by SumoSum | Nov 27, 2024 | Insights
“assets” by Mike Lawrence is licensed under CC BY 2.0 Attribution 2.0 Generic Deed. 1. What is Asset-Based Financing? Asset-based financing is a lending solution where a business secures funds using its assets as collateral. Commonly used assets include...
by SumoSum | Oct 31, 2024 | Insights
“customer support” by EpicTop10.com is licensed under CC BY 2.0 Attribution 2.0 Generic Deed. Customer Lifetime Value (CLV) is a crucial metric for modern businesses, particularly as customer retention and personalized marketing have become increasingly...
by SumoSum | Sep 28, 2024 | Insights
“balance scale” by winnifredxoxo is licensed under CC BY 2.0 Attribution 2.0 Generic Deed. The debt-to-equity (D/E) ratio is a fundamental financial metric that provides insight into a company’s capital structure by comparing its total debt to...
by SumoSum | Aug 29, 2024 | Insights
“Cash” by Mike Cohen is licensed under CC BY 2.0 Attribution 2.0 Generic Deed. Cash is the lifeblood of any business, playing a critical role in its day-to-day operations and long-term success. While profitability is important, it is the availability of...
by SumoSum | Jul 31, 2024 | Insights
“Money” by Pictures of Money is licensed under CC BY 2.0. Gross margin is a crucial financial metric that indicates the percentage of revenue remaining after deducting the cost of goods sold (COGS). It measures how efficiently a company is producing and...
by SumoSum | Jun 29, 2024 | Insights
“Pop Up Ad Presentation Chalkboard Slide” by Rick B is licensed under CC0 1.0 UNIVERSAL DEED. Maximizing Your Return on Advertising Spend Maximizing your (ROAS) is essential for ensuring that your marketing dollars yield the highest possible returns. One...