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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As a small business, keeping track of your sales is essential. It helps you keep track of performance, your overall success, and gives you insight into your products, services, and even your staffing decisions. A sales tracker can help turn those sales into data you can use to power your business. In this article, we…
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As a small business, you need to have a full and complete understanding of both your income and expenses. That’s why tracking both is pivotal. It helps you stay organized, keeps you prepared for tax season, and builds on your success with a clear and methodical approach to handling your finances. In general, it helps…
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