Practical advice on forecasting, cash flow, and planning, plus templates, walkthroughs, and strategies you can apply straight away.
As a new business owner, there will be a variety of financial reports and terms that you may not be aware of. One such example is ledger balance and available balance, which we explore in this article.
The prudence concept is a core accounting principle that means choosing conservative methods to understate assets and overstate liabilities, anticipating potential losses and recognising them early, and only recognizing gains when certain – without estimations or presumptions.
When looking to assess your business’ financial performance, one of the most important metrics to keep in mind is EBIT (Earnings Before Interest and Taxes). Keep reading to learn more with Brixx.
Financial forecasting is the backbone of any successful business, and having access to forecasting tools in your native language can make all the difference. That’s why Brixx is excited to announce support for eight new languages, making financial planning and analysis more accessible than ever before.
Need a business plan fast? Whether you’re facing a crisis or seeking urgent funding, an emergency business plan can help you act quickly. With Brixx, you can build a business plan in a day, complete with financial forecasts and clear action steps. Learn how to create a rapid, effective plan to navigate any challenge.
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!
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.
Why is this sandwich being measured? Read on to find out. This week we take a look at the profit and loss forecast. This simple guide goes through each part of the P&L and explains how to make use of the figures it produces.
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.
Property management accounting is simply the financial process involved in managing rental properties. Without it, it can be difficult to keep the business running smoothly. Learn more with Brixx.
This guide is a comprehensive look at starting an e-commerce business. It covers all the steps you need to take as well as a diving into building a professional financial plan.
The Sortino ratio is a risk-adjusted performance measure that is similar to the Sharpe ratio. Learn why it is important here with Brixx.
Year-over-year (YOY) is a financial term used to compare data for a specific period of time with the corresponding period from the previous year. It is a way to analyze and assess the growth or decline of a particular variable over a twelve-month period. Within this article we will explore what YoY is used for and why it is such an important metric for businesses.
Any investor with a genuine interest in the business will want to see detailed financial pitch deck slides to gain an understanding of the underlying assumptions driving the forecasts in your pitch.
Startups by their very nature are breaking new ground. It’s perhaps ironic then that many are founded by entrepreneurs who have trodden this ground before, who know the ropes of setting up a business, driving customer acquisition and finding funding and bringing together positive teams.
In the world of business, there’s a critical distinction between different types of profit that can impact decisions at every level. One such concept is economic profit – a measure that goes beyond basic earnings to provide a deeper understanding of a company’s financial health.
For a lot of people, the balance sheet is one of the hardest financial statements to get to grips with. Even the most fundamental pillar of the balance sheet, why it needs to balance, eludes many of us.
Liquidity in business refers to emergency funds and assets that you can access immediately or with short notice. Here we cover the basic concept of liquidity.
We’ve created an effective pitch deck template for Google Slides and PowerPoint for you to download free of charge. Download our customisable pitch deck template today and begin pitching your business.
The 13 week cash flow forecast is a tool for improving cash management in your business. Dedicating just a small amount of time to plan ahead can have great benefits and in this article we explore how you can take action now to avoid problems in the future.
