Finance Tips
What is Economic Profit and Why is it Important for Businesses?
In the world of business, there’s a critical distinction between different types of profit that can impact decisions at every...

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...

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...

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 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...

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...
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...

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 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?
Deferred revenue is a critical aspect of financial management. However, it often poses significant challenges in accurate forecasting and tracking....
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...
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...
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?
In a world where data is at the forefront of all businesses, the ability to understand and communicate data effectively...
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...
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...
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...
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...
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 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...
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...
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...
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...
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,...
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?
Welcome to part 2 of 3 in this “Accounting Crunch” series. In this series, we’ll be covering debits & credits,...
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
When it comes to finance, jargon can quickly become confusing. In this piece, we aim to chop this jargon up...
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...