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...
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....
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...
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...
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,...
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...
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,...
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...
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...
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...