The full financial picture of a company is complicated. But proper accounting is essential for the financial health of your business and its overall potential for longevity. Not every method works for every business, so it’s valuable to understand your options. This starts with the way you record your income and expenses. Read on to discover more about two popular methods of business finance tracking: the cash and accrual methods. We’ll also help you decide which one might be right… read more →
Metrics are an important tool to measure results and drive the right behaviors in a business. The best businesses utilize metrics to improve results and involve staff at all levels in the reporting of these results. However, one mistake that business owners often make is looking only at lagging metrics. In order for metrics to be useful in driving performance results, the business needs to look at leading metrics. The earlier the business can catch issues and problems, the better… read more →
Take a look at the enlightening statistics we’ve collected to help you plan realistically for your business’ future.
Every year, San Diego Business Journal compiles a list of the top 100 fastest growing private companies in San Diego, and this year, Signature Analytics has been nominated! An official list will be announced at the awards ceremony at Paradise Point Resort and Spa on July 13, 2017, and we are honored to make the top 100 list for the 2nd year in a row. In order to qualify for nomination, the San Diego Business Journal reviews such criteria as… read more →
Owning a business is hard, particularly in the first half-decade of its existence. In fact, 20% of businesses fail in their first year, and another 30% collapse by the end of year five. The good news is that with the right strategy and a watchful eye on your business income and expenses, you can avoid closing your doors. The key is to be aware of potential problems and to quash any existing issues. Below you will find the 3 most… read more →
As a business owner, financial data is critical to your success — but only if you know how to interpret the meaning behind the numbers correctly. Most business owners rely on the aid of an accounting team to accurately analyze and organize financial data, but it’s up to you to make smart decisions based on the information they’ve gathered. There are three major financial statements your accounting team will present to you on a regular basis: income statements, balance sheets,… read more →
Each time your accounting team delivers you a profit and loss statement (P&L statement), they’re handing you key insights about your business’ profitability. A P&L statement, also known as an income statement, measures your business’ financial performance over a specified booking period — generally one month, one quarter, or one year. While many business owners and managers feel overwhelmed at the wealth of data on the P&L statement, interpreting this data is essential to making informed business decisions. The good… read more →
StartupNation features Signature Analytics’ article on how to approach startup cash flow downturn. The article covers the following: How to stabilize the company’s cash flow The difference between “cash flow positive” and profitable How to get invoices paid faster Alternative revenue sources Read the full article on StartupNation.
On April 22, 2017, Signature Analytics will be participating in Make-A-Wish San Diego’s 8th Annual Walk For Wishes at Embarcadero Marina Park South. Signature Analytics is excited to participate in the annual Walk For Wishes and to support Make-A-Wish Foundation. Last year, many Signature Analytics employees were able to participate in the walk or donate and we look forward to another successful event! Signature Analytics is honored to support such an amazing organization. Walk For Wishes is a family-friendly community… read more →
We recently held a webinar on how to prepare a roadmap to successfully exit your business, featuring Signature Analytics’ President, Jason Kruger. The webinar covers the following topics: How far in advance of your exit you should start planning Clearly identifying the objectives you desire out of the exit Current company valuation and roadmap to meet exit objectives How to maximize company value for exit Understanding and identifying potential buyers Watch the full webinar below: About Signature Analytics Signature Analytics… read more →