by Jared Surganovich
In this Reach Reporting tutorial, we will show you how to create a profit and loss statement for your business. Whether you use QuickBooks, Xero, Gusto, or import other data, Reach Reporting can help you generate professional and accurate financial statements. What is...
by Jared Ballard
Net profit margin (NPM) is a financial ratio that is widely used to measure the success of a company. It is an essential metric for investors, shareholders, and businesses to determine the amount of profit a company generates from its revenue. NPM is calculated by...
by Jared Ballard
The cash conversion cycle (CCC) is a crucial metric in assessing a company’s financial health. It measures the time it takes for a company to convert its investments into sales and then into revenue. In other words, it accounts for the time it takes for a...
by Jared Ballard
Calculating ARPC Average Revenue Per Customer (ARPC) is a metric that measures the average revenue generated from each customer per month, quarter, or year. While similar to customer lifetime value, it differs in that ARPC is a way to measure the overall health of a...
by Jared Ballard
The Greek philosopher Heraclitus said, “change is the only constant in life.” It doesn’t matter why, when changing times occur, your clients will need your help and your advice. It could be another global pandemic (let’s hope not!), a downturn...
by Jared Ballard
It is coming up on time to start working on your PPP loan forgiveness paperwork. Loans were eligible for forgiveness beginning June 30, 2020. If your bank hasn’t already contacted you to start working on the paperwork, you most likely will hear from them shortly. If...