Welcome back to this training series. In this video, I’m going to show you how to go about building a plan from scratch. I’ll look closer at structuring your plan and how to enter your numbers. But before we start I recommend pausing this video, grabbing a hot beverage of your choice and settling down comfortably as this video is a bit longer than the last one!
In today’s blog post, we take a look at one of the new training videos. This video goes through the basics of Brixx, it’s a great starting point and highlights what you can do in a Brixx plan and how you do it.
The Business Show is over, it’s a new week and we have just about recovered from a couple of intense days at the show last week. Around 16,000 people visited the show on the Wednesday and a similar amount on Thursday. Our bright orange stand was busy from when the doors opened right to the final minutes. We were hard to miss!
Startups by their very nature are breaking new ground. It’s perhaps ironic then that many are founded by entrepreneurs who have trodden this ground before, who know the ropes of setting up a business, driving customer acquisition and finding funding and bringing together positive teams.
We are delighted to announce that the Brixx team will have a stand at the London business show 2017. It’s happening in the Excel centre on the 17th and 18th May. We’ll be there to demo our financial planning software, show off what we have in the pipeline and generally talk all things related to starting up a business with everyone who is going.
A new update went live today with some new automated planning tools to make your life a lot easier. We have new options appearing inside the finance settings of your plan and inside many planning components. These cover VAT , National Insurance and Pension contribution.
The cash flow statement is one of the more common reports used by accountants. It is a measure of all the incoming and outgoing cash activity of the business and is usually estimated at a monthly level. You may think that all that matters is your profit margin but cash flow is critical.
The key difference between a cash flow forecast and another report like the income statement is that it’s all about timing. When cash is parted with or received is vitally important. It will not take into account future sales received on credit. It’s a true reflection of your bank accounts inflows and outflows. Not what might be, but what is.
We have been quietly working away on completely revamping the Brixx dashboard for a while now. We think it’s incredibly important to be able to visualise the future of your business. We’re trying very hard to make this simple and beautiful.
At the same time, we want to deliver something powerful that is really useful for analysing your cash flow forecasts, understanding your future costs and generally being aware of every part of your business.
