One of the hot words in today’s business vernacular is “ecosystem”. Ecosystem by definition is “the complex of a community of organisms and its environment functioning as an ecological unit” (Merriam Webster). When you think of your business as one organism operating in a much larger environment, new opportunities for growth appear.
As a partner in a small firm or as a solo practitioner you have to wear many hats. In addition to your own cases, managing finances and acting as HR, you also have to market your firm.
Organizations are collecting every bit of data they can to help inform their decisions, particularly when it comes to marketing. As a small business it can be tough to dedicate time and money to gathering and analyzing data, but data is too important to the decision making process to ignore. Below are several pieces of data that you should be tracking when marketing your firm.