Practical articles about business money - in plain language.
Debt tracking works when every debt is recorded separately, with an amount, a counterparty, and a due date, and when debts you owe and debts owed to you sit…
Financial discipline is a handful of simple habits that pull money from every source into one picture: cash in the till, card payments, transfers from…
Seven numbers are enough to see the state of a business. Three show how much you're earning, two show how much cash you have, and two more show where your…
Bookkeeping starts with three things: separate personal and business money, record every transaction, and sort those transactions into categories. Everything…
A financial model is a forward-looking calculation of your business, built so that any assumption can be changed and the result updates instantly. Raise a…
Profitability is profit expressed as a percentage. It shows how many cents of profit come out of every dollar of revenue, capital invested, or assets. That's…
Working capital is the money that's constantly tied up in the day-to-day running of a business: sitting in inventory, waiting to be paid by customers, and…
A payment calendar is a day-by-day forecast of your cash: when and how much comes in, when and how much goes out, and how much is left in the account on any…
Gross profit is the difference between revenue and the direct costs of what you sold. Put simply, it is what remains after paying for the product or the work…
Грошовий потік - це фактичний рух грошей у бізнесі: скільки коштів надійшло і скільки було виплачено за певний період. Клієнт оплатив рахунок - гроші надійшли…
Кредиторська заборгованість - це все, що ваш бізнес винен іншим: постачальникам за товар, підрядникам за роботу, банку за кредит, державі за податки, а часто…
Net profit is the financial result of your business after all expenses have been deducted from revenue: materials, salaries, rent, taxes, bank fees, and other costs incurred during a specific period.