How to Calculate Productivity in Business: Tools, Formulas & Strategies
Quick Summary How do you track your business growth? Every business owner, manager, or entrepreneur must face this question at some point. Growth is not only bound to increase revenue but also ensure that all of your resources and processes are engaged in the right way. But how would you go about measuring that efficiency? That's where the productivity formula comes in. On a basic level, it is the output vs. input ratio.