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KPIs

A Key Performance Indicator is a measurable how effectively a company is achieving key business objectives.

What is Operating Profit?

What is Operating Profit? Operating profit is the amount of profit a business makes before paying tax, interest and any other one off costs or...

Quick Ratio

What is the Quick Ratio? The quick ratio is similar to the current ratio however it excludes stock from the calculation.  This is because stock...

What is Current Ratio?

What is the Current Ratio? Your current ratio tells you whether you have sufficient current assets to meet your current liabilities. In simple terms this...

Debtors Days Ratio

The debtors day ratio is the average number of days it takes for a business to collect cash owed by its customers. How is Debtors...

What is EBITDA?

EBITDA stands for earnings before interest, tax, depreciation and amortisation. It can sound more confusing than it really is, but understanding what EBITDA is...

How to Calculate Your Gross Profit Margin

When you run a business reviewing key financial metrics is vital to monitoring your business health. Having a handle on your gross profit margin...

What is Gross Profit?

Gross profit is a measure of profitability.  It is the amount of profit a business makes after deducting all the costs of associated with...

Freeagent UK Review 2018: Cloud Accounting Software 30 Days Free +...

The Simplest bookkeeping system designed just for freelancers and the self employed. Bank feeds, automation, snap receipts, time tracking, invoicing and much more. Find out more about Freeagent and how I use it in my business to automate my bookkeeping and tracking.