Finance
![What is portfolio diversification?](https://images.ctfassets.net/40w0m41bmydz/33loAp4caSj6BlCYZFJnGK/ff93eea720ddffd34f559277350b2e09/CDT-878_Organic_content_thumbnail_financial_mgmt_03.png?w=680&h=385&q=50&fm=png)
Explore the effects of diversification on portfolio risk with our simple guide
![What Is Venture Debt?](https://images.ctfassets.net/40w0m41bmydz/2FJ7EXJNWTEbdSvX7G00Ti/363fe4fc00f88e50584ec8b5c005408b/CDT-878_Organic_content_thumbnail_financial_mgmt_02.png?w=680&h=385&q=50&fm=png)
Venture debt is a form of debt financing aimed at early-stage companies
![What is return on equity (ROE)?](https://images.ctfassets.net/40w0m41bmydz/1kQ3ksHVz5b8ki7AyL84ai/0fa548c97de33a4d6e83e55e14ebe897/CDT-878_Organic_content_thumbnail_financial_mgmt_01.png?w=680&h=385&q=50&fm=png)
Return on equity reveals your net income in comparison to shareholder equity
![What is the Relative Strength Index (RSI)?](https://images.ctfassets.net/40w0m41bmydz/1kQ3ksHVz5b8ki7AyL84ai/0fa548c97de33a4d6e83e55e14ebe897/CDT-878_Organic_content_thumbnail_financial_mgmt_01.png?w=680&h=385&q=50&fm=png)
The Relative Strength Index (RSI) is used to measure price changes
![What is equivalent annual cost (EAC)?](https://images.ctfassets.net/40w0m41bmydz/3eElXT4dImlsLYjGKImZNx/6f459d4bf82ba3bf286fc7770096379e/CDT-878_Organic_content_thumbnail_accounting_04.png?w=680&h=384&q=50&fm=png)
EAC is the annual cost of owning and operating an asset over its lifespan.
![What is a good profit margin?](https://images.ctfassets.net/40w0m41bmydz/4MeE0LMPQd9WpaUMAr3Utc/9ccfd42c0f53a69b5fcff6ffa22b6776/CDT-878_Organic_content_thumbnail_growth_02.png?w=680&h=385&q=50&fm=png)
Find out more about what constitutes a good net profit margin, right here
![What is terminal value?](https://images.ctfassets.net/40w0m41bmydz/3lv39jEAGZJMI63ml7KHgk/0d6d0ca5899902cdc0fdf4a15144f1fd/CDT-878_Organic_content_thumbnail_cashflow_04.png?w=680&h=384&q=50&fm=png)
Find out how to do a terminal value calculation, right here
![What is VaR (value at risk)?](https://images.ctfassets.net/40w0m41bmydz/33loAp4caSj6BlCYZFJnGK/ff93eea720ddffd34f559277350b2e09/CDT-878_Organic_content_thumbnail_financial_mgmt_03.png?w=680&h=385&q=50&fm=png)
Value at risk is a financial metric used to estimate the risk of an investment
![What is the liquidity coverage ratio?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/d17fa6b09bcfe02e00cd191edda795d7/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Get the lowdown on LCR with our liquidity coverage ratio summary.
![What is CAGR (compound annual growth rate)?](https://images.ctfassets.net/40w0m41bmydz/5tPd8B199ctdFNRAzHZoOk/5d945255bbbe0273ee5d256e730d19e7/CDT-878_Organic_content_thumbnail_financial_mgmt_04.png?w=680&h=385&q=50&fm=png)
Learn how to use the compound annual growth rate formula right here.
![What Is Revenue Run Rate?](https://images.ctfassets.net/40w0m41bmydz/2FJ7EXJNWTEbdSvX7G00Ti/363fe4fc00f88e50584ec8b5c005408b/CDT-878_Organic_content_thumbnail_financial_mgmt_02.png?w=680&h=385&q=50&fm=png)
Revenue run rate is a great way to predict future financial performance.
![How to Create an Invoice](https://images.ctfassets.net/40w0m41bmydz/6jgeuuOi71Ps3mfQ5hyWek/d35db316c130f1ce5c66cbe610d981a5/CDT-878_Organic_content_thumbnail_payments_04.png?w=680&h=384&q=50&fm=png)
Step by step instructions on creating your first invoice...
