Aleksandar Stojanović, MSc.’s Post

Stop using outdated billing practices. It’s time to embrace subscription management. Here’s what you don’t need: 1. Inflexible subscription plans. 2. Manual billing processes. 3. Unsecured invoicing. 4. Lack of trial periods. Here’s what you do need: → Security: Secure invoicing at the start of billing cycles. → Trial Periods: Attract and retain customers with trials. → Flexibility: Customize plans for customers. → Versatility: Different subscription models. Stop relying on manual billing processes. Stop offering inflexible subscription plans. Stop neglecting the importance of secure invoicing. Choose the right subscription model for your SaaS business needs and goals. Mix and match models to create a tailored subscription plan. Flexibility and customer-centric strategies drive success. Are you to take your SaaS business to the next level? (Yes/No) PS. Join 5,000 founders & finance pro's at thestartupfinance.com

Most people struggle with financial statements. (Grab high-res PDF at https://lnkd.in/dhnBJ2NH) But if you avoid these 5 common pitfalls, I guarantee you'll understand better your company's financial health. Ignoring Revenue Insights. → It's your total income from primary operations. Do this instead ↳ Understand all your revenue streams. ↳ Regularly review your income trends. Misunderstanding Cost of Goods Sold (COGS). → These are the direct costs of production. Do this instead ↳ Keep track of all production costs. ↳ Regularly review your COGS for any unusual trends. Overlooking Operating Expenses. → These include selling, general, and administrative costs. Do this instead ↳ Regularly review your operating expenses. ↳ Always budget for these costs. Not Monitoring Net Income. → It's the final profit or loss, indicating overall financial performance. Do this instead ↳ Keep a close eye on your net income. ↳ Use it to measure your company's financial health. Neglecting Cash Flow Statement. → It summarizes cash flows from various business activities. Do this instead ↳ Regularly review your cash flow statement. ↳ Understand cash inflows and outflows from different activities. Understanding these fundamentals can help you navigate your company's financial challenges effectively. Are you ready to level up your financial knowledge? (Yes/No) PS. Join 5,000 founders & finance pros at thestartupfinance.com

"I highly recommend Aleksandar as a speaker." (Mitka just after my keynote on the CFO Tech Stack) Don't just take my word for it. See image below. We were just into the Q&A. And over 25 people left 5-star testimonials. A captivating keynote speech that's built for them. "𝙂𝙧𝙚𝙖𝙩 𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙖𝙩𝙞𝙤𝙣, 𝙘𝙤𝙣𝙘𝙧𝙚𝙩𝙚 𝙬𝙞𝙩𝙝 𝙡𝙤𝙩 𝙤𝙛 𝙖𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙧𝙤𝙢 𝙧𝙚𝙖𝙡 𝙥𝙧𝙖𝙘𝙩𝙞𝙘𝙚." "𝙇𝙤𝙫𝙚 𝙩𝙝𝙚 𝙚𝙣𝙚𝙧𝙜𝙮 𝙩𝙝𝙖𝙩 𝙔𝙤𝙪 𝙜𝙞𝙫𝙚 𝙤𝙣 𝙩𝙝𝙚 𝙡𝙞𝙨𝙩𝙚𝙣𝙚𝙧𝙨!" "𝙄𝙩 𝙬𝙖𝙨 𝙨𝙪𝙘𝙝 𝙖 𝙧𝙚𝙛𝙧𝙚𝙨𝙝𝙢𝙚𝙣𝙩!" I'm not stuffing this post with all the testimonials. (Founders are busy I know) Here's the deal. You → build your event / conference. I → engage your audience. Together → we win. PS. I'm locking in 3 more events for June. We sit together and design a fingerprint speech you love. If that's you drop me a ping now. (See you in the DMs.)

