Insights for inventory businesses

What we learn fixing Cin7, QuickBooks and the financial operations underneath growing inventory businesses.

259 articles // page 18 of 22

Systems and Software

Mastering Small Business Finances: Strategies to Increase Revenue

Managing the finances of a small business can be both challenging and rewarding. With careful planning and strategic decision-making, small business owners can not only maintain a healthy cash flow but also drive significant revenue growth. In this blog post, we’ll explore essential financial management practices and effective strategies to boost your business’s revenue. For more personalized advice, you can always reach out to the experts at Fiskal.

Pierre GoldieMay 29, 20243 min read

Systems and Software

Mastering SaaS Bookkeeping: A Guide by Fiskal - Your Bookkeeping Experts

In the rapidly evolving SaaS industry, precise and efficient bookkeeping is a cornerstone of success. At Fiskal, we understand the unique challenges that SaaS companies face when managing their financial records. Our team of bookkeeping experts is dedicated to helping you streamline your financial processes, ensuring accuracy, compliance, and strategic insights that drive growth. In this blog post, we’ll delve into the essentials of SaaS bookkeeping and how Fiskal can support your business in mastering this critical function.

Jaco RoetsMay 29, 20243 min read

Systems and Software

The Importance of FP&A in SaaS Companies and How Fiskal Can Help

In the fast-paced, ever-evolving world of Software as a Service (SaaS), effective Financial Planning and Analysis (FP&A) is essential for driving growth and ensuring long-term success. FP&A plays a critical role in helping SaaS companies navigate financial complexities, optimize performance and make data-driven decisions. This blog post delves into the significance of FP&A for SaaS businesses and how partnering with experts like Fiskal can enhance your financial strategy.

Johan Van WykMay 28, 20243 min read

Systems and Software

Unlocking Growth: The Role of a Fractional CFO in SaaS Companies

In the dynamic world of Software as a Service (SaaS), financial management is a crucial aspect that can determine a company’s trajectory towards success. For many SaaS startups and small to medium-sized enterprises, hiring a full-time Chief Financial Officer (CFO) may not be feasible due to budget constraints. Enter the fractional CFO – a cost-effective, strategic financial leader who can drive your company’s growth without the full-time price tag.

Pierre GoldieMay 28, 20243 min read

Systems and Software

How SaaS is Revolutionizing Accounting for Small and Medium Businesses

In the digital age, Software as a Service (SaaS) has emerged as a game-changer for small and medium businesses (SMBs), particularly in the realm of accounting. Gone are the days of cumbersome spreadsheets and manual bookkeeping. Today, SMBs can leverage cloud-based accounting solutions that are efficient, scalable, and cost-effective. This blog post explores how SaaS is transforming accounting for SMBs and the benefits it brings to the table.

Pierre GoldieMay 25, 20243 min read

Systems and Software

How to Calculate Projected Sales for a New Business and Create Business Plan Projections

Starting a new business involves careful planning and a solid understanding of your financial goals. One of the most critical components of this process is calculating projected sales and developing comprehensive financial projections for your business plan. Accurate projections can help secure funding, guide strategic decisions, and set realistic goals. In this blog post, we’ll outline how to calculate projected sales for a new business and how to create projections for your business plan.

Pierre GoldieMay 23, 20243 min read

Systems and Software

Understanding the Costs of Hiring a CPA, CFO, or Accountant for Your Small Business

Running a small business involves juggling many responsibilities, and managing finances is one of the most crucial. To ensure your business remains financially healthy and compliant with regulations, you might consider hiring financial experts such as a Certified Public Accountant (CPA), Chief Financial Officer (CFO), or an accountant. But how much do these services cost, and what should you expect for your investment? This blog post will explore the costs associated with hiring a CPA, CFO, or accountant for your small business.

Johan Van WykMay 21, 20243 min read

Systems and Software

Discussing Cash Flow Forecasting and Budgeting

As a Chief Financial Officer (CFO), one of the most critical responsibilities is managing the company’s finances to ensure stability and growth. Cash flow forecasting and budgeting are fundamental tools that provide insights into the company’s financial health and help guide strategic decision-making. In this blog post, I’ll outline the key steps and best practices for effective cash flow forecasting and budgeting.

Jaco RoetsMay 18, 20243 min read

Systems and Software

Effective Ways to Save Money in Your Small Business

Running a small business requires a keen eye for both generating revenue and managing expenses. Saving money can significantly impact your bottom line and ensure long-term sustainability. Here are some practical and effective strategies to help you cut costs and boost profitability in your small business.

Pierre GoldieMay 16, 20243 min read

Systems and Software

A CFO's Perspective: Valuing a Company Based on Revenue

Valuing a company is a multifaceted process that involves analyzing various financial metrics and market conditions. As a Chief Financial Officer (CFO), one of the fundamental approaches I often employ is revenue-based valuation. This method, while straightforward, requires a deep understanding of the business’s revenue streams, industry standards, and growth potential. In this blog post, I will share insights into how to value a company based on revenue, exploring the key factors and methodologies that drive this valuation approach.

Johan Van WykMay 14, 20242 min read

Systems and Software

A Guide on How Small Business Owners Can Pay Themselves

Running a small business is both rewarding and challenging, and one of the crucial aspects of managing your venture is determining how to pay yourself as the owner. Balancing fair compensation for your efforts while ensuring the financial health of your business requires careful planning and knowledge of various methods. This blog post will explore the best ways for small business owners to pay themselves, offering practical tips and considerations to help you make informed decisions.

Pierre GoldieMay 11, 20242 min read

Systems and Software

Best Ways to Raise Capital for a Small Business

Starting a small business requires more than just a great idea; it needs capital. Securing the necessary funds can be challenging, but there are multiple avenues available to entrepreneurs. This blog post explores the best ways to raise capital for a small business, helping you choose the right path to fuel your entrepreneurial journey.

Jaco RoetsMay 9, 20243 min read