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We are some of the Profit Nerds, entrepreneurs, designers and developers who believe it shall be really easy to understand the unit economics for small businesses.
Latest from the profitability blog
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 …
10 tips to manage finances for web-design start-ups
Posted on Friday October 12, 2018
Every company, big or small, is always concerned about this one thing – managing funds. An effective financial management is a key to surviving a volatile economy and the industry competition. Small businesses need to exercise caution with their financial decisions from the very beginning. It takes more than just a good idea to run …
Components of a Project Profitability Report
Posted on Saturday October 06, 2018
The Project Profitability report is used to monitor the planned and real cost related to a project. Profitability analysis is a part of the financial analysis that deals in putting measures of profit into perspective. Like for instance: a company that has made a profit of $1 million in the year 2017 doesn’t tell us the details about how …