How do you know your company is financially fit? We all talk it to death: profit, profit, profit. And for good reason—your profitability, and therefore your profit margin, is the single best measure of company health. However, it is a mistake to think that is all there is to it. This article outlines a handful of other metrics you should be using to gauge company health.
No matter how you slice it, inflation is here. So what’s a business owner to do? There are two things that you can do as a business owner to prepare for inflation and protect your profit. The first thing is to monitor costs and secure your prices from suppliers, either over the short-term or long-term. The second thing is to raise your prices.
Meet the Team: A Q&A with Manager, Akeem Ogunsegun He plays chess and knows all the words to Tequila (impressive right?) and we'll give you…
Are you wondering why your business is not profitable? It’s not very often that a company or business isn’t trying to turn a profit at some point (nonprofits excluded, of course). Here are the top five reasons why a business is not profitable.
A true introvert, our Cloud CFO manager Nick feels energized after some solitude, listening to music. But it may not be the music you might expect...
When you’re examining customer profitability, there are two key methods where you can focus your efforts on growing: Increase the number of customers or, alternatively,…
The longest-standing team member of ORBA Cloud CFO, manager Carolyn Koonce this night owl turned morning person uses only the mot understated-emojis. Oh and has tadpoles for... "pets?"
It happens more often than you might think. High-growth business owners that think they are “in the know” when it comes to finance and accounting jargon. But, in reality, they do not understand the most important accounting terms every entrepreneur should know.
Equally a lark and a night owl, meet our Manager since 2018, Alma Garza. Is it just us or does even reading her responses make you feel at peace? Plus, check out possibly the best cake topper of 2021!
Price hikes are always a delicate business decision to make. You don't want to raise your prices too high and scare your consumers or clients off, but you want to address your business needs.