If someone tried to hand you over a strict rule-book for your start-up, wait no-further and run in the opposite direction.
A SaaS business relies and depends upon its customers majorly. When it comes to the initial phase of setting up your business, your inclination must be to acquire more and more new customers by all means possible.
Small businesses are being constantly squeezed by rises in expenses, so controlling costs is more essential than ever.
Businesses in their initial years often need external funds in order to maintain their operations and invest in future growth.
Cash flow impacts the entirety of any company, as we all know.
In this fast-paced world, we all are aware that risks are inevitable and every business has a risk.
As a small business entrepreneur, one needs to constantly keep a check on the cash coming in and going out of your business.
A good and Innovative technology helps a company serves the world much more efficiently, and businesses have the potential to develop and execute such solutions.
What is Budgeting?
A budget lets a business owner measure its performance in an objective manner, control cash flows and allows him to invest in new opportunities at the appropriate time.
Developing a new Service (SaaS) product isn’t as easy as it sounds. It involves a lot of time, efforts and definitely costs which as a founder, you are liable to endure.
Owning and running a Saas business is definitely not a child’s play.
We are here in the last month of this year. It’s time to set some important goals that you need to achieve by next year.
All the fastest growing SaaS startups have this one thing in common: they’re tracking the metrics that matter the most.
If we talk about the present, projects are getting challenging and profit margins are dwindling.
Cash is the lifeblood for any business and one can determine the company’s health just by looking at the cash flows. Continue reading “How Much Cash Should a Small Business Have?”
Every company, big or small, is always concerned about this one thing – managing funds.
Among all the diverse projects you run, do you know which projects are most profitable?
Start-ups are full of chaos. Everything around is uncertain. Continue reading “First 90 days survival tips for web-design startups”
Cash flow is no doubt a vital part of any business especially small ones, but the accurate projections and forecasts of business are something which is needed to get the business moving.
Liquid cash is the most significant factor for growth in any organization and many companies continue to make improvements to managing their overall working capital.
India’s Consumer Price Index ( CPI ) growth was measured at 5.0 % YoY in Jun 2018 which when compared to that of May was 4.9 %.
A lot of small businesses don’t have a fixed salary for their owners. They think the profit should be their salary so they don’t include that in pricing etc. Continue reading “Where is your salary business owners?”
The initial years for any business are very crucial for the long-term success, with many challenges to overcome and lessons to be learned.
Nearly two months ago, I shared why web design companies face cash crunches. Today I’ll show you a demo on how you can do that with ProfitBoard: Our cash flow management app for web design businesses.