CLOUD CFO BLOG

Accounting advice, made awesome.

How to Create a Capital Expense Budget for Business Growth

August 28, 2024

Capital expenditure, or CapEx, is a critical aspect of any business’s financial planning. For entrepreneurs, CEOs, COOs, and small business owners, understanding how to budget capital expenses effectively can be the difference between sustained growth and financial instability. In this blog post, we’ll explore the fundamentals of CapEx, how to calculate it, and provide a step-by-step guide on crafting a robust CapEx budget. By the end, you’ll have the insights

Line chart showing how switching to NetSuite increase revenue for one client by 120%

How to Increase Revenue: Unlocking revenue growth strategies

In today’s competitive business landscape, increasing revenue is a vital component of enhancing profitability. But how does one go beyond just covering costs to actually

AR Automation: How NetSuite can improve your cash flow

Accounts Receivable AR automation is step one to improve your accounts receivable (AR) process. Because AR is considered to be assets converted to cash, optimizing

cash flow KPIs: cash runway, net operating cash flow, free cash flow and a quick definition of each

Cash Flow KPIs Every Business Leader Should Track

The secret to cash flow awesomeness? Cash flow analysis. Imagine walking into a store without really knowing whether your card would be declined. Cue the

NetSuite Implementation Guide: An 8-Step Guide to Avoid ERP Implementation Failure

If you’re planning a NetSuite implementation, we suggest using these eight steps to avoid ERP implementation failure. ERP implementations are often wrought with missteps and

How to Calculate Payback Period

Many scaling businesses fail because they don’t put enough emphasis on the Payback Period (which we’ll get to soon). Your Payback Period (PBP) is the length of