Finance Tips

Cash Flow, Profit and Loss, Finance Tips 12–14 min read

What’s the Difference between Cash and Profit and Can a Business Be Profitable But Still Run Out of Cash?

What’s the Difference between Cash and Profit and Can a Business Be Profitable But Still Run Out of Cash?

Tim Room

01 September 2020

Ever wondered how a business can be profitable but run out of cash? In this article, we cover what is cash and profit and what it means for the health of your business...with...

Finance Tips, Financial Forecasting 38–45 min read

Building up a Brixx plan – a 24 minute demo

Building up a Brixx plan – a 24 minute demo

Robin Booth

05 August 2020

This week we bring you a video demo of Brixx - a "back to basics" tour of the app that will teach you the fundamental principles behind Brixx so that you can get the most out of modelling in the...

Finance Tips 15–18 min read

T-Accounts Explained (With Examples)

T-Accounts Explained (With Examples)

Tim Room

08 July 2020

Welcome to part 3 of 3 in this “Accounting Crunch” series. In this series, we’ll be covering debits & credits, double-entry accounting and T-accounts. Each part will consist of one topic. In this part, we’ll be covering...

Finance Tips 14–16 min read

Calculating Depreciation – Which Method is Best?

Calculating Depreciation – Which Method is Best?

Tim Room

01 July 2020

Got a fancy new asset and not sure on the best way to depreciate it? What even is depreciation? In this article we'll look at the popular depreciation methods with examples and formulas so you can work out the best...

Finance Tips 9 min read

What is Double-Entry Bookkeeping in Accounting?

What is Double-Entry Bookkeeping in Accounting?

Tim Room

24 June 2020

Welcome to part 2 of 3 in this “Accounting Crunch” series. In this series, we’ll be covering debits & credits, double-entry accounting and T-accounts. Each part will consist of one topic. In this part, we’ll be covering double-entry...

Finance Tips 10 min read

What’s the Difference Between Debits and Credits in Accounting?

What’s the Difference Between Debits and Credits in Accounting?

Tim Room

11 June 2020

Welcome to part 1 of 3 in this “Accounting Crunch” series. In this series, we’ll be covering debits & credits, double-entry accounting and T-accounts. Each part will consist of one topic. In this part, we’ll be covering debits and...

Cash Flow, Finance Tips 23–27 min read

6 cash flow confusions that commonly confuddle business planning

6 cash flow confusions that commonly confuddle business planning

James Beer

21 April 2020

Numbers can be open to interpretation, especially if you’re not used to arcane accounting methodologies. Maybe you usually leave the numbers to the accountant, but if you're a decision maker, then at some point you’ve got to figure out what it...

Business, Finance Tips, Startups 25–30 min read

Financial Terms Jargon Buster – A Simple Glossary

Financial Terms Jargon Buster – A Simple Glossary

Tim Room

14 April 2020

When it comes to finance, jargon can quickly become confusing. In this piece, we aim to chop this jargon up into digestible, easy to understand definitions with a simple...

90 Day Challenge, Finance Tips, How to Start a Business, Marketing 14–16 min read

How to Measure the Success of Your Marketing Campaigns

How to Measure the Success of Your Marketing Campaigns

Tim Room

09 December 2019

You've started marketing your product or service. How can you tell if it's doing well or not? Well in this post we'll walk you through how to measure the success of your campaigns with practical...

Cash Flow, Finance Tips, Financial Forecasting 16–19 min read

How to Avoid Making a Mess of Your Cash Flow Forecasts in Excel

How to Avoid Making a Mess of Your Cash Flow Forecasts in Excel

Tim Room

03 October 2019

Spreadsheets are ubiquitous for a reason - you can use them for anything! But with increasing complexity comes the danger of human error. In this article, we look at how to avoid making a mess of your cash flow forecast...

Balance Sheet, Finance Tips 12–15 min read

Gearing Ratios Explained – How to Use Leverage Analysis for Your Small Business

Gearing Ratios Explained – How to Use Leverage Analysis for Your Small Business

Robin Booth

10 September 2019

In the final part of the KPI and Ratio series we're looking at gearing ratios, which reveal the inherent risks in different capital structures. If you're new to the concept of gearing then this is a great primer for these...

