Here are my favorite metrics to check when I finish creating a five year plan. Â These metrics are also great to check for annual budgets or even monthly forecasts. Revenue Growth Year over Year Percentage… 5 Key Metrics to Check in your Five Year Plan
In this video I explain how to create a 13 week Cash Flow Template, Customer Forecast and AR Forecast. I also share lots of good excel and QBO tips along the way 🙂 If you… How to Create a 13 Week Cash Forecast
In this Regis Innovation Challenge video on Finance for Startups, we will discuss:Â How Much Money you Need, What you Need to do to Prepare for Taxes Next Year and will also look at How… Finance for Startups – Proforma, Bookkeeping and Funding
The Coronavirus is out and we are all adopting to zoom calls and helping teach our kids school. The government has come out with lots of programs to help. To us the programs that give… How to get free money for payroll costs – PPP Covid-19
I was recently working for a company building their financial model to prepare for a series B raise. We started by building a base case, which continues the current trends in a ‘business as usual… Why you need more than 1 budget
A very common mistake I see from startup and small business owners is they manage their business by checking their bank account. This happens because it is a habit we learned from managing our personal… Stop Managing your Business by checking your Bank Balance
Developing your business demands considerable time and energy. However, taking some of the work off your own plate by growing your staff may be necessary to really allow your firm to take off. Attempting to… Do You Know the Right Time to Hire?
Here are 5 common budget mistakes that can easily be avoided by checking a few metrics – Your Revenue Growth is unreasonable– Revenue is the key to any business and understanding how it changes year… Avoid these 5 mistakes when making a budget
First – I think people freeze when creating a forecast because they think the forecast has to be 100% correct or they don’t know where to start – in reality I would start by trying to do… how to create a financial projections when you don’t know where to start
When people are creating a new forecast for a company that is just starting they sometimes freeze up because they do not know what values to assign to certain assumptions because the business is new.… How to create a sensitivity analysis