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.
CLOUD CFO BLOG
Accounting advice, made awesome.
When you’re examining customer profitability, there are two key methods where you can focus your efforts on growing: Increase the
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.
A common question for growing companies who are considering outsourced accounting is: “What is the
The Rule of 40 is a SaaS-specific metric to track your company’s financial health. It combines your profitability and growth into a measure of health. Put simply, if your growth rate and profit margin total more than 40%, then you can assume your SaaS company is in a good financial position.
In a crisis, restricted cash flow can be a double-edged sword. To stay afloat, a business must improve liquidity for fluctuating priorities. Many will focus solely on cutting costs, but there are a few other ways to get creative with cash flow in a crisis.