Financial Forecasting Resources

Financial forecasting resources for your business
what is total revenue
10 January 2025
3 min read

Total Revenue: A Clear Guide for Businesses

For businesses, total revenue is indispensable. It’s not just a number; it’s a reflection of your business’s financial health and market positioning. By understanding total revenue, you can evaluate whether your sales strategies are working, adjust pricing models, and identify opportunities for growth. Learn more with Brixx.

What is EBIT Growth and Why is it Important for Businesses
6 min read
30 January 2025

What is EBIT Growth and why is it Important for Businesses?

When looking to assess your business’ financial performance, one of the most important metrics to keep in mind is EBIT...

The Difference Between Fixed Assets and Current Assets
7 min read
22 January 2025

The Difference Between Fixed Assets and Current Assets

If you’re new to the balance sheet, understanding each of its components can seem like an overwhelming and complicated ordeal....

excel icon
FOR EXCEL AND GOOGLE SHEETS

Free Profit & Loss Template With Examples For Spreadsheets

A 12-month FREE Profit and Loss Template to help you measure the efficiency of your business, a key indicator for...

google docs with woman image
BUSINESS PLAN WRITING, STARTUPS

Free Business Plan Template

Every new business needs a a business plan. Our FREE business plan template helps guide you to better explain why...

a startups guide
BUSINESS PLAN WRITING

A Startup’s Guide To A Winning Pitch Deck

With this FREE Pitch Deck Guide you will learn how to impress potential investors, understand what they’re looking for and...

microsoft excel example logo
FOR EXCEL AND GOOGLE SHEETS

Free Cash Flow Forecast Template

Our FREE Cash Flow Forecast Template for Excel and Google Sheets to help ease the workload of setting up your...

what is liquidity in business
8 min read
8 January 2025

Liquidity in Business: Definition and Examples

Liquidity in business refers to emergency funds and assets that you can access immediately or with short notice. Here we...

Image of business presentation for the free investor pitch deck tempalate for google slides and powerpoint from Brixx
4 min read
8 January 2025

Free Investment Pitch Deck Template

We've created an effective pitch deck template for Google Slides and PowerPoint for you to download free of charge. Download...

What is a 13 Week Cash Flow Forecast in Accounting
10 min read
8 January 2025

What is a 13 Week Cash Flow Forecast in Accounting?

The 13 week cash flow forecast is a tool for improving cash management in your business. Dedicating just a small...

Healthcare financial modelling How to manage costs and revenue streams
5 min read
16 January 2025

Healthcare financial modelling: How to manage costs and revenue streams

There are dozens of reasons that a healthcare provider would want to plan their finances - as would any business....

How to Start a Food Van Business in the UK blog image of a blue empty food truck
14 min read
3 December 2024

How to Start a Food Van Business in the UK

As the country is locked down again, many businesses are forced to close. But there's one kind of business that...

ChatGPT in Accounting
7 min read
4 December 2024

How ChatGPT is Transforming Accounting: 8 Ways to Benefit in 2024

Adopting ChatGPT technology in accounting can simplify complex tasks, streamline processes, and enhance overall efficiency. With its ability to understand...

How to Start a Photography Business
8 min read
3 December 2024

How to Start a Photography Business

Like all businesses, starting a photography business isn’t as simple as registering and getting hired as a freelancer in photojournalism....

Financial model and financial plan what’s the difference
4 min read
5 December 2024

Financial model and financial plan: what’s the difference?

The terms "financial model" and "financial plan" are frequently used interchangeably, which can lead to confusion. However, understanding their differing...

What is the FAST Standard in Finance
3 min read
14 November 2024

What is the FAST Standard in Finance?

If you're reviewing the intricacies of financial reporting or wish to streamline your business’ financial statements, this blog post is...

understanding doubtful debt
9 min read
13 November 2024

Doubtful Debt Guide: Steps for Managing Uncollectable Accounts

Uncertainty surrounds the financial world, and the accounting world is no exception. Navigating doubtful debt is a challenging task, but...

Turning Data into Actionable Insights Create Meaning with Data
7 min read
8 November 2024

Turning data into actionable insights: Create meaning with data

Data is an invaluable resource that businesses cannot afford to ignore. However, how do you get actionable insights from such...

How to start an e-commerce business
8 min read
4 December 2024

How to start an e-commerce business

This guide is a comprehensive look at starting an e-commerce business. It covers all the steps you need to take...

what are total costs in accounting
4 min read
4 December 2024

What is Total Cost: A Definitive Guide

Total costs refer to the overall business costs and expenses incurred when creating goods or services. Everything that your business...

what is the profit and loss report
9 min read
16 October 2024

What is the Profit and Loss Forecast Report?

Why is this sandwich being measured? Read on to find out. This week we take a look at the profit...

what is a balance sheet and why balance
4 min read
11 October 2024

What is a Balance Sheet and Why Does it Need to Balance?

For a lot of people, the balance sheet is one of the hardest financial statements to get to grips with. Even...

What is Property Management Accounting
5 min read
4 October 2024

What is Property Management Accounting?

Property management accounting is simply the financial process involved in managing rental properties. Without it, it can be difficult to...

How to Start a Dog Walking Business
13 min read
10 September 2024

How to Start a Dog Walking Business in the UK

One of the most popular businesses to start in the UK is a dog walking business. It's no surprise really,...

what is goodwill in accounting
11 min read
27 August 2024

What is Goodwill in Accounting?

If you're new to accounting, goodwill isn't what you expect it to be. Goodwill can often be the cause of...

what are direct costs
6 min read
21 August 2024

What are Direct Costs in Finance?

In the landscape of financial management, direct costs stand out as one of the key players. However, if you are...

What is the quick ratio
6 min read
16 August 2024

Why the Quick Ratio is Essential in Finance

The quick ratio or acid test is a great KPI to understand your ability to cover short term debts -...

4 Tips For Improved SaaS Cash Flow Forecasting Blog Post Header Image Of Magnifying Glass Over Cash Flow Words
5 min read
16 August 2024

8 Tips For Improved SaaS Cash Flow Forecasting

Any company, SaaS or not, needs to keep track of the cash they have on deck in order to stay...

Forecasting vs Budgeting Which is best for you
7 min read
15 August 2024

Forecasting vs Budgeting: Which is best for you?

