Financial Forecasting

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

In today’s world, uncertainty seems to be the only constant. From consistent inflation, to global events that ripple through supply...

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

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

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

In the world of business, there’s a critical distinction between different types of profit that can impact decisions at every...

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

Financial forecasting is the backbone of any successful business, and having access to forecasting tools in your native language can...

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

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

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

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

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

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

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

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

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

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

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

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

A rolling budget is a financial planning approach where the budget or forecast is regularly updated by adding a new...

Deferred revenue is a critical aspect of financial management. However, it often poses significant challenges in accurate forecasting and tracking....

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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