Creative Agency Success Blog

| February 15, 2017

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...

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| February 8, 2017

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...

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| February 1, 2017

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...

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| January 25, 2017

The 5 Most Common Small Business Financial Mistakes (and How to Avoid Them)

    Small business owners must wear a lot of different hats, as they are often heavily involved in nearly all aspects of a company’s operations. However, not all business owners have the background...

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| January 18, 2017

Getting to Know the SBA’s Loan Programs

  For small businesses seeking the access to capital they need to grow and expand, the U.S. Small Business Administration (SBA) offers a variety of loan programs with advantageous terms and...

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| January 4, 2017

How to Tell if Your Business Needs an Outside CFO

  There comes a time for every growing business when the owner is no longer able to take on all of the tasks associated with running the company alone. This is especially true on the financial side...

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| December 21, 2016

Writing Your First Business Plan: A Quick Guide

  When you decide you are going to start your own company, one of the first steps you must take is to prepare a business plan. This document provides a roadmap for the first several years of your...

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| December 14, 2016

Top 3 Accounting Issues Startups Must Address

  If you're preparing to start a new business for the first time, you may not realize just how many hats you're going to be wearing in the early startup phase of a company.   As a startup you’ll...

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| December 7, 2016

Choosing the Right Business Entity for Your Startup

  One of the very first decisions you will need to make when starting a business is the type of structure under which it will operate.   Your company’s legal structure will affect it in many ways,...

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| December 3, 2016

The Importance of Sound Bookkeeping for Your Business

    Bookkeeping—it’s what no business owner wants to spend their nights and weekends doing.    However, we cannot understate the importance of proper bookkeeping when it comes to your small business....

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