Financial Metrics
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
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Business & Cloud Solutions
The AP Process: A Step-by-Step Guide to Accounts Payable
You know what’s not awesome? An outdated, time-consuming AP process. You know what is awesome?
An efficient Accounts Payable (AP) process that saves your staff time and your business money.
Not only does a dialed AP process make sure your bills are paid on time; it strengthens your connections with vendors, and keeps you in line with regulations, but it also forms the foundation for financial stability and growth.
Business & Cloud Solutions
Benefits of Outsourcing Staff: Advice from 30 CXOs
The benefits of outsourcing staff far outweigh the risks of handing over a piece of your business. With almost 9 million job openings in the
Budgeting & Forecasting
Budgeting and Forecasting: A business owner’s guide
A quick guide to all things budgeting and forecasting, the difference between the two, how to create a budget, tips to improve forecasting, and more.
Cash Flow
The Accounts Receivable Process: A Step-by-Step Guide
When you’re trying to improve cash flow or working capital a great place to begin is by improving your accounts receivable (AR) cycle. Six ways to improve your accounts receivable are…
Financial Metrics
How to Calculate Your Debt to Equity Ratio (With Calculator)
Why should you care about your debt-to-equity ratio? Investors care about your liquidity (asset health) and solvency (debt health), and as a business owner, you should too. In financial metrics, that means tracking your current and quick ratio and your debt-to-equity ratio respectively. On the simplest terms, debt is what you owe, equity is what you own. Includes a debt-to-equity ratio calculator and infographic.