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Financial Forecasting Resources
What is Ledger Balance? Available Balance vs Ledger Balance
As a new business owner, there will be a variety of financial reports and terms that you may not be aware of. One...
What is the Prudence Concept in Accounting?
The prudence concept is a core accounting principle that means choosing conservative methods to understate assets and overstate liabilities, anticipating potential losses and...
What is EBIT Growth and why is it Important for Businesses?
When looking to assess your business’ financial performance, one of the most important metrics to keep in mind is EBIT (Earnings Before Interest...
The Importance of Multilingual Financial Forecasting for Global Businesses
Financial forecasting is the backbone of any successful business, and having access to forecasting tools in your native language can make all the...
How to Create an Emergency Business Plan in a Day
Need a business plan fast? Whether you're facing a crisis or seeking urgent funding, an emergency business plan can help you act quickly....
Modelling the Future Through Financial Uncertainty: Why It Matters More Than Ever
In today’s world, uncertainty seems to be the only constant. From consistent inflation, to global events that ripple through supply chains and consumer...
The Risks and Rewards of Entrepreneurship: What You Need to Know
Today we take a look at the risks and rewards of starting a business. Starting your own business can be very rewarding. There...
What is the Profit and Loss Forecast Report?
Why is this sandwich being measured? Read on to find out. This week we take a look at the profit and loss forecast....
Total Revenue: A Clear Guide for Businesses
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...
What is Property Management Accounting?
Property management accounting is simply the financial process involved in managing rental properties. Without it, it can be difficult to keep the business...
How to start an e-commerce business
This guide is a comprehensive look at starting an e-commerce business. It covers all the steps you need to take as well as...
The Sortino Ratio Explained: Formula, Calculation & Examples
The Sortino ratio is a risk-adjusted performance measure that is similar to the Sharpe ratio. Learn why it is important here with Brixx.