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Latest from the profitability blog
Best tips to create your project budget
Posted on Monday June 18, 2018
Project budgeting is the process of allocating or assigning a cost for a particular project. This cost includes all expenses need to run the project like new equipment purchase, employee costs, average delay costs, operating cost etc. Do you know why this project budgeting carries utmost importance for a business? Let’s find out…. Project budgeting …
Structuring your project cashflow – Why do web designing and IT services companies face cash flow issues?
Posted on Sunday May 20, 2018
Here I discussed one part of the problem and how to structure your project cash flow and payment schedules. If you want such clarity use ProfitBoard from SlickAccount for a solid project profitability dashboard. Let me know if I need to produce more such videos on project pricing and profitability.
Why is budgeting a key to small business success?
Posted on Thursday May 10, 2018
Why companies or say start-up companies need a fully fledged budget plan to successfully run their business? But the question is why? What will happen if they just spend money on priority expenses without following any plan? What will be the consequence of this activity? We will answer all above questions and budgeting related confusing …