KPIs: The Dashboard Metrics to a Healthy Music Store

Trains, planes and automobiles all have dashboards filled with gauges, lights and warning indicators to make sure things are running smoothly. Have you ever wondered what a dashboard for your music retailing business might look like? In this session from The 2024 NAMM Show, financial experts Alan Friedman and Daniel Jobe of Friedman, Kannenberg & Co. share insight on how to build a customized dashboard for your business. They focus on the most meaningful financial KPIs (key performance indicators) to measure the health and success of your business. Given the scarcity of accurate KPIs in the music industry, this is a great opportunity to discover the metrics you’ll want to be monitoring on your dashboard.