When you’re starting out on the road toward building your start-up or small business, it’s hard to know where the journey will take you. You can guarantee that there will be a long road ahead, full of ups and downs and twists and turns, but how can you ensure that your final destination is a […]

Liquidity and profitability are two of your business’s most important key performance indicators. In their own way and together, they demonstrate whether your business currently is or can be successful and they indicate your potential for growth and sustainability. Your liquidity has an impact on your profitability and your profitability will have an impact your […]

Starting up and staying in business is not without risk. But with the right understanding of industry metrics, combined with the application of accurate and intuitive financial and business data and analysis, the risks you face can lead to rewards—and the business risks themselves can even be rewarding in their own right.

The iCFO team is proud to announce that our financial analytics tool has passed the standards of leading B2B software review platform FinancesOnline. We receive a positive score from their experts and they commended iCFO for delivering “sound, reliable, and current financial data.” In addition, we received two prestigious awards: Rising Star for 2018 and […]

So, you are considering investing in a budgeting and planning software to help you manage your business’s finances. That is a wise decision. Here are some of the services and functions included in a software package that will benefit your business.

If you are starting a brand new business and you don’t have any kind of budgeting software or financial performance analysis tools, you better be a human calculator with a photographic memory. Between 2013 and 2014, over five percent of surveyed businesses ceased operating because of inadequate cash flow. In fact, as many as 25% […]

Understanding financial ratios is essential to cultivating a healthy business. Between the years 2013 and 2014, 5.2% of surveyed businesses failed as a result of inadequate cash flow or sales. Many of them probably did not even realize the magnitude of their financial problems because they were not able to calculate and interpret their financial […]

The unfortunate reality is that one out of every four businesses fails after its first year in operation. This number increases to 36% after the second year and 50% by the end of their fourth year in operation. About 5.2% of these businesses fail as a result of inadequate cash flow or sales, which happens […]

As many as 25% of new businesses fail after their first year. Between 2013 and 2014, 5.2% of surveyed businesses failed as a result of inadequate cash flow, and financial incompetence is the reason why 46% of businesses cease operating in general. Companies that have no knowledge of pricing, financing, or proper planning are doomed […]