This week, we're looking at budgets and forecasts. Have you ever wondered what the difference is between a budget and...

Year Over Year (YOY) in Finance: What Does it Mean and How is it Used?
7 min read
8 August 2024

Year Over Year (YOY) in Finance: What Does it Mean and How is it Used?

Year-over-year (YOY) is a financial term used to compare data for a specific period of time with the corresponding period...

present value table
4 min read
8 August 2024

What is Present Value Table in Accounting and Finance?

A Present Value Table is a pre-calculated table used in finance that displays the present value factor for different combinations...

cash budget guide
7 min read
7 August 2024

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....

entrepreneur risks and rewards
4 min read
6 August 2024

What Risks and Rewards Does an Entrepreneur Face?

Today we take a look at the risks and rewards of starting a business. Starting your own business can be...

Normal-balance-of-accounts
6 min read
5 August 2024

What is a Normal Balance in Accounting?

In accounting, 'Normal Balance' doesn't refer to a state of equilibrium or a mid-point between extremes. Instead, it signifies whether...

The Importance of Revision History in Financial Forecasting
7 min read
21 June 2024

The Importance of Revision History in Financial Forecasting

Revision history, a feature often seen in document editing and software development, is vital in financial forecasting tools. In this...

Can Spreadsheets Still Help with FP&A
5 min read
17 May 2024

Can Spreadsheets Still Help with FP&A?

The spreadsheet still remains a staple across many finance departments. This raises an important question: Can they still help with...

tape measures showing centimetres
9 min read
8 May 2024

Variance Analysis in Budgeting & Accounting

By conducting variance analysis, businesses can identify areas of improvement, determine the causes of any deviations from the plan, and...

what is a gearing ratio
7 min read
30 January 2025

Gearing Ratios Explained – How to Use Leverage Analysis

In the final part of the KPI and Ratio series we're looking at gearing ratios, which reveal the inherent risks...

Profitability Ratios and KPIs you need to know
8 min read
30 January 2025

What are the Key Profitability Ratios for Businesses?

Profitability metrics are a group of key performance indicators that analysts use to measure businesses. This week we explain profitability...

what is an asset
6 min read
2 May 2024

What are Assets in Accounting?

Learn more about assets and their place in the financial planning landscape. There are many classifications of asset, which we'll...

The Advantages of Working with Excel Templates and Spreadsheets
4 min read
1 May 2024

The Advantages of Working with Excel Templates and Spreadsheets

Even before Microsoft Excel revolutionised the spreadsheet game, businesses have been using spreadsheet-based formats to assist with their success.

what is burn rate? definition, formula, and calculation explained
6 min read
27 November 2024

How to Calculate Burn Rate

Startups need watch their burn rate. This article is for you if you haven't heard the term "burn rate" associated...

How to Start Your Business Planning Cycle with Brixx
4 min read
28 April 2024

How to Start Your Business Planning Cycle

Having a business planning cycle helps your vision to keep on track, but what exactly is the process? Read more...

A Guide to Profit and Loss (P&L)
4 min read
10 January 2025

A Guide to the Profit and Loss Statement (P&L)

The Profit and Loss Statement is probably THE most confusing of the big three financial reports. But why is it...

SWOT Analysis For Startups
6 min read
16 April 2024

SWOT Analysis For Startups

A SWOT analysis can help you see your startup from different perspectives and angles that you may not have before.

Management Reporting Best Practices & Examples – Brixx
7 min read
4 December 2024

What is Management Reporting?

Management reporting is a type of report given to management-level employees within a business. A management report typically involves employees...

Starting Your Business Plan Online for Free blog header image by Brixx software
3 min read
2 April 2024

How to Start Your Business Plan Online for Free

Writing a business plan doesn't have to cost a penny. Here's a guide to help you get a professional looking...

What's the Difference Between Forecast vs Actuals
6 min read
2 April 2024

What’s the Difference Between Forecast vs Actuals

Comparing forecasts to actuals is a way to assess the accuracy and reliability of the predictions. It allows for an...

Quick Start Guide For Setting Up Your Own Business
20 min read
27 November 2024

A quick guide to setting up and running your business

Start-ups can happen very quickly. Or at least, that’s how they look from the outside. This guide goes through the...

Balance Sheet Template for excel and google sheets.
3 min read
22 March 2024

Free Balance Sheet Template

Get a free balance sheet template on us! Using a simple, easy to understand structure with automatic formulas, charts and...

Direct Method in Cash Flow
3 min read
18 March 2024

Direct Method in Cash Flow

Today I'll explain how the direct and indirect statements of cash flows differ, with examples of each. I'll also discuss...

The Difference Between Credit and Debit in Accounting
2 min read
14 March 2024

The Difference Between Credit and Debit in Accounting

Welcome to part 1 of 3 in this “Accounting Crunch” series. In this series, we’ll be covering debits & credits,...

what is intrapreneurship
5 min read
10 March 2024

The Importance of Intrapreneurship

Getting ahead in accounting and finance is tough these days. Improve your prospects through intrapreneurship by providing dashboards with actionable...

The Importance Of Forecasting In Business
8 min read
7 March 2024

The Importance Of Forecasting In Business: What You Need To Know

In this post, we'll briefly cover the types of commonly found business forecasts and why forecasting is so crucial for...

How to easily forecast your startup's cash flow
11 min read
27 November 2024

How to easily forecast your startup’s cash flow

The cash flow statement is one of the more common reports used by accountants. It is a measure of all...

10 Pitch Deck Mistakes to Avoid
4 min read
20 February 2024

10 Pitch Deck Mistakes to Avoid

Securing funding for your business can often be the difference between success and failure. When it comes to securing that...

what-is-a-rolling-budget-hero
7 min read
15 February 2024

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...

what is deferred revenue in finance
4 min read
10 January 2025

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....

business plan components
6 min read
30 January 2024

What are the Top 10 Business Plan Components?

Acknowledging that your business needs a precise, adaptable business plan can be the first step to growth. Business plans can...

Actuals Chart Comparison
6 min read
25 January 2024

What are Actuals in Finance?

Within the realm of finance, there are hundreds of different types of formulas, concepts, and reports that you may not...

How to Build a Financial Model Steps, Tips, and Tricks
8 min read
23 January 2024

How to Build a Financial Model: Steps, Tips, and Tricks

Creating a robust financial model is a critical skill for businesses. Whether you're a seasoned financial analyst or a new...

