CapEx vs OpEx: What’s the Difference & Why it Matters?
Capital Expenditure vs Operational Expenditure A business’s ability to understand and manage its finances is crucial for sustainable growth and profitability. This involves gaining a clear grasp of the different types of expenditures involved in running a business: Capital Expenditures (CapEx) and Operational Expenditures (OpEx). Understanding Capital Expenditure Capital expenditure or capital expense, is the […]
Simple Interest vs Compound Interest: What You Need to Know
What is Interest Growth? Understanding how interest works is crucial for businesses looking to manage their finances effectively. Whether you’re borrowing money or investing, the type and quantity of interest applied can significantly impact your financial outcomes. But what is interest and interest growth? Interest is the cost of borrowing money or the return on […]
Empowering Law Firm Owners with Financial Insights feat. Brooke Lively on Let’s Talk Paralegal
Catch an enlightening episode of “Let’s Talk Paralegal,” hosted by Eda Rosa, and uncover the remarkable journey of Brooke Lively. Through insightful conversations, Brooke reveals the motivations behind the creation of Cathcap and its profound impact on revolutionizing the legal industry’s financial landscape. Listen to the episode: https://open.spotify.com/episode/1ACtQl2mIHqyz9NcPOFnQX This enriching podcast episode is filled with wisdom, inspiration, and […]
Brooke Lively Talks Driving Law Firm Profits With Data-driven Decisions On SpeakEay’s Podcast
Curious about how to turn your legal expertise into a thriving business? Join host Richard Jacobs on SpeakEasy’s Podcast as he interviews our founder and CEO, Brooke Lively. In this episode, Brooke delves into strategies and insights that can help transform your law firm into a profitable and efficient enterprise. Brooke, who leads Cathcap, our company focused […]
The Difference Between Financial Forecasts and Projections
Financial Forecast vs Projections Planning for the future of your business might sound like a challenge, but it’s essential to understand and track your business’s performance. Every smart business strategy begins with understanding where you are now and where you could be heading. This is where financial forecasts and projections offer a detailed analysis of […]
Podcast Interview: The Data-Driven Approach to Law Firm Marketing – Insights from Brooke Lively
Dive deep into the business of law with Brooke Lively, the visionary founder and president of Cathcap, in an illuminating conversation with Leigh Ebrom, on an episode of Legal Marketing Radio By LaFleur. This riveting discussion delves into the indispensable role of data-driven marketing in shaping the future of law firms and propelling them toward […]
What is a Cost Model? A Guide for Effective Budgeting
What is a Cost Model? Ever wondered what the price tag on customer satisfaction is? Cost models might sound like something only accountants talk about in their sleep, but they’re important for businesses of all shapes and sizes. Simply put, cost models are tools that help businesses understand the costs involved in producing goods or […]
Podcast Interview: Brooke Lively on The Key Drivers Behind a Valuable and Marketable Law Firm
Feeling overwhelmed by the prospect of enhancing your law firm’s value for a potential sale? Struggling to boost your law firm’s sale value? Join podcast host Moshe Amsel on Profit with Law for an in-depth exploration with our founder and financial expert Brooke Lively. Gain crucial insights into transforming your firm into an appealing asset […]
What Is The Difference Between a Comptroller vs. Controller?
What is the Difference Between A Comptroller and A Controller? The terms comptroller and controller are often used interchangeably to describe the senior financial officer responsible for overseeing a business’s accounting operations and financial reporting. Despite the similarity in titles, there are subtle distinctions between the two roles, particularly in terms of specific duties and […]
Are You Planning for Expenses or Are You Planning for Profit?
The Traditional Approach: Expenses First, Profit Last A consistent income stream might be your end goal as a business owner, as this gives you the ability to pay off expenses like labor costs but most quickly come to understand that profit planning is what truly leads to financial health and success. A profit and loss […]
Recent Comments