Metric – The most founder friendly finance app in the world!
Whether you are a new business owner interested in evaluating your startup’s financial position, or if you are an investor performing due diligence before entering an investment agreement with a new firm, it is worth understanding the concepts of Customer Lifetime Value (CLV). Customer Acquisition Cost (CAC) and Customer Lifetime Value (CLV/LTV) are two […]
What is Customer Lifetime Value and Why It’s Important Read More »
When you start running a business, it can become very confusing to keep track of every metric and KPI that is supposed to measure your startup’s success. The truth is that while many metrics are good for getting a general idea of your company’s financial position, very few actually give meaningful, long-term insights into
What is Customer Acquisition Cost and Why it’s VERY Important Read More »
Entrepreneurs striving to take a young business off its feet and running face numerous challenges. A young business may meet an unexpected dilemma as the novice entrepreneur struggles to keep it afloat. What young businesses most dread is a bad decision that might send them dwindling downward. Entrepreneurs should first build a strong business
Benefits of Having an Outsourced Accounting Function for Your Business Read More »
Financial management applies general management principles to plan, organize, direct and control all financial activities in a business. A critically important aspect of a business is to manage its financial activities so that funds are properly procured and utilized. A successful business ensures adequate supply and optimum utilization of funds, safety on investment and a
How to Create a Financial Business Plan Read More »
Many people have a difficult time understanding the difference between cost of goods sold (COGS), and operating expenses. It is normal to feel confused, after all, both are essentially money that is being spent from your business. However, COGS and operating expenses are fundamentally different, and both show different things about your company’s financial
What is the Difference between expenses and COGS? Read More »
