Ever wonder how much cash your business needs to keep on hand? Every business needs cash and most want more of it, but when it comes to cash how do you know when enough is enough? Conventional wisdom says (otherwise known as “they say”) that you should have the cash equivalent of 3 to 6 […]
In our latest video, Susan Richards explains why you should add NRR (Net Recurring Revenue) to your dashboard if your business model is based on recurring customer revenue.
How Confident Are You That You’re Reporting MRR (Monthly Recurring Revenue) Correctly? Like most things in life and business people commonly make the same mistakes. SaaS Founders that have ever been through due diligence – raising money from investors, securing a business loan or selling a business – have likely learned a thing or two […]
Financials for Founders: 4 Key Focus Areas for Business Growth What metrics are best to evaluate for a growing business? If you intend to grow your business by 30% or more in the next year or so we’ve outlined 4 focus areas for growth-oriented financial dashboards for your next quarterly review meeting. Like a 4 […]
Ever wonder if your services are priced correctly for your business? If you own a service-based business, here are 6 tips to pricing your services from a financial perspective. We mention financial perspective because pricing is one of the 4 Ps of marketing. The concept of the 4 Ps of marketing has been around since […]
Budgeting is key to scaling your business and is an essential tool that you should be employing. We have heard a number of reasons why some Founders and small businesses do not create annual budgets. Apparently for some people creating a multi-tab excel document does not rank high in ‘feel good activities’. Here is a […]
Did you miss Techopia Live on May 25, 2021 featuring a conversation with Susan Richards and You.i TV Co-Founder Jason Flick on how to prepare your financials to sell your business? Check it out to hear about the US$100-million acquisition of You.i TV and tips for how tech leaders can be better prepared for a […]
If opportunity knocks – is your business ready to be sold? Could you pass inspection? The market for M&A activity is very high in a number of industries. Opportunities to sell may present themselves when you least expect it. Our advice is that you should be ready to be ready. With that intention in mind, […]
In our latest video, Susan Richards, FCPA, FCMA flies through a dozen ways to fund your startup without giving away a piece of your company.
In this video Susan Richards discusses common challenges for internal accounting and finance teams as well as recommendations on how to overcome them.