In challenging economic times, when cash funding is drying up and uncertainty looms, it’s crucial for organizations to adopt a resilient and adaptive mindset. Rather than solely pursuing unicorn status (companies valued at over $1 billion), embracing the concept of being a zebra can be a strategic approach to weather the storm. A zebra is […]
Managing cash flow is one of the most important responsibilities there is when burdened with the finance function of a company. Cash flow management is essential to keeping your organization financially healthy and ensuring that you have the funds you need to operate and grow your business. Here are some tips to help you effectively […]
What impact can a Chief Financial Officer (CFO) have for the company? And why do companies need one? This blog answers these questions. The Chief Financial Officer plays an integral role in a company’s growth and financial well-being; however, what tasks do they perform to achieve this? In this blog, we discuss some of the […]
One of the most critical questions that startup founders face is how much money they should raise for their company. The answer is not as simple as a one-size-fits-all solution, as it depends on various factors specific to each company, such as its industry, growth potential, and business model. However, raising too much money can […]
Op 11 oktober 2022 heeft de Belgische regering ingestemd met de federale begroting voor 2023 en 2024, inclusief enkele belangrijke belasting- en socialezekerheids maatregelen. We vatten de maatregelen samen die voor bedrijven gevestigd in België een impact kunnen geven.
When it comes to funding a startup, the options can be overwhelming. From traditional bank loans to venture capital, there are a variety of options for entrepreneurs to explore. But for those looking for more flexible and tailored options especially in these difficult times, alternative sources of funding may be the best route.
As a small to medium-sized enterprise in Belgium, it can be challenging to determine the role you need to fill when it comes to financial management. Three common positions that may come to mind are CFO, controller, and accountant. Although these roles may seem similar, they have distinct differences that can impact your business’s financial success.
In this blog, we bring together the entire mini series into a whole, where we go over financial metrics in full. With this blog, you should gain a basic knowledge to be able to track the financial health of your business properly!
Profitability is an important metric used to measure a company’s success. It is calculated by subtracting a company’s total expenses from its total revenue. A positive profitability indicates that the company is doing well and is generating a net profit.
Net Working Capital (NWC) is a key metric used to measure a company’s liquidity and financial health. It is calculated by subtracting a company’s current liabilities from its current assets.