How to Forecast a Balance Sheet Report
6 min read
15 January 2025

What is a Balance Sheet Forecast Report?

Balance Sheet forecasting is often undervalued when running a business. This week, I go into detail about the Brixx Balance...

How to Set up an Established Business in Brixx
3 min read
28 November 2024

Learn how you can set up an established business in Brixx

Do you have an established business? If you do, it's important to have a financial plan. The good news is...

Reducing-the-SME-administrative-burden
3 min read
16 January 2024

Reducing The SME Administrative Burden

The burden of excessive bureaucracy is one of the leading causes of lost productivity for businesses. Admin, record keeping and...

Best Xero Add-Ons - UK Edition
5 min read
27 November 2024

Best Xero Add-Ons – UK Edition

Xero is a fantastic small business accounting system. Check out our roundup of the best add-ons for UK based small...

importance of a 3 way forecast
6 min read
10 January 2024

The Importance of a 3-Way Forecast for your Business

Effective financial planning is absolutely essential for a business’ sustained success. One such tool that can help to empower your...

how accurate are financial forecasts
5 min read
10 January 2024

Are Financial Forecasts Accurate?

Financial forecasting is critical for all businesses. However, the accuracy of these forecasts is a topic of ongoing debate. This...

calculate startup costs featured image
6 min read
27 November 2024

How to Calculate Startup Costs with Examples

Estimating your start up costs can be daunting. Let us help you identify what you need to research when putting...

business plan vs business model featured image
8 min read
28 December 2023

Business plan vs. business model

Understanding the difference between a business model and a business plan is crucial for entrepreneurs and business managers. While these...

cash conversion cycle featured
4 min read
19 December 2023

What is the cash conversion cycle (CCC)?

The Cash Conversion Cycle (CCC) is a crucial financial metric used to evaluate the efficiency with which a business manages...

TAM, SAM, and SOM
5 min read
7 December 2023

Understanding TAM, SAM, and SOM: A Comprehensive Overview

TAM, SAM, and SOM are acronyms used in business and marketing to define different aspects of market size and potential....

intangible assets
4 min read
5 December 2023

What are intangible assets?

Intangible assets are critical to understanding the true value of a company. Unlike physical assets, which are easily quantifiable, intangible...

How To Find Potential Investors To Pitch To
7 min read
6 February 2025

How To Find Potential Investors To Pitch To

The right investors can provide not only financial backing but also mentorship, industry connections, and valuable business insights. This guide...

CapEx featured
5 min read
28 November 2023

What is capital expenditure? (CapEx)

Capital Expenditure, or CapEx, is a critical financial concept in business, particularly relevant in strategic planning and accounting. It refers...

Vertical Analysis
5 min read
10 January 2025

What is vertical analysis?

Vertical analysis is a method of financial statement analysis in which each line item is listed as a percentage of...

tangible assets
3 min read
21 November 2023

What is a tangible asset?

A tangible asset is any physical object or property owned by an individual or business that has economic value. These...

price earning ratio comprehensive guide
4 min read
14 November 2023

Price to earnings ratio: A comprehensive guide

The Price-to-Earnings (P/E) Ratio is a key financial metric used by investors and analysts to determine the relative value of...

month-end close process
7 min read
8 November 2023

What is the month-end close process? A complete guide of month-end

In this comprehensive guide, we'll delve into the intricacies of the month-end close process. From understanding its importance to identifying...

price elasticity of demand explained
4 min read
15 November 2024

What is price elasticity of demand?

Understanding the concept of price elasticity is vital for businesses. This guide will help you grasp what price elasticity of...

How to Calculate Net Income – with Formula and Examples
6 min read
10 January 2025

How to Calculate Net Income – with Formula and Examples

Managing your business’ finances requires a firm grasp of financial concepts. One of these to be aware of is ‘net...

What is Cash Collection in Accounting and Why is it so Important for Businesses
8 min read
2 November 2023

What is Cash Collection in Accounting and Why is it so Important for Businesses?

Cash collection in accounting is a crucial process that involves the retrieval of funds from various sources, typically including customers,...

what is year to date
5 min read
27 October 2023

Understanding year-to-date (YTD): What it is and how to calculate it

Year to Date, commonly known as YTD, is a term that refers to the period starting from the first day...

Image of two people going over financial data for the How To Present Your Business Plan’s Financial Projections blog post header image
5 min read
26 October 2023

How to create financial projections for your business

When looking at presenting your Business Plan’s financial projections there are many options. Read this post to help you decide...

comprehensive guide Excel vs specialized accounting tools
7 min read
20 October 2023

Excel vs specialized accounting tools: a comprehensive guide

Choosing the right tool for managing your business finances is a critical decision that could significantly impact the efficiency and...

how to raise capital
11 min read
28 November 2024

How to raise capital for your business

Starting your own business venture can be very exciting, but it often requires a critical ingredient for success: capital. Whether...

What is Data Visualization and Why is it Important
9 min read
13 October 2023

What is data visualization and why is it important?

In a world where data is at the forefront of all businesses, the ability to understand and communicate data effectively...

how to value a business
5 min read
10 January 2025

How to value a business: a comprehensive guide

Understanding the worth of your business is not just a matter of numbers. It's about comprehending the myriad factors that...

Cash Flow, Balance Sheet and Profit & Loss - The Key Financial Reports blog header image by Brixx Software
4 min read
5 October 2023

The Ultimate Guide to the Three Financial Statements

Financial statements are the backbone of any business, providing a snapshot of its financial health. The three primary financial statements...

what is financial health and how do you measure it
5 min read
3 October 2023

Understand financial health and how to improve it

Welcome to our comprehensive guide on understanding more about your financial health and how to assess your progress. Whether you're...

Return on Assets definition, formula, examples
7 min read
29 September 2023

How to Calculate Return on Assets (ROA) with Examples

Return on assets (ROA) is a financial ratio that calculates the profitability of a business in relation to its total...

understanding free cash flow
7 min read
28 September 2023

Understanding Free Cash Flow: What is it and How To Calculate

Free cash flow (FCF) is a financial metric that quantifies the amount of cash a business generates after accounting for...

Graphic of people competing, one with clear advantage
5 min read
27 September 2023

The Top 4 Advantages of Financial Forecasting

Financial forecasts are key to helping your business make the unknown a little more known! Let's take a look at...

