Outsourced Accounting Services for Marketing Agencies
Summit CPA's Virtual Accounting Blog
by Hannah Hood
2d ago
Digital marketing agencies can refer to different kinds of businesses, including design-dev agencies, advertising agencies, SEO-ppc agencies, as well as product-only ..read more
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How Agencies Can Thrive During Downtimes with Business Systems
Summit CPA's Virtual Accounting Blog
by Hannah Hood
2w ago
Like many small businesses, agencies are cyclical. Nobody knows this better than Tom Conlon, Founder and CEO of North Street Creative, a branding and design agency serving a variety of businesses going through moments of business change.   ..read more
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Mastering the Art of Agency Growth: Lessons from Brad Ferris
Summit CPA's Virtual Accounting Blog
by
1M ago
Creative Agency Success Show Podcast Episode 143 ..read more
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Is Your Sales Process Lengthening? Do You Know Why?
Summit CPA's Virtual Accounting Blog
by Hannah Hood
1M ago
When your days-to-close increase, it’s easy to point a finger at the prospect: Businesses have less cash in the bank, especially now that PPP money has all been spent. They come to sales calls with more stakeholders and take longer to align on solutions. With more cooks in the kitchen, things inevitably slow down ..read more
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2024 Year in Review
Summit CPA's Virtual Accounting Blog
by
1M ago
Creative Agency Success Show Podcast Episode 142 ..read more
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What is the Breakeven Point for Your Business?
Summit CPA's Virtual Accounting Blog
by
1M ago
One very useful tool for a business is a “breakeven analysis.” What exactly is a breakeven analysis? It’s similar to what you think of it as for your personal finances (bills equal income coming into your household). Your breakeven point is when your business costs equal business income. There are no profits, but there are also no losses. The breakeven point will give you an idea of where your business is and where it can go. Often, businesses are first aiming to breakeven (often for the first year of ownership), then make profit once this point has been hit. Your breakeven analysis is the fi ..read more
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Leveraging Decision-Making Frameworks to Grow Your Business
Summit CPA's Virtual Accounting Blog
by
1M ago
Learning to manage your team effectively is crucial to your success as a business owner. Successfully overseeing team operations helps ensure that your company provides outstanding service to your clients and happy clients often translate into business longevity. Learning how to manage your staff effectively may include implementing different practices, from establishing beneficial communication strategies to regularly checking in on your team to address problems or concerns before they become larger issues. Either way, becoming an excellent manager will allow you to retain your top talent wh ..read more
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Riding the Entrepreneurial Rollercoaster: Insights from Tom Conlon
Summit CPA's Virtual Accounting Blog
by
1M ago
Creative Agency Success Show Podcast Episode 141 ..read more
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Prepare Your Agency for Sale: M&A Tips from Jonathan Baker
Summit CPA's Virtual Accounting Blog
by
2M ago
Mergers and acquisitions: a situation where you can't be overprepared. With more preparation, you’ll have a more lucrative, smoother M&A process from beginning to end.  ..read more
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Accounts Receivable Days to Accelerate Cash Flow
Summit CPA's Virtual Accounting Blog
by
2M ago
Is your service-based business experiencing inconsistent cash flow that is hard to forecast? Your accounts receivable days might be to blame. Whether you don’t yet have payment terms or aren’t consistently following up on unpaid invoices, not receiving cash on time can cause unwanted side effects.  ..read more
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