Finance Tips 13–16 min read

Liquidity Ratios: How to calculate the most common 3

Liquidity Ratios: How to calculate the most common 3

Robin Booth

03 September 2019

This week, we're looking at liquidity ratios, in the second in our series on KPIs and ratios. We'll cover how to get to grips with these important metrics, how to calculate them and analyse...

Cash Flow, Balance Sheet, Profit and Loss, Budgeting, Finance Tips, Financial Forecasting 35–42 min read

The Ultimate Guide to Financial Forecasting & Business Projections

The Ultimate Guide to Financial Forecasting & Business Projections

James Beer

20 August 2019

Financial forecasting is a crucial business activity - so why isn't everybody talking about it? In this ultimate guide, we bring together the reasons why forecasting is so important and how to go about making realistic forecasts...

Finance Tips 22–26 min read

7 Profitability Ratios and KPIs you need to know

7 Profitability Ratios and KPIs you need to know

Robin Booth

30 July 2019

Profitability metrics are a group of key performance indicators that analysts use to measure businesses. This week we explain profitability and show how these KPIs can be useful to your...

Budgeting, Business Management, Finance Tips, Goal Setting 13–16 min read

How tracking business goals can turn your data into actions

How tracking business goals can turn your data into actions

Robin Booth

02 July 2019

In the first of 3 articles on 'A Beginner's Guide to Variance Analysis', I’m going to explain what actual vs forecast based variance analysis is - and how to plan effectively using...

Cash Flow, Balance Sheet, Profit and Loss, Finance Tips 14–17 min read

Cash Flow, Balance Sheet and Profit & Loss – The Key Financial Reports

Cash Flow, Balance Sheet and Profit & Loss – The Key Financial Reports

Robin Booth

08 October 2018

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...

Finance Tips, Goal Setting, How to Start a Business, Startups 21–25 min read

How to start planning your sales forecast

How to start planning your sales forecast

Robin Booth

17 September 2018

In this article, the second in our series on financial planning in Brixx, I’m going to lay out some practical ways to improve your sales forecasting skills – even if you are an absolute...

Finance Tips, How to Start a Business, Startups 8 min read

Introducing Financial Forecasting

Introducing Financial Forecasting

Robin Booth

03 September 2018

In this new series of articles, I’m going to be explaining how to get the most out of Brixx - and also introduce some basic concepts in financial planning along the...

Business, Business Management, Finance Tips, Marketing, Startups 9 min read

UK & Ireland Conferences 2018 – Finish The Year Strong!

UK & Ireland Conferences 2018 – Finish The Year Strong!

Robin Booth

20 August 2018

Want to stretch yourself and reach your goals? Click to find out about some of the amazing UK & Ireland business conferences taking place in Q4...

Balance Sheet, Finance Tips 10–12 min read

A Beginner’s Guide to the Balance Sheet Forecast Report

A Beginner’s Guide to the Balance Sheet Forecast Report

Robin Booth

11 July 2018

Balance Sheet forecasting is often undervalued when running a business. This week, I go into detail about the Brixx Balance Sheet in this beginner's...

Cash Flow, Profit and Loss, Finance Tips 18–21 min read

How to understand the Profit and Loss Statement and why it’s confusing

How to understand the Profit and Loss Statement and why it’s confusing

Robin Booth

07 May 2018

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...

Finance Tips 8 min read

What is an asset?

What is an asset?

Robin Booth

25 September 2017

Today I’m going to be talking about assets and their place in the financial planning landscape. There are many classifications of asset, which we'll look at in relation to their place on the balance...

Finance Tips, Financial Forecasting 7 min read

How to set up an established business in Brixx

How to set up an established business in Brixx

Robin Booth

18 September 2017

Do you have an established business? If you do, it's important to have a financial plan. The good news is - creating a robust financial model is generally easier for existing business than for startups. As many of our customers...

Finance Tips 16–20 min read

Financial Literacy: A Cheat Sheet for Small Business Finance

Financial Literacy: A Cheat Sheet for Small Business Finance

Robin Booth

24 July 2017

Small business finance is a broad subject. But you don't need a degree to understand your numbers. Let us help you take control of your finances with our handy cheat...

Finance Tips 11–13 min read

Project planning on a financial timeline as an advantage in business planning

Project planning on a financial timeline as an advantage in business planning

Robin Booth

12 June 2017

One of the elements of Brixx that we’re most proud of is the Timeline. Every component in a Brixx plan sits in a particular place in the plan’s Timeline, with a clearly displayed start-point and end-point. This means that any...