Educational

Franchises Using Calxa

Franchises Using Calxa

Calxa provides a rich source of information for both franchisees and the franchisor. It makes it possible to easily consolidate franchises – either globally or for individual regions.   By generating KPIs for the entire group, franchisors can provide their...
Foundations of Strong Budget Reports

Foundations of Strong Budget Reports

Here are our thoughts on what is required to prepare reliable budget reports. It’s no good presenting reports to your board, manager or your bank that contain errors. This checklist will ensure that you produce good, reliable, board-ready reports.   1....
What is a Working Capital Ratio?

What is a Working Capital Ratio?

Working Capital Ratio is a simple KPI that tells your business health. There’s a variety of numbers to choose from when assessing the health of your business but the Working Capital Ratio is one that’s commonly used. It is relatively simple to prepare. Even without a...
Responding to a Revenue Crisis

Responding to a Revenue Crisis

A revenue crisis can happen to any business. It can have its foundations from an economic downturn or increased competition. On the other hand, it can originate from internal mistakes. Whatever the reason, it is a problem that needs a solution. So, you’ve compared...
Budgets: A GPS for your Business

Budgets: A GPS for your Business

How do budgets guide your business to your planned destination? We often get asked this. A wise man once described accounting as like driving a car using only the rear-view mirror. It gives you a good idea of where you’ve been but very little indication of where you...
Automating your Advisory Practice

Automating your Advisory Practice

Compliance vs Advisory Practice is the question. Everyone’s talking about accountants moving away from compliance. They say the sweet spot is in business advice. However, how many are actually doing that? And moreover, how easy is it to become an Advisory Practice?...