Finance

7 posts

Project Length – Why you should measure the duration of your web development projects

As part of my series on simple business metrics, I write this elaboration on metric #6 – Project Length., to wit, how long should a project last from start to finish. This might sound like an odd thing to track, but hear me out.  And yes, I know that longer project lengths can be a sign […]

Track your hourly rate over time to make decisions easier

As part of my series on simple business metrics, here is an elaboration on metric #5 – Overall Hourly Rate Over Time., to wit,  are you more productive per hour than you were in the past?  You won’t know this if you don’t track your hourly rate over time.  It sounds simple, and it mostly it […]

What is the right size for web development projects?

As part of my series on simple business metrics, here is an elaboration on metric #3 – Project Size., to wit,  what is the right size for web development projects for your firm?  The answer is not necessarily “Larger”. I’ve found that my projects consist of varying percentages of: Graphic design Client Management Project Management Web Development […]

When should you invoice for web development projects?

As an elaboration on my simple metrics post from yesterday I’m sharing my personal experience with each metric.  The first metric is “How long do clients take to pay their invoices.”  Why is that important?  The main reason is obvious – your money is safer with you.  And to get paid you must first invoice.  I’ve […]

Six simple business metrics for your web development company

After nine years in business at the best web development shop in Atlanta, here are the simple business metrics I wish I had kept from the beginning. How long do clients take to pay their invoices – it’s easy to overlook, bit if you don’t manage these they can creep up fast and it is […]

Why you should NOT burn your boats, bridges, or escape routes

I recently came across the blog post “Founders: Burn Your Boats” on Hacker News and found it to be the exact wrong advice.  The logic behind the argument is that by removing your escape routes (boats) you are committing totally, and focusing your attention on your startup company, and you will of course be happier. will be […]

The introvert’s guide to getting out of bank fees

Do you wind up paying bank fees because you’re introverted, shy, quiet, or just too well bred to complain about such things?  There’s no need to pay the fees.  Here’s how to get out of them. I recently bounced a check because I chose the wrong account in the online bill paying process (I have […]