Business Academy - Baremetrics | Business Academy (4)

Business Academy

How to Value A SaaS Business

When it comes time to part ways with your business, you may look to sell it to someone else. One of the first questions that comes to mind is “how...

Business Academy, Running a Business

Business Academy

Getting your legal ducks in a row

Lawyers. Wait, don’t stop reading yet! The legal stuff seems opaque and boring, but it’s make or break for your company. Avoiding legal troubles when...

Business Academy, Starting a Business

Business Academy

What is Your Business’s Burn Rate?

Cash flow is a major factor in whether or not a business will succeed, and lack of cash flow is the reason 82% of businesses shut their doors for...

Glossary, Business Academy

Business Academy

Content Marketing

What is Content Marketing? Content marketing is a marketing strategy focused on creating consistent, relevant online material valuable to your target...

Business Academy, Marketing Success

Business Academy

Average Contract Length (ACL)

Average Contract Length (ACL) is the average duration of all signed customer contracts. Most SaaS products are biased towards monthly plans....

Glossary, Business Academy

Business Academy

Minimum Viable Product (MVP)

Have a great idea for a SaaS business? Before you quit your day job, you’ll want to be sure the idea will make money. The first thing you need to do...

Glossary, Business Academy

Business Academy

Product Market Fit

It’s been said that the only thing that matters in a startup is achieving Product Market Fit. So what is it exactly? And how do you know when you’ve...

Glossary, Business Academy

Business Academy

Cost of Goods Sold (COGs)

Cost of Goods Sold (COGs) refers to the direct costs of producing and delivering the products you sell. For a business selling physical products...

Glossary, Business Academy

Business Academy

Service Level Agreement (SLA)

Trusting another party to deliver on their promises is never easy. Even established brands with respectable reputations sometimes don’t live up to...

Glossary, Business Academy

Business Academy

What Is Annual Contract Value (ACV) And How Should You Use It?

Modern businesses have access to so many metrics. This is especially true with SaaS, where the entire customer experience happens online.

Glossary, Business Academy

Business Academy

Deferred Revenue

Deferred revenue is cash that you’ve already collected, but revenue that hasn’t been recognized yet.

Glossary, Business Academy

Business Academy

SaaS Billings: A Guide to Understanding Cash and Profitability in 2022

SaaS revenue is a complex topic that warrants your attention regardless of where you are in your startup’s lifecycle.

Glossary, Business Academy

Business Academy

Firing

Hire slowly, fire fast When you’re working at a startup, the cost of an under performer is enormous. Besides their sub-par work, and your personal...

Business Academy, Running a Business

Business Academy

Time to Value (TTV)

Glossary, Business Academy

Business Academy

Freemium business model

Freemium is a pricing model that allows customers to use a limited version of your product for free, in the hope that they will see value in...

Business Academy, Marketing Success

Business Academy

Customer Acquisition Cost (CAC)

There are so many different costs that come with running a business. You need to focus on the costs of manufacturing or delivering a product or...

Glossary, Business Academy

Business Academy

What is Net Promoter Score?

NPS (or Net Promoter Score) is a powerful metric that helps measure and predict customer loyalty. It was created in 2003 by management consultant...

Business Academy, Marketing Success

Business Academy

How to Improve Your Net Promoter Score

If you’re measuring your NPS, you’ll probably want to be improving it too. There’s no real trick to it – to improve customer loyalty, you’ll need to...

Business Academy, Marketing Success

Business Academy

Questions to ask when interviewing for a remote position

As a 100% remote team, we’ve had to become great at interviewing and hiring remote candidates. There are an enormous number of people who think...

Business Academy, Running a Business

Business Academy

Unlimited Vacation Time

The benefits of a flexible vacation policy mean that more companies are expanding their perks to include it. Is it something that could work for you?...

Business Academy, Running a Business

Business Academy

Understanding CAC Payback Period

Nothing in business is free, and acquiring customers can come at a pretty penny.

Glossary, Business Academy

Business Academy

SaaS Quick Ratio

The Quick Ratio of a SaaS company is the measurement of its growth efficiency. How reliable can a company grow revenue given its current churn rate?...

Business Academy, Metrics 101

Business Academy

Daily Active User (DAU)

Daily Active Users, or “DAU”, is a term used for the total number of people who open and engage with a mobile app or web product in a given day.

Glossary, Business Academy

Business Academy

6 mistakes companies make when calculating MRR

Monthly Recurring Revenue (MRR), while theoretically a simple metric to calculate, does have some intricacies and edge cases that can trip...

Business Academy, Metrics 101

Business Academy

MRR (Monthly Recurring Revenue)

Monthly Recurring Revenue, commonly abbreviated as “MRR” is all of your recurring revenue normalized into a monthly amount. It’s a metric usually...

Business Academy