by david@numbercraft.us | Dec 3, 2024 | Latest News: Financial Planning
Starting a business without a plan is like setting sail without a compass. While you might eventually reach your destination, the journey will likely be longer and more challenging. A well-constructed business plan is essential for guiding your business towards...
by david@numbercraft.us | Aug 14, 2024 | Latest News: Business Finance, Latest News: Financial Planning, Latest News: Investing, Latest News: Personal Finance
Financial models are invaluable tools designed to help you understand and project the financial health of your business. By simulating different scenarios and examining potential outcomes based on various inputs like sales growth, margins, and cash flow, these models...
by david@numbercraft.us | Aug 2, 2024 | Latest News: Business Finance, Latest News: Financial Planning, Latest News: Strategy
Ever felt like the term “current ratio” sounds like something straight out of a high school mathematics class that you’d rather forget? You’re not alone. But here’s the thing – understanding the current ratio can be a game-changer for managing your business’s...
by david@numbercraft.us | Feb 20, 2024 | Latest News: Financial Planning, Latest News: Personal Finance
Inflation – it’s a word that’s been on everyone’s lips recently. Rates are on the rise, and our small business community is feeling it the most. Increased supply costs, a lack of workforce, and dwindling profits are among the challenges faced. Let’s demystify...
by david@numbercraft.us | Jan 6, 2024 | Latest News: Business Finance, Latest News: Financial Planning, Latest News: Personal Finance
Debt can be a significant burden on one’s financial life. It can cause stress, anxiety, and make it difficult to achieve financial goals. However, with a little planning and dedication, anyone can create a debt repayment system and get on the path to financial...
by david@numbercraft.us | Jan 4, 2024 | Latest News: Business Development, Latest News: Business Finance, Latest News: Change Management, Latest News: Financial Planning, Latest News: Management, Latest News: Marketing, Latest News: Strategy
Starting a small business is both exciting and daunting. While the entrepreneurial spirit may drive you to take the leap of faith, the reality is that you may be entering a market that has already attracted some large competitors. It can be intimidating to think about...