Tag: Finance
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Show me the money 💵
This article is part of the newsletter OpenBooks crafted by LiquidCFO and was originally posted in Substack. You can access the original content here. Let’s talk about the largest expense of (almost) every business: salaries. Compensation strategy is one of the things you need to think about early on – since getting this one wrong…
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Are you really profitable?
This article is part of the newsletter OpenBooks crafted by LiquidCFO and was originally posted in Substack. You can access the original content here. Not such an obvious answer in your financials. Let’s understand why…. A lot of startups and businesses hide behind the concept of economies of scale. This concept helps them justify short term losses…
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Cash is (and will always be) king
This article is part of the newsletter OpenBooks crafted by LiquidCFO and was originally posted in Substack. You can access the original content here. Cash is king. No surprise that cash management is also called treasury. A business with no profits but with cash in the bank should be fine – but a business with profit…
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Business Lessons from Rihanna who Went from Bankrupt to Billionaire in a Decade
Lately I have been paying attention to the booming creators economy and how digital influencers are building incredible scalable businesses around their personal brands. More than being a distribution channel, they are re-shaping how we think and behave as consumers – and Rihanna is definitively bringing it to another level of how far digital influencers…
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5 signals that your business need a virtual CFO
When your business revenue surpasses $10 million in annual revenue. Tax and compliance requirements are very complex for your industry. If your business requires a lot of financial planning and analysis, business cases preparation and coordination with several stakeholders for successful coordination. If your business needs to constantly fundraise (either equity or debt) If your…