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    Financials

    How to Create Your Cash Flow Analysis for the Year

    To run a financially successful agency you’ll need to keep a close eye on your cash flow. And we don’t just mean how much money is going in or out. To accurately and consistently manage your cash flow you’ll need to understand all the “whys” behind your money movement. This blog post will take you through the three major “whys” of money movement and help you start to get your cash flow analysis on track
    Financials

    Why Setting a Cash Goal Should be at the Top of Your Annual Business Priorities

    True financial management is only effective when you are consistent with your plans. A big part of planning for a stable agency financial future is creating cash goals that can support your business. Your cash goal should encompass all your regular expenditures like bills, employee expenses, and taxes. In this blog post we’ll go over all the tips and tricks you’ll need to start building your cash goals for your future.
    Financials

    Understanding Other Income and Expenses in Financial Statements

    Enhance your understanding of your business's financial health by recognizing the importance of "Other Income" and "Other Expenses" in your financial statements. While revenue and expenses serve as the bedrock of financial reports, these supplementary categories encompass extra sources of income and distinct expenditures that exist beyond the core business operations. Discover how these elements contribute to your company's comprehensive financial standing through identification and calculation.
    Financials

    Predicting Existing Client Revenue for Your Agency

    Revenue is the lifeblood of a business, and understanding how to accurately predict it is essential for any successful organization. The first step to predicting revenue is knowing your existing client revenue. This includes all of the revenue from clients that started working with you before the beginning of your fiscal year.
    Financials

    Your Annual Budget is Your Strategic Plan

    For agency owners, your annual budget is a reflection of your strategic plan. It’s essential to create a budget that not only meets the cash flow needs of the organization but also reflects the goals you want to achieve.
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