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.
Blog
Practical advice on forecasting, cash flow, and planning, plus templates, walkthroughs, and strategies you can apply straight away.
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 with anything other than exercise before.
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 confusing? In this article, I’ll demonstrate how the P&L works and give examples of some common confusions 😀
SWOT Analysis For Startups
A SWOT analysis can help you see your startup from different perspectives and angles that you may not have before.
What is Management Reporting? Best Practices and How to Create One
Management reporting is a type of report given to management-level employees within a business. A management report typically involves employees collecting, analyzing, and presenting key information to help with decision making, providing an overview of all business performance.
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 initial business plan written up for free.
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 evaluation of how well the forecasts aligned with the real-world outcomes.
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 steps to start up a business in the UK, including writing a business plan and marketing plan.
Free Balance Sheet Template
Get a free balance sheet template on us! Using a simple, easy to understand structure with automatic formulas, charts and an explanation of each line, if you’re looking to build a balance sheet forecast, there really is no better place to start than with our template, you’ll be forecasting your balance sheet in no time!
Cash Flow Statement Template for Excel
Download a Free Template for Cash Flow Forecast Brixx has created a free cash flow forecasting template to help ease the workload of setting up your cash flow forecasting spreadsheet. If you aren’t aware of how much cash is going in and out of your business then you may have a risk to your business…
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 why Brixx uses the method it does.
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, double-entry accounting and T-accounts. Each part will consist of one topic. In this part, we’ll be covering debits and credits!
The Importance of Intrapreneurship
Getting ahead in accounting and finance is tough these days. Improve your prospects through intrapreneurship by providing dashboards with actionable business insights.
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 your business. As a financial modelling tool, Brixx can assist you in many of your forecasting endeavours.
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 the incoming and outgoing cash activity of the business and is usually estimated at a monthly level. You may think that all that matters is your profit margin but cash flow is critical. The key difference between a cash flow forecast and another report like the income statement is that it’s all about timing. When cash is parted with or received is vitally important. It will not take into account future sales received on credit. It’s a true reflection of your bank accounts inflows and outflows. Not what might be, but what is.
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 crucial investment, nothing is as essential as the pitch deck.
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.
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 be large, data heavy, and confusing, so within this article, we will focus on ten key components that form the backbone of a successful business plan.
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 be familiar with. Actuals might be one of these. In this article we will provide a clear and simple understanding of actuals in finance, highlighting their significance in assessing true financial performance.
