Capital Budgeting for Small Businesses
A new van, a second oven, a bigger studio, a software build: big purchases shape your business for years, yet many owners decide them on gut feel and whatever …
Category
Finance
Cash flow, pricing, unit economics and the financial basics every owner should know.
Liquidity Ratios Explained: Current Ratio and Quick Ratio
Can your business pay the bills that are due over the next year? Liquidity ratios answer that question with two quick calculations from your balance sheet. This …
Paying Overseas Suppliers: Foreign Exchange Basics
Buying from a supplier in another country opens up better products and prices, but every payment crosses a currency line. That is where hidden costs, delays and …
Profit First vs Traditional Budgeting: Which Suits You?
Some business owners swear by Profit First, with its row of bank accounts and its rule that profit comes before expenses. Others prefer a traditional budget …
Cost of Goods Sold Explained for Small Businesses
If you sell physical products, one number tells you more about your pricing than almost any other: cost of goods sold, or COGS. It is the direct cost of the …
Cash Reserve Policy: How Much Should Your Business Hold?
Most small businesses have some cash in the bank. Far fewer have a cash reserve policy: a short written agreement that says how much to hold, where it sits, …
How to Raise Prices When Costs Go Up
Your supplier invoices crept up, rent renewed higher and your software bills grew, but your prices stayed exactly where they were. If that sounds familiar, your …