9 Excel Info Functions You Should Know Grab your high-res GIF at https://lnkd.in/dvMJ5Fy8 1️⃣ 𝗜𝗡𝗙𝗢 → Retrieves information about the current operating environment or specific aspects of a cell. 2️⃣ 𝗜𝗦𝗕𝗟𝗔𝗡𝗞 → Checks if a cell is empty and returns TRUE or FALSE accordingly, ensuring data completeness. 3️⃣ 𝗜𝗦𝗘𝗥𝗥𝗢𝗥 → Identifies if a cell contains an error, enabling error handling in data processing. 4️⃣ 𝗜𝗦𝗡𝗨𝗠𝗕𝗘𝗥 → Verifies if a cell contains a number, crucial for numerical analyses. 5️⃣ 𝗜𝗦𝗟𝗢𝗚𝗜𝗖𝗔𝗟 → Determines whether a cell contains a logical value (TRUE or FALSE), aiding in conditional logic. 6️⃣ 𝗧𝗬𝗣𝗘 → Returns the type of data in a cell (number, text, logical, error), supporting data validation. 7️⃣ 𝗖𝗘𝗟𝗟 → Provides detailed information about a cell, such as formatting, location, and content type. 8️⃣ 𝗜𝗦𝗡𝗔 → Checks for the #N/A error in cells, useful in handling missing data efficiently. 9️⃣ 𝗜𝗦𝗧𝗘𝗫𝗧 → Confirms if a cell contains text, assisting in text data management and operations. Leverage these Excel functions to elevate your data analysis and financial modeling skills. Excel is not just a tool, but a skillset that can set you apart in the professional world. Grab your FREE high-resolution pdf guide today! But there's more to learn, especially if you're a founder or CEO. If you're a Founder / CEO and want to escape your Excel hell... Then DM me "Excel" and we'll partner to get you out of the guessing game. (Only taking 3 more folks for June 2024, 2 Spots are already gone)

How do you version control your Budget? • Saved on your work laptop • Check-in/out via SharePoint • Managed with document systems • Controlled via collaboration tools and automation • Advanced setup with collaboration tools, automation, and network drives It didn't seem so long ago when I was just storing 50 budget versions on my laptop 😂 Hope you're all having a great Sunday!

Stop ignoring your SaaS company's cash runway. It's time to extend it. Here's what you don't need: 1. Ignoring revenue optimization pointers 2. Neglecting opportunities to increase ARPU 3. Being passive about improving essential KPIs 4. Poor cost management and resource allocation Here's what you do need: → Efficient cost management and resource allocation skills → Effective tactics to improve KPIs and reduce churn rate → Understanding of revenue maximization methods → Strategies to boost your ARPU Stop hesitating to negotiate better vendor contracts. Stop delaying in optimizing your acquisition and retention strategies. Stop overlooking the potential of expanding into new markets. A healthy cash runway is the lifeline of your SaaS business. Are you ready to extend your company's cash runway? (Yes/No)

The Finance & Accounting Brain with FREE Courses 𝟴 𝗙𝗿𝗲𝗲 𝗢𝗻𝗹𝗶𝗻𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 & 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗖𝗼𝘂𝗿𝘀𝗲𝘀 𝗳𝗼𝗿 𝗕𝗲𝗴𝗶𝗻𝗻𝗲𝗿𝘀 𝟭. 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝘁𝗼 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗮𝗻𝗱 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗦𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 🔗 https://lnkd.in/eeKVjS_5 𝟮. 𝗚𝘂𝗶𝗱𝗲𝗱 𝗧𝗼𝘂𝗿 𝗼𝗳 𝗠𝗮𝗰𝗵𝗶𝗻𝗲 𝗟𝗲𝗮𝗿𝗻𝗶𝗻𝗴 𝗶𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 🔗 https://lnkd.in/e7YyVy9h 𝟯. 𝗙𝗼𝗿𝗲𝗻𝘀𝗶𝗰 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗮𝗻𝗱 𝗙𝗿𝗮𝘂𝗱 𝗘𝘅𝗮𝗺𝗶𝗻𝗮𝘁𝗶𝗼𝗻 🔗 https://lnkd.in/epSw44xR 𝟰. 𝗔𝗽𝗽𝗹𝘆𝗶𝗻𝗴 𝗗𝗮𝘁𝗮 𝗔𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝘀 𝗶𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 🔗 https://lnkd.in/eWHCp42x 𝟱. 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝘁𝗼 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 🔗 https://lnkd.in/e7Gt9Dpm 𝟲. 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗠𝗮𝗱𝗲 𝗙𝘂𝗻 🔗 https://lnkd.in/eYZjAzcE 𝟳. 𝗙𝘂𝗻𝗱𝗮𝗺𝗲𝗻𝘁𝗮𝗹𝘀 𝗼𝗳 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 🔗 https://lnkd.in/eUzw99Fd 𝟴. 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗥𝗶𝘀𝗸 🔗 https://lnkd.in/eMskpBrA P. S. Interested in startups and finance? Check my free newsletter for more insights: thestartupfinance.com