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    • Planning

    How to Grow Your Agency’s Cash: A Guide for Annual Planning

    Growing your cash reserves takes time, and commitment. But why bother? Well, your cash reserves are your insurance policy if things ever get dicey. It can feel overwhelming to accumulate that amount of money, but don’t worry. If you make a plan and commit to it you’ll be there before you know it. In this blog post we break down the 5 essential steps to growing your cash reserves, without getting overwhelmed.
    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.
    Business Growth

    How Knowing Your Gross Margin Can Help Your Agency Grow

    Unlock the guiding light to business success: the gross margin. This essential metric steers your agency's growth trajectory. By understanding whether your gross margin surpasses 50%, you'll be empowered to make smarter business decisions.
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