Section 179 What is a 179 Deduction in Finance
7 min read
22 September 2023

Section 179: What is a 179 Deduction in Finance?

One of the most valuable tools in a business owner's arsenal is the Section 179 Deduction. If you're a business...

What is Revenue Bridge Analysis
8 min read
19 September 2023

What is Revenue Bridge Analysis?

In this article, we'll explore what exactly revenue bridge is, and why it holds a pivotal role in financial analysis....

financial-forecasting-misunderstandings
4 min read
15 September 2023

6 Ways Financial Forecasting Isn’t What You Think It Is

Financial forecasting is a discipline shrouded in mysticism. How do people make predictions and why do people use it if...

bank reconciliation featured image
6 min read
15 November 2024

What is Bank Reconciliation?

Navigating the financial landscape of a business involves various important practices, and one of the most crucial among them is...

Cash-Flow-Forecasting-for-SAAS
8 min read
13 September 2023

Cash Flow Forecasting for SAAS

Cash flow or financial planning has an immediate impact on the efficiency of your business's operation. Read about cash flow...

inventory turnover ratio explained
6 min read
12 September 2023

What is Inventory Turnover Ratio?

Navigating the complexities of modern business requires a keen understanding of various financial metrics. One such vital tool is the...

what is financial planning and analysis
5 min read
7 September 2023

What is Financial Planning & Analysis (FP&A)?

In this blog, we will focus on Financial Planning & Analysis (FP&A), a critical element in business management that intersects...

the rule of 72
9 min read
6 September 2023

What is the Rule of 72 in Finance?

The Rule of 72 is a fundamental financial concept that provides a quick and easy way to estimate the time...

competitor analysis
5 min read
5 September 2023

What is Competitor Analysis? How to Conduct Competitive Research

Ever wondered what the best ways to find competitors for your upcoming business? How do you analyse them? Don't worry...

static budget featured image
5 min read
8 November 2024

What is a Static Budget in Finance?

Understanding how to budget effectively is crucial for any business. In this comprehensive guide, we'll focus on static budgets—one of...

What is GST in Accounting
7 min read
1 September 2023

What is GST in Accounting? (Goods and Services Tax Explained)

Goods and services tax (GST), is a value-added tax (VAT) on the supply of goods and services. Registered businesses include...

customer attrition churn
6 min read
31 August 2023

What is Customer Attrition (Churn) in SaaS: Complete Understanding and Strategies

In the fast-paced world of business, keeping loyal customers can often be as challenging as attracting new ones. Understanding customer...

What is a Pricing Strategy
8 min read
30 August 2023

What is a Pricing Strategy? How to Identify a Strategy for Your Business

So far this week we’ve looked at how to choose the right business model for your startup. Now, we’ll be...

How Long Should a Financial Forecast Be Brixx
9 min read
25 August 2023

How Long Should a Financial Forecast Be?

In this article in our series on the basics of Financial Forecasting, we take a look at how long your...

saas magic number featured
6 min read
24 August 2023

Guide to Calculating the SaaS Magic Number

In the dynamic realm of SaaS businesses, financial forecasting isn't just beneficial—it's vital. Among these numerous metrics and KPIs. the...

seasonal business cashflow tips
9 min read
23 August 2023

Actions to Help Fix Off-season Cash Flow Woes in Business

If you’re a seasonal business owner you’re probably all too familiar with the feeling of uncertainty, especially during the dreaded...

cash runway featured image
5 min read
28 November 2024

The Ultimate Guide to Cash Runway: Why It Matters and How to Master It

One of the most significant metrics that entrepreneurs, investors, and stakeholders pay attention to is the cash runway. This critical...

ecommerce cashflow forecasting
10 min read
18 August 2023

How to Create a Cash Flow Forecast for an Ecommerce Business

In this in-depth e-commerce guide we go into the steps and factors that contribute towards a cash flow forecast you...

what is flexible budgeting
6 min read
17 August 2023

What is a Flexible Budget in Accounting?

This blog aims to inform you on the concept of a flexible budget, shedding light on its significance, the components,...

Understanding the basics of cash flow forecasting in Excel
4 min read
16 August 2023

How to Avoid Making a Mess of Cash Flow Forecasts in Excel

Spreadsheets are ubiquitous for a reason - you can use them for anything! But with increasing complexity comes the danger...

What is the SaaS Rule of 40
7 min read
10 January 2025

What is the SaaS Rule of 40?

The Rule of 40 has emerged as a golden standard across the Software as a Service industry. Often dubbed the...

cash flow metrics kpi
7 min read
28 November 2024

8 Key Cash Flow KPIs and Metrics You Need to Know

Master your business finances with our comprehensive guide on cash flow KPIs and metrics. Understand key financial indicators, their implications,...

what is incremental budgeting
7 min read
8 August 2023

What is Incremental Budgeting in Finance?

Capital budgeting enables informed decision-making regarding the allocation of financial resources for projects that contribute to the company's growth and...

8 Ways to Improve Financial Forecasting in Business
4 min read
4 August 2023

8 Ways to Improve Financial Forecasting in Business

We have created many informative articles exploring financial forecasting and business planning, and this time we would like to explore...

Understanding Zero-Based Budgeting: A Beginner's Guide
4 min read
3 August 2023

Understanding Zero-Based Budgeting: A Beginner’s Guide

Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. This...

Online business secrets
4 min read
2 August 2023

Secrets to Success For Your Small Online Business

In today's competitive digital era, curating a strong online presence is paramount for the success of your small business. You...

what is capital budgeting
5 min read
1 August 2023

What is Capital Budgeting in Financial Management?

Capital budgeting enables informed decision-making regarding the allocation of financial resources for projects that contribute to the company's growth and...

food van business
7 min read
27 July 2023

How to Create a Cash Flow Forecast for a Food Van Business

Whether you’re an established food truck/van owner or you’ve just got the seed of an idea, you’ll know that it’s...

how brixx can help manage inflation in 2023
5 min read
27 July 2023

How to manage inflation with Brixx

Inflation, an ever-present economic phenomenon, can significantly impact our financial well-being, both as individuals and businesses. As we navigate the...

small business cash flow problem
7 min read
26 July 2023

Why Do Small Businesses Struggle with Cash Flow?

Small businesses often struggle with cash flow due to several reasons. Some of the most common ones include lack of...

