Consumer Services - Boulder, Colorado, United States
Ledgerfire is the only "managerial accounting" cloud-based platform that gives small and medium business owners a "windshield perspective" to better project, budget and manage the financial health of their business.Ledgerfire not only synthesizes the business financials, but the owner's personal financial data to calculate more precisely the overall financial condition of the business – a function no other system offers. Ledgerfire will give 3 baseline financial ratios needed for clear and useful financial data to accurately budget and project for any small or medium business.1. Business breakeven which included the owner(s)' required salary2. Suggested owner(s)' salary based on financial needs3. Growth rate taking in all the personal and financial data togetherIn addition, the business owner can enter financial scenarios to see the how their financial growth rate and breakeven will change so they can more accurately adjust their financial strategies before hiring a new employee, financing equipment or other assets like real estate.Abacuses worked for centuries and current accounting systems are great for tax filing but Ledgerfire gives the business owner critical tools to run their business with financial ease and confidence.
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