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...
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 business on an...
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...
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 you haven’t already been contacted by your bank to start working on the paperwork, you most likely will hear from them...
Regardless of what kind of business you are running, understanding business metrics and financial numbers are crucial to running a successful company. You may be lucky enough to have loyal customers, referrals you don’t have time for, and an in-demand product....
Due to the unprecedented time we are living in, the US Government recently authorized the Paycheck Protection Program or PPP. The first round of forgivable loans has closed, and approximately $349 billion was distributed to small businesses across the country. A...
