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...
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....
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...
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...
What’s the Difference Between a C Corp and an S Corp?
When starting a business, one of the first items on your list will be to select the entity under which the company will operate. There are numerous options, including sole proprietorships,...
The Top 5 Benefits of Hiring a Part-Time CFO
When you run a successful business, there usually comes a point where you have grown so much that you cannot handle all the company's financial demands on your own. The business might not have...
Does it Matter Where You Incorporate Your Business?
As you prepare to launch your business, one of the questions you might consider where you should incorporate your company. Some entrepreneurs wish to simply incorporate in their home state,...
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...
An Accurate Valuation is Critical When Selling Your Business
Most small business owners know their company inside and out—that is, except for one important piece of information: how much their company would be worth if they put it up for sale. The process of...