Rethinking Cash Flow Forecasting for Creative and Technical Firms: The HWSC Model
Let’s dive into the HWSC model, a unique approach for small creative and technical firms to manage cash flow. Not exactly GAAP, it integrates various data sources, helping you understand current finances, forecast future cash, and navigate late payments, ensuring your firm’s financial stability and growth.
Should You Work With Part-Time Freelancers with a Day Job?
Having the right people on board is quite important for any business, as they’re responsible for completing the tasks and doing what they can to uplift the company. However, often founders find it difficult to find, hire and retain the best people who are ready to stay with the team for a long time and to give the company all that they can.One of the best solutions to this problem is to employ freelancers to fill in the blanks. If you’re not using freelancers to work on your marketing or other departments, it’s definitely worth considering. After all, it can prove to be much more cost-efficient in the long run.
Cash Flow Forecasting: Your Guide to Financial Mastery as a Growing Firm Owner
Let’s master cash flow forecasting, a vital skill for evolving from a freelancer to a successful firm owner. This guide delves into managing finances, understanding cash flow, predicting income and expenses, and ensuring your firm’s financial health and growth through effective, strategic cash management.
Freelancers 101: Hiring Errors to Avoid
If your advertising agency, web design shop, IT firm or business consultancy is hiring freelancers, you know that everyone will tell you what to do, but is anyone as brave as your friends at Net Net to publish our top 6 don’t dos (or don’ts maybe) for brining them on? We don’t know, so let’s bottom line it with today’s article.
The Best Ways to Pay Freelancers According to Your Schedule
One of a company’s bread and butter and most trusted sources of productivity would be its freelancers. Besides the fact that they are more than capable of delivering their work on time, they are also skilled enough to do it in an exemplary manner. That said, we as company owners are responsible for paying them on time so they wouldn’t feel left out despite their best efforts at work.This may get a bit challenging, as we also have to ensure that they are paid according to our payment schedules. Luckily, we have a lot of options that will allow us to do just that.
4 reasons you should treat internal projects
Internal projects often slip to the needs of the clients in your professional services business. We offer 4 compelling reasons on why you should consider prioritizing internal projects as highly as you do anyone else who is paying you. It’ll help you scale faster and more consistently than ever.
8 Advantages You Can Get from Work Management Platforms
Recent world events have drastically changed the modern workplace. Although in-office work is still essential for some businesses, most workplaces today work in a hybrid setup.A hybrid workplace is where some people work on-site while others work at home on their computers. While this environment offers many benefits, like increased employee autonomy, improved work-life balance, and enhanced mobility, it presents its own set of challenges.In a working environment where part of the workforce is working in-office, and another is working remotely, work management is the primary issue. However, a proper work management platform can address this drawback.
The Importance of Traffic and Project Managers to Ad Agencies
What keeps the work flowing at your agency? Most successful agencies have Traffic Project Managers. It’s a key role to keep cash flow flowing. Find out more in our article!
Boost Teamwork & Productivity with Project Management Tools
Project management tools are used to manage projects and the teams that work on them. They help track progress, allocate resources, share information, communicate updates, etc. It is easy for a project manager to stay on top of things with these great tools! But what about everyone else?These people also benefit from using project management tools because they can see exactly what needs to be done at any given time which means that they can be more productive.In this article, we’ll discuss some benefits of using a project management tool for your agency.
5 reasons why social media is important to make your business known
Social media is a powerful tool for any business owner. It gives you the opportunity to connect with your customers and potential new ones on a personal level, which can be difficult in other marketing channels like email or television ads.There are many ways that businesses use social media to increase their exposure and make themselves known.
