SummaryIn this episode, Sean talks about how to measure the early stage economics and financial performance of your B2B SaaS. He explains the importance of tracking revenue, expenses, and gross margin as a percentage of revenue. By doing so, you can identify where you need to make changes to improve profitability.Key PointsTrack revenue, expenses, and gross margin as a percentage of revenueUse a spreadsheet to measure financial performanceCalculate cost of goods sold to determine gross marginAim for a gross margin percentage of 80% or higherIdentify which levers you need to move to improve financial performanceIncorporate all expenses into your calculationsFocus on gross margin as the most important element to start withQuotes"Take your revenue, subtract your cost of goods sold, take that out of revenue that'll give you the gross margin number"Free ResourcesHow to Build a Profitable AI-Powered B2B SaaS Business for Less Than $750Generated by Podcast Show Notes at podcastshownotes.ai Free Email CourseHow to Build a Profitable AI-Powered B2B SaaS Business for Less Than $750 - https://nxtstep.io/b2bsaasConnect with SeanSubscribe to my YouTube Channel - https://www.youtube.com/@nxtstepseanConnect with me on LinkedIn - https://www.linkedin.com/in/sean-boyce/Notes generated by Podcast Show Notes (podcastshownotes.ai)

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