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 financial company, known as a factor.

Practical advice on forecasting, cash flow, and planning, plus templates, walkthroughs, and strategies you can apply straight away.
Debt factoring is a financial transaction in which a business sells its accounts receivable, or outstanding invoices, to a third-party financial company, known as a factor.

Risk-taking is an essential part of entrepreneurship, and it’s what sets successful entrepreneurs apart from the rest. In this article, we’ll explore why all entrepreneurs should take risks, the different types of risks businesses face, and how to manage risk effectively.

The debtor days formula is a useful tool for businesses to understand how long it takes to collect payments or debts. By calculating your debtor days, you can streamline your processes and improve your cash flow.

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

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

As a new business or start-up, there will be some big meetings ahead with your board and shareholders. Without financial expertise, you may be wondering which financial reports are best suited to show that you’re on the right track to building an established, profitable business.

Choosing a new accountant for your business is an important decision that can greatly impact your financial success, and it can be a lot of pressure for new businesses or start-ups to even consider adding to the team.

Choosing a new accountant for your business is an important decision that can greatly impact your financial success, and it can be a lot of pressure for new businesses or start-ups to even consider adding to the team.

An aged debtors report is a financial report that shows the amounts owed to a business by its customers, classified according to the length of time that the amounts have been outstanding.

Over December 2022 and Early January 2023, we have released several updates and bug fixes to improve our user experience. Including the introduction of our Tax report, enabling you to view a breakdown of Tax payments for your plan.

Are you considering or running a business from home? It can be very rewarding, though not without its challenges… Jo Thornley’s guest article this week explores these problems and their potential solutions.

Predictive analytics is the prediction of future trends and events using historical data, whereas forecasting is the process of making predictions about how your business will perform over the course of an extended period of time. Which is right for your business?

The integration between Brixx and Crunch means that you are able to visualise your company’s financial future and see the “big picture” Take a look at this Financial Forecasting Masterclass to see what this integration means.

A 3-Statement Financial Model is, in essence, a reflection of the three key financial statements. Forecasting those statements allows for the exploration of how a company will perform under a variety of different assumptions to help for growth planning.

A well-built 3-Statement Financial Model helps insiders and outsiders see how various activities of a firm work together to see how decisions impact the overall company performance.

Crowdfunding for startups is one of the less traditional means for raising funds, but is quickly gaining in popularity. Here, we discuss using crowdfunding to raise money for your startup or business.

An effective pitch deck should allow you to fully customise it to suit your company’s needs and generally speaking, a template should contain minimalist aesthetics to make the content the focal point. Read more tips here

When presenting your projections, having a structure is key as it will guide you and allow you to present your financial projections and models in the most effective and impactful way possible. Brixx simplifies the process.

A financial projection template is a structured format used to forecast your business’s future financial performance. This template typically includes various financial statements and metrics to help predict income, expenses, profits, and cash flow over a specific period. Learn more about getting started on your projections journey…!

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