How to Create a Cash Flow Forecast for a Gardening Business
9 min read
3 December 2024

How to Create a Cash Flow Forecast for a Gardening Business

In this guide, we will provide step-by-step instructions on how to create a comprehensive cash flow forecast specifically tailored for...

what is break even analysis
7 min read
10 January 2025

What is Break-Even Analysis: Calculating Break-Even for your Business

A break-even analysis is a critical metric for businesses as it provides valuable information about the minimum level of activity...

How to Create a Cash Flow Forecast for a Clothing Business
6 min read
12 July 2023

How to Create a Cash Flow Forecast for a Clothing Business

Whether you’re starting or you already have a clothing business, one thing which is often overlooked is the financial forecasting...

Brixx-vs-Poindexter
4 min read
12 July 2023

Brixx vs Poindexter – A Comparison Between Financial Forecasting Software

It is crucial to have effective financial planning for the success and growth of any organisation. To achieve accurate and...

Brixx vs LivePlan
3 min read
11 July 2023

Brixx vs LivePlan – Forecasting and Business Planning Comparison

In this blog post, we will compare two popular business planning software options: Brixx and LivePlan. By examining their features,...

Brixx vs Futrli
2 min read
11 July 2023

Brixx vs Futrli – A Financial Forecasting Tool Comparison

In today's competitive business environment, having robust financial planning software is essential for effective decision-making and long-term success. Two popular...

journal-entry-in-accounting
7 min read
15 November 2024

What are Journal Entries? A Beginner’s Guide to Journal Entries in Accounting

Journal entries are the recorded transactions that your business carries out. Every business activity that involves money - sales, purchases,...

What is a Cash Flow Forecast Report
6 min read
4 July 2023

What is a Cash Flow Forecast Report?

The cash flow forecast is probably the most sought-after financial report - but why is this, and how does cash...

variable cost guide
5 min read
3 July 2023

What are Variable Costs? A Simple Guide for Small Businesses

Variable cost refers to business expenses that vary directly with the level of output or production. In other words, when...

what-is-scenario-analysis-in-finance
10 min read
8 November 2024

Scenario Analysis: How it Works, Examples and FAQs

Scenario analysis is a technique used in various fields, such as business, finance, and risk management, to evaluate the potential...

What is Sensitivity Analysis in Finance
9 min read
8 November 2024

What is Sensitivity Analysis in Finance?

Financial forecasting & modelling is all about trying to predict the future of your business and sensitivity analysis is just...

Creditor days guide
7 min read
29 June 2023

How to Calculate Creditor Days – Formulas and Examples

Creditor days, also known as payable days, is a financial ratio that quantifies the average time it takes for a...

what are liquid assets
8 min read
21 June 2023

What are Liquid Assets?

In the realm of finance, liquid assets are the lifeblood of financial flexibility. In this comprehensive guide, we delve into...

Discounted Cash Flow A Comprehensive Guide
10 min read
19 June 2023

A Comprehensive Guide to Sales Forecasting

Sales forecasting provides valuable insights and predictions about a company's future sales performance. This guide will help you understand the...

What-are-Generally-Accepted-Accounting-Principles
8 min read
15 November 2024

GAAP: What are Generally Accepted Accounting Principles?

Accounting is the backbone of any organization's financial operations - however, it has to be done correctly and within regulations....

ai in finance
4 min read
9 June 2023

Improve Your Business Finances with Generative AI Like ChatGPT

As we step further into the digital age, there's a seismic shift reshaping how businesses handle their financial operations. One...

what are accounting standards
3 min read
7 June 2023

What are Accounting Standards?

Accounting standards are a set of principles and guidelines that all accounting professionals and businesses must follow when preparing financial...

AI in scenario forecasting and planning
6 min read
2 June 2023

AI-Driven Scenario Forecasting and Planning

This blog post delves into how ChatGPT can improve scenario forecasting in Brixx, offering a more robust, dynamic, and predictive...

ai tools for business
10 min read
25 May 2023

10 Best AI Tools for Your Business in 2023

As we near 2023, businesses have a unique opportunity to leverage advancements in AI to their advantage. With AI tools...

the challenges of financial planning as a new business
5 min read
24 May 2023

What are the Challenges of Financial Planning in Business?

Startups by their very nature are breaking new ground. It’s perhaps ironic then that many are founded by entrepreneurs who...

11 Ways to Use ChatGPT for Your Business 
9 min read
10 January 2025

11 Ways to Use ChatGPT for Your Business 

In this post, we'll explore 11 different ways you can use ChatGPT to improve your business operations.

Measuring Return on Investment in Business
7 min read
17 May 2023

Measuring Return on Investment in Business

There are a huge variety of metrics that you will need to have understanding of when starting your own business....

Year Over Year (YOY) in Finance: What Does it Mean and How is it Used?
6 min read
11 May 2023

Retained Cash Flow: What is RCF?

Understanding all elements of cash flow - including retained cash flow - can be quite a tricky task. We are...

financial forecasting and planning with ChatGPT
13 min read
9 May 2023

How to Use ChatGPT for Financial Forecasting and Planning

Financial forecasting and planning are essential for any business, big or small. However, traditional financial analysis methods can be time-consuming...

How to Use ChatGPT to Write a Business Plan
11 min read
5 May 2023

How to Use ChatGPT to Write a Business Plan

Using ChatGPT to write a business plan might sound appealing, but it's not as simple as relying on AI for...

Discounted Cash Flow A Comprehensive Guide
3 min read
28 April 2023

Discounted Cash Flow: A Comprehensive Guide

Debt factoring is a financial transaction in which a business sells its accounts receivable, or outstanding invoices, to a third-party...

debt factoring
7 min read
8 November 2024

Debt Factoring: Understanding Factoring Debt

Debt factoring is a financial transaction in which a business sells its accounts receivable, or outstanding invoices, to a third-party...

what is sortino ratio
5 min read
18 April 2023

What is the Sortino Ratio?

The Sortino ratio is a risk-adjusted performance measure that is similar to the Sharpe ratio. Learn why it is important...

Why entrepreneurs should take risks
5 min read
15 November 2024

Why All Entrepreneurs Should Take Risks

Risk-taking is an essential part of entrepreneurship, and it's what sets successful entrepreneurs apart from the rest. In this article,...

