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For creative agencies, cash flow is often unpredictable. One month, you’re swimming in cash; the next, you’re scrambling to pay your team. This “lumpy” cash flow is caused by the project-based nature of the work and the all-too-common issue of late payments. Here’s how you can smooth out the bumps and get better control over […]
Many Digital Creative Agency owners worry about cash flow. But sometimes, what looks like a cash problem is really something else. Let’s break it down and see what might be going on with your business money. What’s a Working Capital Cycle? First, let’s look at how money moves through your business: 1. […]