ROI
Return on investment (ROI) refers to all the benefits — monetary or otherwise — received from an investment. https://getsling.com/blog/business-terms/
ROI stands for “Return on Investment,” which is a metric used to evaluate the profitability of an investment. It measures the amount of return earned relative to the amount of money invested, expressed as a percentage. In other words, ROI is a way to determine how much money an investment has made or lost compared to its initial cost.
An entrepreneur hired a business coach to improve their company’s profitability. After several months of coaching sessions, the entrepreneur implemented new marketing strategies, streamlined operations, and improved customer service. As a result, the company’s revenue increased by 20%, and their ROI on the coaching investment was 300%. The entrepreneur was thrilled with the results and plans to continue working with the business coach to further improve the company’s profitability.
ROI DEFINITION:
ROI QUOTE:
1."ROI: the only acronym that can make shareholders happy or miserable - depending on how much you're giving back." 2."ROI? More like 'Relying On Imagination', because who really knows how much money we're making?"