Debtor days calculation
5 min read
6 April 2023

Debtor Days Formula & Calculation

The debtor days formula is a useful tool for businesses to understand how long it takes to collect payments or...

cash inflow vs outflow
7 min read
31 March 2023

Cash Inflow vs Outflow: What’s the Difference?

Understanding cash flow and the differences between cash inflow and cash outflow is critical for managing your business finances with...

What is ledger balance
5 min read
8 November 2024

What is Ledger Balance? Available Balance vs Ledger Balance

As a new business owner, there will be a variety of financial reports and terms that you may not be...

What’s included in the prudence principle
8 min read
21 March 2023

What is the Prudence Concept in Accounting?

The prudence concept is a core accounting principle that means choosing conservative methods to understate assets and overstate liabilities, anticipating...

when should you hire an accountant
3 min read
15 March 2023

When Should You Hire an Accountant?

Thinking about when to hire an accountant can be a difficult task. How could you possibly decide upon which accountant...

Key Financial Reports to Share with Your Board
4 min read
8 November 2024

Key Financial Reports to Share with Your Board

As a new business or start-up, there will be some big meetings ahead with your board and shareholders. Without financial...

how to create a personnel plan
4 min read
8 November 2024

How to Create a Personnel Plan for Investors

Choosing a new accountant for your business is an important decision that can greatly impact your financial success, and it...

choosing a new accountant for your business
3 min read
9 March 2023

How to Choose A New Accountant for Your Business

Choosing a new accountant for your business is an important decision that can greatly impact your financial success, and it...

what is an aged debt report
3 min read
17 February 2023

What is an Aged Debtors Report?

An aged debtors report is a financial report that shows the amounts owed to a business by its customers, classified...

can industry benchmarks help financial forecasting
4 min read
14 February 2023

How to Use Industry Benchmarks for your Business Financial Plan

Over December 2022 and Early January 2023, we have released several updates and bug fixes to improve our user experience....

What is MIS Reporting
5 min read
4 December 2024

What is a MIS Report?

Over December 2022 and Early January 2023, we have released several updates and bug fixes to improve our user experience....

home office table and chairs with shelves
5 min read
4 February 2023

The Biggest Challenges for Entrepreneurs Working from Home

Are you considering or running a business from home? It can be very rewarding, though not without its challenges... Jo...

Image of data analytics screens on two computers atop a dark brown desk for the Should You Use Predictive Analytics For Financial Forecasting? blog post header image by Brixx
4 min read
3 November 2022

Should You Use Predictive Analytics For Finance?

Predictive analytics is the prediction of future trends and events using historical data, whereas forecasting is the process of making...

Brixx And Crunch A Financial Forecasting Masterclass
3 min read
28 September 2022

Brixx And Crunch: A Financial Forecasting Masterclass

The integration between Brixx and Crunch means that you are able to visualise your company's financial future and see the...

2022-Blog-Images-1
5 min read
21 July 2022

How To Use A 3-Statement Financial Model To Grow Your Business

A 3-Statement Financial Model is, in essence, a reflection of the three key financial statements. Forecasting those statements allows for...

what is a 3 statement model?
5 min read
8 November 2024

What is a 3-Statement Model?

A well-built 3-Statement Financial Model helps insiders and outsiders see how various activities of a firm work together to see...

what is a financial pitch deck
6 min read
4 December 2024

What are Financial Pitch Deck Slides?

Any investor with a genuine interest in the business will want to see detailed financial pitch deck slides to gain...

Image of coins and game pieces being gathered in a crowd for the Why Use Crowdfunding For Startups? blog post from Brixx
5 min read
12 May 2022

Why Use Crowdfunding For Startups?

Crowdfunding for startups is one of the less traditional means for raising funds, but is quickly gaining in popularity. Here,...

Image of a man presenting data on a whiteboard for the Top 10 Pitch Deck Tips: Get Investor Ready blog post header
5 min read
22 April 2022

Top 10 Pitch Deck Tips To Help Your Business Get Investor Ready

An effective pitch deck should allow you to fully customise it to suit your company’s needs and generally speaking, a...

image of the Brixx dashboard on a computer for the Using Brixx to present Financial Projections for Business Plans blog post header image
9 min read
31 March 2022

Using Brixx to present Financial Projections for Business Plans

When presenting your projections, having a structure is key as it will guide you and allow you to present your...

How To Choose A Better Financial Projections Template
5 min read
31 March 2022

Choosing a Financial Forecasting Template

A financial projection template is a structured format used to forecast your business's future financial performance. This template typically includes...

Image of business presentation for the free investor pitch deck tempalate for google slides and powerpoint from Brixx
7 min read
10 March 2022

The 10 Most Important  Elements Of Writing A Business Plan

While there are numerous areas to focus on, this post will touch on the 10 most important elements of writing...

Brixx Development Update - Report Improvements
2 min read
25 November 2021

Brixx Development Update – Report Improvements

View our latest Brixx development updates to the Actuals Vs Forecast Report

Brixx Development Update - Inventory Revamp, Stock Levels, And More
4 min read
25 November 2021

Brixx Development Update – Inventory Revamp, Stock Levels, And More

Our most recent updates in Brixx's development cover inventory updates and bug fixes. Read more about our latest improvements

Brixx Development Update - Excel Download Improvement And More
3 min read
19 November 2021

Brixx Development Update – Excel Download Improvement And More

In this post we go over the recent development updates to the Brixx platform

Why Retail Needs Strong And Accurate Cash Flow Management
9 min read
4 November 2021

Why Retail Needs Strong And Accurate Cash Flow Management

When looking at the retail industry specifically, effective cash flow management can be the difference between success and failure

Computer screen showing a brixx plan
3 min read
4 October 2021

Brixx Update October 2021: New Inventory and Report Controls

This month we have released a host of new features for the Inventory component, as well as a new Inventory...

Brixx vs Float - A Cash Flow Forecasting And Scenario Planning Showdown blog post header image of two robots arm wrestling
4 min read
15 November 2024

Brixx vs Float – Cash Flow Forecasting And Scenario Planning

Here at Brixx, we enjoy a bit of healthy competition and have done some of the heavy lifting for you...

Budgeting And Financial Scenario Modelling For Restaurants
10 min read
14 August 2021

Budgeting And Financial Scenario Modelling For Restaurants

When looking at budgeting and financial scenario modelling for restaurants, identifying and understanding the effects that events and decisions will...

