For our second post detailing the financials of a real Airbnb, we turn to a real member of the BudgetBakers team who owns an Airbnb in Prague, our home city, and who helped us develop our Airbnb Revenue Calculator. They have graciously shared their statistics to give us a sharper picture of what the economics…
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Maybe you’ve stayed in an Airbnb or two. Maybe you’re even a big fan. But have you ever considered investing in your own Airbnb? Many of our readers have probably asked themselves at some point whether running an Airbnb would be a worthwhile investment of their time, money, and energy. Perhaps some have deeply investigated,…
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What's your small business budget? So you’ve got a small business up and running, or maybe you’re thinking about starting one. You know already that half of all small businesses shut down in less than 5 years. Among the top reasons are insufficient financing, and a lack of effective budget management. How can you use Board’s…
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If you’re using Board to analyze your business’s finances, one of the key metrics you’ll see identified right at the top of the dashboard is cash flow. You may at first notice this metric, and not realize how vital it is. In this post we’re going to talk about why cash flow is such an…
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Our new functionality, called Orders, is here to help with: An overview of costs versus expensesHelping keep the track of your current opportunities Analyzing the budget for each order (even the complex ones) Creating an order If you run an IT company, marketing company, or sales department, you need to deal with many contracts - new…
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It’s a question we hear a lot from small business owners: how much cash flow should my business have? While it might vary from business to business, what doesn’t change is just how essential cash flow is going to be to your success. If you don’t have positive cash flow, that’s a red flag that…
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