Have you ever run into a situation where you almost couldn’t pay your employees because cash was so tight? How about failing to make office rent in time and having to pay extravagant late fees? As an agency owner, cash flow is the life-blood of your business. That’s why managing your cash flow is [...]
Financial accounting... I’m sure there are plenty of other captivating problems to tackle in your agency rather than getting lost in your financials. But, as an agency owner, you really must understand basic financial accounting and how it applies to your business if you want a well-rounded view of your agency’s financial health. At [...]
Growing a profitable business requires you to leverage your data, cut through the noise, see the summit and navigate the right path to it. The finance team sits at the intersection of all of this information. Therefore, they should be relied upon to provide the right information and insights to grow revenue and drive [...]
A ND 5 TAX PLANNING MISTAKES TO AVOID... What tax planning strategies are you using for your agency? If the answer is “none”, you may be in trouble... With tax season coming to an end, it’s more important than ever for agencies to start planning for next year. What is your cash management strategy? [...]
With the new tax law changes, it may be important to quickly understand how the new US Federal Tax Bill that was recently passed into law will impact you and your company. While this law primarily impacts US companies and individuals, there are also international considerations such as a new US system of international [...]
Service for equity deals can be great for both parties, but you need to understand the risks and have a structured approach. Right now, we’re in the process of cleaning up another agency’s poorly executed service for equity deals. Unfortunately, we see this all the time. Because they didn’t have the right advice while [...]
Happy Holidays! HOWEVER…if you thought this time of year wasn’t already busy and interesting enough - the newly passed US Federal Tax Bill (12/20/2017) just made 2017 year-end (& 2018) tax planning a lot more interesting (and complex)! The recent tax bill may be the most significant change to the tax system in our lifetimes. [...]