5 E-commerce Integrations for Businesses
4 min read
21 July 2021

5 E-commerce Integrations for Businesses

One of the major benefits of being an e-commerce business owner is the ability to connect your e-commerce platform to...

E-Commerce An Introduction to Business Forecasting and Budgeting
11 min read
15 November 2024

E-Commerce: An Introduction to Business Forecasting and Budgeting

All business owners should be using forecasting for one reason or another. Especially for e-commerce, business forecasting provides a tentative...

Excel And Google Sheets vs Software For Financial Forecasting
6 min read
20 May 2021

Excel And Google Sheets vs Software For Financial Forecasting

Financial modelling helps businesses predict future outcomes. Using the right tools for this will aid in achieving success.

How to start a cake business from home
5 min read
4 December 2024

How to start a cake business from home

In our newest 'starting a business' article, we take a look at one of the most popular business to start...

Top-Down vs. Bottom-Up Forecasting
5 min read
10 March 2021

Financial Forecasting Methods: Top-Down vs. Bottom-Up Forecasting

Deciding on the best financial forecasting method can be a challenge as there are two primary approaches to consider: top-down...

Brixx Update Xero Integration Now Complete
2 min read
18 February 2021

Brixx Update: Xero Integration Now Complete

Welcome to the first Brixx Update of 2021. We're pleased to announce that the long awaited Xero Integration is now...

The Brixx 2021 Roadmap Preview
5 min read
15 November 2024

What’s Next? The Brixx 2021 Roadmap Preview

Find out what is on the horizon after our Xero release. 2021 is going to be an exciting year for...

How to Create a Cash Flow Forecast in Brixx
12 min read
13 October 2020

How to Create a Cash Flow Forecast in Brixx

Brixx is a financial modelling app - perfect for planning the future of your business. Professional cash flow forecasts at...

How to Start a Gardening Business
7 min read
3 December 2024

How to Start a Gardening Business in the UK

Join us for a detailed guide on starting a gardening business in the UK, we walk through all the necessary...

Understanding Profit vs Cash Flow
3 min read
1 September 2020

Understanding Profit vs Cash Flow

Ever wondered how a business can be profitable but run out of cash? In this article, we cover what is...

How to Start a Clothing Line
5 min read
4 December 2024

How to Start a Clothing Line from Scratch

So, you want to start your own clothing business? Welcome to the guide on how to do just that. In...

How to Account for Bad Debt
8 min read
11 August 2020

How to Account for Bad Debt

In this article, we tackle the concept of bad debt - what it is, how to prepare for it, and...

The Brixx Insider #7 - Stock sold option, Xero news and more!
4 min read
6 August 2020

The Brixx Insider #7 – Stock sold option, Xero news and more!

Welcome back to our monthly update! Check out what we've been up to this month inside, including Xero, a new...

Building up a Brixx plan - a 24 minute demo
22 min read
5 August 2020

Building up a Brixx plan – a 24 minute demo [Video]

This week we bring you a video demo of Brixx - a "back to basics" tour of the app that...

Accrual Accounting vs Cash Accounting Methods Explained
5 min read
28 July 2020

Accrual Accounting vs Cash Accounting: Methods Explained

In this article we unpack the differences between accrual basis and cash basis accounting. Find out which method benefits your...

A blank t-account
7 min read
8 July 2020

A Guide to T-Accounting (With Examples)

Welcome to part 3 of 3 in this “Accounting Crunch” series. In this series, we’ll be covering debits & credits,...

Xero Beta LIVE & New Dashboard
3 min read
3 July 2020

The Brixx Insider #6 – Xero Beta Now LIVE & New Dashboard

Welcome to our July update! See what we've been up to this month and what is to come - including...

Bike rusting with text reading "How to calculate depreciation"
6 min read
1 July 2020

Calculating Depreciation – Which Method is Best?

Got a fancy new asset and not sure on the best way to depreciate it? What even is depreciation? In...

what is double entry bookkeeping
5 min read
24 June 2020

What is Double-Entry Bookkeeping?

Welcome to part 2 of 3 in this “Accounting Crunch” series. In this series, we’ll be covering debits & credits,...

How Do Payable Accounts and Receivable Accounts Interact with Cash Flow
7 min read
16 June 2020

How Do Payable Accounts and Receivable Accounts Interact with Cash Flow

Accounts payable and receivable are one of many accounts found on the balance sheet. In this article we look at...

london skyline with text reading "what are positive and negative working capital"
7 min read
6 January 2025

What are Positive and Negative Working Capital?

Working capital is a figure that is essential for business growth, it keeps the cash cycle moving and allows you...

Direct vs Indirect Cash Flow Method
8 min read
12 May 2020

Direct vs Indirect Cash Flow Method: What is the difference?

There are two methods of calculating net cash flows, but which should you use? In this article we draw the...

The Brixx Insider #4 - Beta Test Groups & Recent Releases
2 min read
7 May 2020

The Brixx Insider #4 – Beta Test Groups & Recent Releases

Discover what we've been up to this month in the latest edition of the Brixx Insider! We detail how to...

Cash Flow from Operating Activities and How to Calculate it
7 min read
28 April 2020

Cash Flow from Operating Activities and How to Calculate it

Cash flow from operating activities can be a bit of headache to get your head around. In this article, we...

6 cash flow confusions that commonly confuddle business planning
12 min read
21 April 2020

6 cash flow confusions that commonly confuddle business planning

Numbers can be open to interpretation, especially if you’re not used to arcane accounting methodologies. Maybe you usually leave the...

Financial Jargon Buster Guide
20 min read
10 January 2025

Financial Jargon Buster Guide

When it comes to finance, jargon can quickly become confusing. In this piece, we aim to chop this jargon up...

The Balance Sheet Layout Explained
8 min read
31 March 2020

The Balance Sheet Layout Explained in a Super Simple Example

A balance sheet is an essential tool used to show the value of a business at a specific point in...

What Goes into the Income Statement
6 min read
24 March 2020

What Goes into the Income Statement (with examples)

A profit and loss statement, also called an income statement, shows the revenue and expenses of a business, broken down...

Cash Flow Statement Example - Simple Analysis of Cash Flow
7 min read
17 March 2020

Cash Flow Statement Example – Simple Analysis of Cash Flow

A cash flow statement brings order to the chaos. Our easy coffee shop example shows how this report can make...

