Key business health metrics explained in plain words
Key business health metrics in plain words: margin, liquidity, runway, break-even, working capital and debt load, with formulas and a worked example.
Management accounting guides
Cash flow statement explained: a practical guide
What a cash flow statement is, its three activities, direct vs indirect method, a worked example with numbers and the most common mistakes to avoid.
Cash flow, profit and balance sheet: three views of the same money
How the cash flow statement, profit and loss and balance sheet differ, why profit is not the same as cash, and how they connect, with one worked example.
How to move from Excel to a management accounting system: a checklist
How to move from Excel or Google Sheets to a management accounting system: a migration checklist, opening balances, statement import and common mistakes.
Hotel and glamping KPIs: occupancy, ADR, RevPAR, GOPPAR
Occupancy, ADR, RevPAR, GOPPAR and length of stay: formulas, a worked example for a 12-cabin site and tips for tracking KPIs in management accounting.
Management accounting vs financial accounting: differences and how to combine them
How management accounting differs from financial and tax accounting: purpose, rules, frequency and users, and why a small business needs both.
Payment calendar and cash gaps: how to see a shortfall coming
What a payment calendar is, how to build and forecast one, how to spot a cash gap and what to do about it. Includes a worked example and a weekly checklist.
Small business budgeting: from zero in 5 steps
How to build a small business budget from scratch in 5 steps: categories, a baseline from past data, income and expense plan, reserve, monthly plan vs actual.