To say it has been a challenging time for agencies over recent months would be an understatement. Between budget cuts, shifting client expectations, increasing employment costs and the pressure to do more with less, the last 12 months have tested even the most resilient of businesses. Many agencies have streamlined their teams, tightened delivery processes […]
Why Financial Transparency Matters More Than You Think Read More »
We talk a lot about cash flow and its importance in running a successful marketing or creative agency. From our client conversations we know that it can be one of the most misunderstood areas when running a business and having this blind spot is dangerous. Many agency owners assume that as long as their profit
Cash Flow Essentials: How To Keep More Money In The Bank Read More »
The agency landscape is undergoing major changes. Agency owners are facing increasing challenges from advancing AI technologies, changing consumer behaviours to sustainability being a key consideration and more, all requiring a new approach to resourcing our teams. Rising employment costs, staff shortages and a growing reliance on freelance talent are reshaping how agencies operate. According
How Agency Owners Can Build A Strong But Agile Team Read More »
If you own or manage a marketing or creative agency, you already know that tracking revenue alone isn’t enough. Too many agencies focus solely on hitting revenue goals but neglect the big picture, profitability and cash flow. These are the two key indicators of a healthy business. Financial success requires the right tools, clear systems
5 Strategies to Strengthen your Financial Foundations Read More »
Late payments create unnecessary financial stress, there is no doubt about that, this is particularly true for small to medium-sized businesses and creative agencies. In our article below we would like to share some strategies to encourage prompt payment and help to improve agency cash flow. This survey conducted by SAGE in 2017 across 11
10 strategies to encourage prompt payment and improve cash flow Read More »
Today’s business landscape continues to present many challenges. Cultivating financial literacy within your marketing agency should not just be for the C-suite anymore but should run throughout the whole organisation. Creating a culture of financial awareness and transparency across the entire team can make the difference between thriving and surviving. Let’s dive into why this
8 Steps to Creating an Agency-Wide Culture of Financial Awareness Read More »
As a provider of outsourced finance department for agencies, we’ve seen it all. Time and again, we encounter agencies operating without clear financial visibility – their accounts are in disarray, and the only number they’re tracking is revenue. Even worse, many are basing decisions on inaccurate reports. If this sounds familiar, you’re not alone. Whether you’re
Financial Reporting for Agency Owners: Your guide to success Read More »
CFO for Growth Ltd is a company registered in England and Wales under company number: 13044496. Our registered office is in Henleaze Business Centre, BS9 4PN, Bristol, UK.