What are Operating Profits
5 min read
30 January 2025

What are Operating Profits and How to Calculate Them

Operating profit is one of the most important lines on the profit and loss (income) statement. In this article, we...

Net Profit vs Gross Profit
3 min read
18 February 2020

Gross Profit vs Net Profit Explained: Differences and Examples

Struggling with all the different types of profit in the profit and loss report? Well in this article we break...

What's the Difference Between Revenue vs Profit
4 min read
12 February 2020

Revenue vs. Profit: What’s the Difference?

New to the profit and loss statement? Getting confused with all the terminology? Well, fear not! In this article, we...

Free Profit and Loss Template
3 min read
10 January 2025

Free Profit and Loss Statement Template

Get a free profit and loss template on us! Claim your template in this article, which features: equations to calculate...

Financial Forecasting Template for Startups
11 min read
27 November 2024

Financial Forecasting Template for Startups

To produce effective and accurate financial projections for startups, you will need three key reports: a Balance Sheet, a Cash...

How to Write Your Business Plan 2
5 min read
20 January 2020

How to Write Your Business Plan: The Complete Series (2 of 3)

So far in your business plan, you’ve demonstrated that you’ve thoroughly researched the market and your competition. Now it’s time...

How to Write Your Business Plan
16 min read
13 January 2020

How to Write Your Business Plan: The Complete Series (1 of 3)

A business plan is required to sell your idea to investors or banks, persuading them to fund you. They won’t...

How to Design a Website
12 min read
30 December 2019

How to Design a Website: Tips Every Beginner Must Know

In this article, we'll be looking at how to design a website. The design of a website should reflect your...

How to Set Up a Website
12 min read
30 December 2019

How to Set Up a Website: A Guide for Small Businesses

In this article, we'll be exploring how to set up your own website. We'll look at everything from how to...

7 Things Startups Need to Know When First Employing Staff
11 min read
28 November 2024

7 Things Startups Need to Know When First Employing Staff

If you've never worked in HR or recruitment, you might not know the ins and outs of hiring new talent....

How to Protect Your Business
7 min read
16 December 2019

Protecting your Business – Everything You Need to Know

In this article we explore the ways you can protect your business. You’ve got a minimum viable product and know...

How to Choose the Right Infrastructure for Your Startup
10 min read
28 November 2024

How to Choose the Right Infrastructure for Your Startup

It is important to research and establish your business infrastructure so that the daily activities of your business run smoothly. ...

How to Measure the Success of a Marketing Campaign
7 min read
10 January 2025

How to Measure the Success of a Marketing Campaign

You've started marketing your product or service. How can you tell if it's doing well or not? Well in this...

How to Choose a Marketing Channel
6 min read
9 December 2019

How to Choose a Marketing Channel

In this post, we'll talk through what a marketing channel is and the options you have. From traditional to more...

How to understand your marketing funnel
9 min read
9 December 2019

How Understanding the Marketing Funnel Will Boost Your Sales

This week, we're going to explain the concept of the marketing funnel. We'll walk through the stages and show you...

Testing a Minimum Viable Product
9 min read
2 December 2019

How to Create and Test a Minimum Viable Product (MVP) for Startups

One of the pitfalls fledgling entrepreneurs can fall into is getting stuck in the costly product development process. Lot’s of...

Find the USPs of Your Business Idea
9 min read
2 December 2019

Find and Exploit the Unique Selling Points of Your Business Idea

Your Unique Selling Point is your competitive edge - the reason that people will buy from you rather than your...

How to Choose the Right Business Model for Your Startup
9 min read
28 November 2024

How to Choose the Right Business Model for Your Startup

So, you’ve got a big idea for a business and you've started researching the market you want to approach. What’s...

How to Find Your Target Audience Through Market Research
6 min read
18 November 2019

How to Find Your Target Audience Through Market Research

Finding the right audience for your business is like finding treasure. But how do you do that? It's through little...

what is the ideation process
7 min read
11 November 2019

How to Come Up With Profitable Business Ideas Using the Ideation Process

Struggling to come up with ideas for businesses? Don't worry, we'll take you through an easy process for coming up...

How to create an effective financial forecast with no historical data header
12 min read
27 November 2024

How to Create an Effective Financial Forecast With No Historical Data

Extrapolating historical data is one way of creating a financial forecast. If you're a new business or a you are...

what is cash flow analysis - 6 Cash Flow Analysis Examples
7 min read
15 October 2019

6 Cash Flow Analysis Examples for Exploring Key Business Scenarios

Once you've created a cash flow forecast, you're in a great position to start examining future scenarios for your business....

The Importance of Credit Scores
8 min read
8 October 2019

The Importance of Credit Scores in Startup Funding

For many entrepreneurs, borrowing is a necessary evil as few new businesses have the capital to be entirely self-funded. In...

A Beginners Guide to Financial Modelling
7 min read
15 November 2024

What is Financial Modelling for Small Businesses?

Financial modelling is seen as a niche activity. But, it's actually the best and most natural way to make the...

person working on a computer on a white surface viewed from above
6 min read
29 May 2019

7 Tasks Small Business Owners Need To Delegate Early

Some tasks just suck up time - in which case you need to delegate. In this guest article from Kayleigh...

version history and restore in brixx
5 min read
1 August 2018

Brixx Update: Sharing & Collaboration, Version Restore, And More

This week - plan sharing is finally here! We have just released a host of new features and two new...

The-Beginners-Guide-To-Starting-A-Personal-Training-Busines
6 min read
4 December 2024

The Beginners Guide To Starting A Personal Training Business

There are a lot of elements to starting and running a personal training business that you might not have thought...

How to make the most of your brixx dashboard
7 min read
6 October 2017

Dashboard spotlight – make the most of your Brixx dashboard

Today I’m going to take a closer look at one of the features of the Brixx Dashboard. We’ve taken to...

how Cash Flow Kills Small Businesses
6 min read
4 September 2017

Cash Flow Problems? How Cash Flow Kills Small Businesses

Cash flow problems can cause otherwise successful businesses to go bust. This is a truth that bears repeating, which is...

how to start a cleaning business from scratch
9 min read
5 December 2024

Your Guide On How To Start A Cleaning Business From Scratch

For as long as things have been getting dirty, people have been paying to have someone clean it, and a...