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Latest from the profitability blog
All financial metrics you need to track in SaaS
Posted on Friday November 09, 2018
All the fastest growing SaaS startups have this one thing in common: they’re tracking the metrics that matter the most. To attain a clear picture of the health of your SaaS business, you must dive down below your standard financial statements and calculate metrics specific to your SaaS business. There are these 6 primary metrics which …
Risks involved in Project Profitability
Posted on Thursday October 25, 2018
If we talk about the present, projects are getting challenging and profit margins are dwindling. With increasing competition nationally and from overseas firms, it is becoming imperative to manage projects with precision and following best practices for financial management. Every business comes across risk threats that could impact their success negatively. With added focus on …
How Much Cash Should a Small Business Have?
Posted on Tuesday October 16, 2018
Cash is the lifeblood for any business and one can determine the company’s health just by looking at the cash flows. An entrepreneur needs cash to pay out salaries of employees and his own, spend in marketing to acquire and retain new customers, invest in equipment and facilities, and pay out rent, buy supplies and to …