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.
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?
Using Brixx can help you to understand the impact of your funding decisions. Compare scenarios side-by-side get to grips with your planning.
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.
Planning revenue should feel like you’re creating a positive route for success. However, oftentimes, businesses will end up with a plan that’s more of a hopeful guess than a line of clear direction.
In today’s world, uncertainty seems to be the only constant. From consistent inflation, to global events that ripple through supply chains and consumer behaviour – navigating the future has never been more complex!
Financial forecasting is critical for all businesses. However, the accuracy of these forecasts is a topic of ongoing debate. This article delves into the challenges surrounding financial forecasting, explores the factors influencing its accuracy, and discusses how to best and most accurately create accurate forecasts.
In this blog post, we will compare two popular business planning software options: Brixx and LivePlan. By examining their features, usability, and pricing, we aim to provide you with a comprehensive comparison to help you make an informed decision.
Here at Brixx, we enjoy a bit of healthy competition and have done some of the heavy lifting for you by researching the leading forecasting software and planning tools available and comparing them to what we have to offer. We compare Brixx vs Float as cash flow forecasting and scenario planning tools
