Finance tips

  • What are the Different Types of Income?

    Most people think of income as a pay cheque, but money can come from many different places. Understanding the different types of income is the first step toward smarter financial planning.

  • Forecasting Cash Flow with an Irregular Income

    Uncertainty is the biggest problem when it comes to a fluctuating income. You know that money is on the way, but not necessarily when or how much. This makes it harder to commit to expenses, to grow, and even to pay yourself.

  • How Often Should You Update Your Financial Forecast?

    Most business owners understand just how important financial forecasting is. Even so, many approach it as a somewhat static exercise. Build a forecast, review it, approve it, and then ignore it until the next financial period! Just how often should you update a financial forecast – and, what does good practice look like?

  • Modernising Financial Forecasting for Buy-to-Lets

    Owning a buy-to-let property requires due consideration. While there’s the appeal of steady rental income, there are also many points of expenditure to bear in mind. As always, the difference between a positive investment and a financial headache comes down to preparation.

    Charming women walking on a brick street in front of colourful houses in Brixx, enjoying a casual da.

  • 10 KPIs Every Small Business Should Track (and How to Model Them in Brixx)

    KPIs help you to measure progress, efficiency, and financial health. By tracking the right KPIs, you gain a clear view of what’s really driving your business, and where to focus your energy next. In this guide, we’ll explore the 10 most valuable KPIs every small business should track, and show you how to model each one easily in Brixx, so you can plan smarter and make confident business decisions.

  • The Risks and Rewards of Entrepreneurship: What You Need to Know

    Today we take a look at the risks and rewards of starting a business. Starting your own business can be very rewarding. There are also a number of risks involved in becoming an entrepreneur.  This blog post covers all the problems and joys you might expect to encounter when starting your own business and being your own boss.

  • What is a cash budget? A comprehensive guide

    A cash budget is a detailed plan that outlines a company’s projected cash inflows and outflows over a specific period. This financial tool is used to assess whether a business has sufficient cash to operate or whether it needs additional funding.

  • What are Rolling Budgets in Finance?

    A rolling budget is a financial planning approach where the budget or forecast is regularly updated by adding a new budget period as the current one expires. It is often referred to as a continuous budget or a rolling forecast.

  • What is Deferred Revenue in Finance?

    Deferred revenue is a critical aspect of financial management. However, it often poses significant challenges in accurate forecasting and tracking. For businesses that offer SaaS products or subscription based services, understanding and effectively managing deferred revenue becomes incredibly important for sustainable growth and financial stability.