![How to Write a Late Payment Email](https://images.ctfassets.net/40w0m41bmydz/4drj4oJAoxaODOTr5qySbh/4a0fe12ce5b28095abb2e5d3fefc6742/CDT-878_Organic_content_thumbnail_payments_02.png?w=680&h=384&q=50&fm=png)
Late payment reminder emails are a valuable tool for chasing up unpaid invoices.
![Invoice vs. receipt: what’s the difference?](https://images.ctfassets.net/40w0m41bmydz/2FJ7EXJNWTEbdSvX7G00Ti/363fe4fc00f88e50584ec8b5c005408b/CDT-878_Organic_content_thumbnail_financial_mgmt_02.png?w=680&h=385&q=50&fm=png)
Explore the difference between invoices and receipts, right here.
![What is a billing cycle?](https://images.ctfassets.net/40w0m41bmydz/2FJ7EXJNWTEbdSvX7G00Ti/363fe4fc00f88e50584ec8b5c005408b/CDT-878_Organic_content_thumbnail_financial_mgmt_02.png?w=680&h=385&q=50&fm=png)
Get the inside track on billing cycles with our short and definitive guide.
![What is annual contract value (ACV)?](https://images.ctfassets.net/40w0m41bmydz/5xFvgvKKPk8PUdxig1s530/da8fddbd3b722f4842a3271aa1d76e07/CDT-878_Organic_content_thumbnail_retention_03.png?w=680&h=384&q=50&fm=png)
Understand the importance of annual contract value to SaaS companies.
![Accounts payable: everything you need to know](https://images.ctfassets.net/40w0m41bmydz/5k4G6L6FU0Su0hb323lJ1M/477fa4933b4d468e63fdd2932ccfecec/CDT-878_Organic_content_thumbnail_cashflow_02.png?w=680&h=384&q=50&fm=png)
Read about accounts payable in a little more depth with GoCardless.
![How to Calculate Principal Payment](https://images.ctfassets.net/40w0m41bmydz/4drj4oJAoxaODOTr5qySbh/4a0fe12ce5b28095abb2e5d3fefc6742/CDT-878_Organic_content_thumbnail_payments_02.png?w=680&h=384&q=50&fm=png)
Principal payments are payments towards the original sum of a loan.
![What are intangible assets?](https://images.ctfassets.net/40w0m41bmydz/5tPd8B199ctdFNRAzHZoOk/5d945255bbbe0273ee5d256e730d19e7/CDT-878_Organic_content_thumbnail_financial_mgmt_04.png?w=680&h=385&q=50&fm=png)
Intangible assets are non-physical items that offer long-term value.
![The importance of COGS for SaaS businesses](https://images.ctfassets.net/40w0m41bmydz/29QbOHiWf7BmGT4qi7Q9as/f2c201dbcea29392fa7c98cf52d781b4/CDT-878_Organic_content_thumbnail_subscription_03.png?w=680&h=384&q=50&fm=png)
COGS refers to the direct costs of selling and delivering your products.
![How does EBITDA help with financial management?](https://images.ctfassets.net/40w0m41bmydz/5tPd8B199ctdFNRAzHZoOk/5d945255bbbe0273ee5d256e730d19e7/CDT-878_Organic_content_thumbnail_financial_mgmt_04.png?w=680&h=385&q=50&fm=png)
EBITDA is used to measure the financial health and stability of your business.
![How to implement value-based pricing](https://images.ctfassets.net/40w0m41bmydz/4MeE0LMPQd9WpaUMAr3Utc/9ccfd42c0f53a69b5fcff6ffa22b6776/CDT-878_Organic_content_thumbnail_growth_02.png?w=680&h=385&q=50&fm=png)
Explore our value-based pricing definition, right here.
![Top 10 international payment gateways](https://images.ctfassets.net/40w0m41bmydz/33LdMfRjCq8PGe1JfsMLqM/007030c63416f7a3e624a9f0aaa0da2d/CDT-878_Organic_content_thumbnail_Internationalisation_04.png?w=680&h=385&q=50&fm=png)
Learn more about the best payment gateway for international payments.
![Accounts receivable: everything you need to know](https://images.ctfassets.net/40w0m41bmydz/3lv39jEAGZJMI63ml7KHgk/0d6d0ca5899902cdc0fdf4a15144f1fd/CDT-878_Organic_content_thumbnail_cashflow_04.png?w=680&h=384&q=50&fm=png)
Understand accounts receivable in more depth with GoCardless.