It’s often said that turnover is just for show; profit keeps you sane, but cash? Cash is everything. And that’s never been more accurate in the world of Digital Creative Agencies.
Think of cash as the fuel in your agency’s tank. Without it, you’re going nowhere fast.
Too many brilliant agencies hit a dead end because they ran out of cash. It’s heartbreaking. Are you not able to pay your team and your suppliers or even take home your earnings at the end of the month?
That’s a stress nobody needs.
Cash flow in the agency world can be a bit of a rollercoaster. One minute, you’re up, and the next, you’re wondering how to make ends meet until the next project payment comes in. And let’s not forget about keeping up with the latest tech and hiring the best talent to stay on top of your game. All that costs money, and if your cash flow isn’t keeping pace, you’re in for a bumpy ride.
That’s why we’ve developed robust processes and tools to help you keep up with that all-important cash. Check out how AE can support your cashflow