In number three in our series on financial forecasting, we go on a tour of the ‘big three’ financial reports. They can be a scary prospect! But knowing a few key bits of info can really help you understand these useful tools and give you confidence in your forecasts.
This week – plan sharing is finally here! We have just released a host of new features and two new reports – find out more in this post… 😉
The Cash Flow Forecast is probably the most sought-after financial report – but why is this, and how does cash flow work? We explain it, line-by-line, in our beginner’s guide 🙂
The Profit and Loss Statement is probably THE most confusing of the big three financial reports. But why is it confusing? In this article, I’ll demonstrate how the P&L works and give examples of some common confusions 😀
Today I’ll explain how the direct and indirect statements of cash flows differ, with examples of each. I’ll also discuss why Brixx uses the method it does.
When you first start up a new business, it can feel like you are surrounded by a whirlwind of things to do. Read our guide to find out how to make the best start to your business with a well-informed cash flow forecast.
Startups need watch their burn rate. This article is for you if you haven’t heard the term “burn rate” associated with anything other than exercise before.
Cash flow problems can cause otherwise successful businesses to go bust. This is a truth that bears repeating, which is why this about the third article in which I have repeated it!
Small businesses are especially at risk as they may not have reliable access to sources of finance, having to turn to loans to get them out of trouble, which will, in turn, negatively affect their future cash flow.
I was going to start by saying ‘a picture is worth a thousand words’ – but you all know that one already. Financial charts are great ways to get across the story of your business, even if that story hasn’t happened yet! So rather than just using charts to convey dry information, I’m going to talk about using charts to tell stories.
