explores the benefits of benchmarking these metrics against industry standards. Learn how data-driven decisions transform MSPs.