Predict with Cashflow Forecasts

Managing cash flow is a vital part of running a successful agency. Some agency owners think managing cash flow simply means keeping track of how much money enters and leaves the firm, but there’s actually more that goes into it. Cash flow forecasting, for example, is an incredibly valuable tool that helps you anticipate cash flow issues, plan for days when your cash flow is limited, and show the bank…  Read more

CARES ACT – Paycheck Protection Program

The most important part of the CARES Act that will apply to your business is the Paycheck Protection Program (section 1102 p. 9)​ What is it? It’s a forgivable loan (basically a grant) for you to retain employees. Businesses with less than 500 employees are eligible for this. It’s designed to cover payroll and overhead costs for eight weeks. How much? The maximum amount is up to 2.5x of an employer’s average…  Read more

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