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 risk.
Social media is the need of the hour and Its an important part of search engine optimization.
Every web design startup has one major challenge initially- How to acquire new customers?
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.
As we all know, the popularity of SaaS knows no bounds lately and almost all businesses are trying to put their heads into this.
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.
The Project Profitability report is used to monitor the planned and real cost related to a project.
Accounting originated when the first trading started back at 3000BC. It used to keep all exchange information in a book.
Among all the diverse projects you run, do you know which projects are most profitable?
Profitability is best described as the firm’s ability to earn financial profit/gain from a specific project. Continue reading “Project profitability: Overview and key factors”
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?”
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.
Profits are defined as revenue fewer expenses. They may also be referred to as net income. Cash flows, on the other hand, refer to the inflows and outflows of cash for a particular business. Continue reading “How Profits and Cash Flows Are Different?”