With the increase in the frequency of supply chain disruptions, our clients have more questions about their supply chain KPIs. Here are the top 3 supply chain FAQs, in addition to the top 10 metrics you need to improve your supply chain health.
CLOUD CFO BLOG
Accounting advice, made awesome.
The dos and don’ts of pricing your product and some factors to consider along the way.
Preparing for year-end finances shouldn’t only be about taxes. It’s a perfect time to begin business planning to meet your financial goals and start off the year with clean books.
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.
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.