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Contract Management Systems: Enhancing Operations

By Analytix Editorial Team

September 2, 2014 0 Comments

Contract management systems are a vital component of startups and small businesses.  A contract management system reduces the dependence on manpower and is an ideal set-up where staff is limited and dedicating a resource to manage contracts alone is near impossible.

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Exit or Expansion: Why Business Value Is Vital In Making a Decision

By Analytix Editorial Team

September 2, 2014 0 Comments

Whether it is about exiting a business or expanding it, business valuation is central to the process of buying or selling. A valuation process can help you eventually decide whether it is a good idea to expand in newer directions or to exit the business altogether.

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Project Based Cost Management for Small Businesses

By Analytix Editorial Team

July 1, 2014 0 Comments

Project based cost management can prove to be more effective for a small business.

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5 Areas to Evaluate For Cost Management

By Analytix Editorial Team

July 1, 2014 0 Comments

Cost management can help you keep business expenses within budget, while helping increase overall profitability. Cost management structures are a good way to track the budget.

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Take the Temperature of your Company’s Financial Health

By Satish Patel

June 1, 2014 0 Comments

In any business, a clear understanding of the company’s actual financial performance is critical to success. Measurement strategies and tools should be implemented to track and interpret the numbers generated by a business.

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Red Flags in your mid-year review

By Analytix Editorial Team

May 30, 2014 0 Comments

Mid-year reviews are crucial if you want to avoid nasty surprises at the end of the year. Keep in mind, these reviews may also be attended by the Board of Directors, investors, etc. whom you are accountable to.

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Checklist for Financing

By Analytix Editorial Team

April 24, 2014 0 Comments

Finances are the backbone of a small business. Whether it is cash needed to get the business started or investments needed for growth and expansion, the small business needs to have a plan ready.

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[Infographic] Small Business Bookkeeping – Cost Benefits of Outsourcing

By Analytix Editorial Team

April 3, 2014 3 Comments

One of the biggest challenges for small to mid-sized companies is efficiently managing and updating financial records. The task often falls on the company’s owner who is busy enough trying to run the day to day business functions. If financial record keeping responsibilities don’t fall to the owner, they are often delegated as an additional

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5 Tips to Increase Your Business Profitability

By Analytix Editorial Team

April 2, 2014 0 Comments

Business profitability is a function of several things, including effective management of finances. Here are 5 ways in which you can improve your business profitability.

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Building KPI Reports for Profitability Analysis

By Analytix Editorial Team

April 2, 2014 0 Comments

KPIs (Key Performance Indicators) are a measure of the company’s performance. KPIs may be used to evaluate the company’s performance overall, or within a particular area.

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