Usage:If you’re looking at alternative financing for your business, you’re likely to see factor rates more often. Interest rates, on the other hand, are standard in traditional, longer-term loans. Transparency:Your factor rate provides immediate clarity on cost and total repayment, while inter...
If you have less than 6 months of "runway", make calculated changes to stay afloat while you brainstorm ways to pivot. Monitoring your burn rate is always worthwhile. If you monitor burn rate regularly, you'll know whether your business revenue "lines up" with your spending. You'll also...
Typically, this can only be calculated after enough time has passed that the business can be reasonably confident a customer won’t return. Which is better: a higher churn rate or a lower churn rate? Generally, a lower churn rate is better, as it means more customers are reordering. What...
Master the art of calculating conversion rates. From understanding what influences conversions to utilizing the best tools you need for your business.
Before signing on the dotted lines for a factor rate loan, you’ll want to understand how factor rates are calculated and how to convert them to an interest rate to make sure you’re getting a fair loan offer. What is a factor rate?
Sales win rates—sometimes also called win percentages—represent the percentage of deals that closed. They help gauge a sales rep’s overall performance in a given reporting period. There are two types of win rates that sales teams use. The first type is calculated based on the number of de...
Make sure the products you’re selling are contributing to that goal. Have a set number that you would like to reach and start moving towards that goal. Use the tools you choose to keep track of that growth and make calculated adjustments as needed. As mentioned previously, keeping track ...
ROAS as it is seen above means Return on Ads spend while ROI means Return on Investment. ROI is calculated by using the profit margin over the total cost of the capital. ROAS, on the other hand, is not about the profit, it simply looks at the total revenue generated by a specific ad...
growth rates are calculated for a firm’s earnings, sales, or cash flows, but investors also look at growth rates for other metrics, such as price-to-earnings ratios or book value, among others. When
Income taxes are a source of revenue for governments. They are used to fund public services and pay government obligations. In addition to the federal government, many states and local jurisdictions also levy income taxes. Certain investments, likehousing authority bonds, are exempt from income taxe...