Steps to Follow Before Hiring Your Agency’s First Employee
Hiring your first employee is a major step for any small business. It’s important you follow all the legal rules and regulations that are in place for that hiring process so your agency can continue...
Why Profitable Agencies Rock The Boat: Taking The Next Step
Profit margins can be tight in creative agencies, especially with as competitive as the market currently is. However, there are still ways you can increase your agency’s profitability. Before rainy...
The Most Important Financial Metrics for a Creative Agency
Tracking your financial metrics helps give you a clearer picture of where your agency currently stands and how it can improve in the future. It also helps you point out any areas of your business...
Key Financial Reports Ad Agencies Can't Do Without
Ad agencies by nature can be a scrappy occupation. More than most businesses, they need to stay on top of their finances to make sure they stay profitable and operate as efficiently as possible. Part...
5 Tips for Maximizing Profits at Your Digital Marketing Agency
Once you’ve started to see some growth in your marketing agency, the next step is figuring out ways to maintain that growth and make your agency as profitable as possible. In today’s highly digital...
6 Tips to Boost Employee Productivity
Employees are not only one of the most expensive components on your Income Statement, but are also one of the most valuable assets that you have at your disposal. A highly motivated employee is the...
Seven Tips to Maximize Profit in Business
Maximizing profit is what every business owner is looking for. Yet, most businesses fail to survive beyond five years, according to data from the Bureau of Labor Statistics. Whether a start-up or an...
Helpful Tips for Managing a Cash Flow Crunch
Cash flow is one of the most common challenges small businesses face, and one that can be the most difficult to overcome. Business owners often struggle to get customers to pay their invoices on time...
Business Accounting: The Cash vs. Accrual Methods
When it comes to keeping track of a company’s revenue and expenses, there are two methods you can use: the cash method and the accrual method. In most cases, you’ll have the freedom to pick which...
The Top 5 Cash Flow Challenges Small Businesses Face
If there’s one thing that can doom a small business, it’s poor cash flow. One in four small businesses won’t make it out of their first year, primarily because of cash flow issues. More than half...