Financial forecasting is a discipline shrouded in mysticism. How do people make predictions and why do people use it if they are never accurate? In this article we delve into these ideas and uncover why financial forecasting isn’t what you think it is.
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Financial forecasting & modelling is all about trying to predict the future of your business. Something we’re pretty used to at Brixx! We are always attempting to make these predictions as accurate as possible but no one has a crystal ball. You need to use a range of tools and techniques to help explore an […]
If you’re starting a gardening business, you might be thinking about creating a cash flow forecast. You might even have a successful gardening business, but want to grow (pun not intended) and need a cash flow forecast to help you plan and navigate that growth. If you fit into either of these buckets, then you’ve […]
If you’ve found yourself here, you’re probably starting, or looking at starting a dog walking business. Although many people view their dog walking as a hobby and do it for fun, the reality is, if money is changing hands, it is still a business. Now just because it’s a business, that doesn’t necessarily mean you […]
Cash flow forecasting is an essential part of managing and growing your business successfully. It’s crucial for: Highlighting if you are in danger of running out of cash Planning how you’ll spend money to grow your business Creating 3-5 year financial plans for investors Running what-if scenarios to stress test your business Exploring the impact […]
You’ll be often told that cash flow woes kill small businesses. You’ll see a figure of something like 90% of startups don’t make it past their first year due to cash flow problems. Whilst we think this number is a bit over-exaggerated, it’s impossible to deny that cash flow problems are a major factor in […]
Cash flow problems kill startups, cash is king and cash flow problems are also the direct cause of global warming. OK, that last one wasn’t true. But you’ve probably heard the others before, or similarly dramatic proclamations. With how much is written on the importance of cash flow problems, you’d have thought it’s the cause […]
Cindercone is a IT Firm offering a wide variety of technical services, with best in class EDI processing software, custom development services, and integrations to ERP, CRM, eCommerce and EPOS systems. Read all about how Brixx helped Cindercone in a brand new customer story.