Projecting Profitability

Projecting Profitability

“Make your cash flow a key focus.”

How many times have you encountered this particular advice?

Well, given that it’s a really important part of managing any business…

Your agency should commit to having a positive cash flow at all times.

But how can you do that?

> > > Find out how we can help you grow?successes at?your agency

Learn to project profitability.

Your agency should set up a sales pipeline report.

This report will give you details about what revenue will fall on what month. It’ll also detail the expenses that would fall on those months.

This will help you create another report that’ll guide your profitability.

For the next six months…

Twelve months…

And even eighteen months from now.

Needless to say, these reports will show you how present decisions and actions affect your agency.

How will it impact your cash flow, revenue, and profitability?

Here’s how it works...

For instance, the holidays usually make agency owners spend a lot for their team.

To have enough cash flow to cover that, the agency should get clients signed by a specific month...

And to have clients by that month, your team should send out a campaign to promote your services…

By doing this, you’re identifying what you have to accomplish now to meet a future need.

That way, your agency will always have a positive cash flow.

What is your role as the agency owner?

It’s your responsibility to ensure sustainability.

This is why projecting profitability should be YOUR key focus.

You shouldn’t focus on the specific operations of the agency. In fact, you need to always take a step back to keep the overall situation of the agency in mind.

You have to be able to keep your eye on both the present and the future.

If you’re too wrapped up with the present projects, you might miss opportunities in the future.?

You might not see that in 3 months, you won’t have enough cash flow to pay your team.

By learning how to project your profits, you’ll know what decisions and actions to do

right now to meet specific needs in the future.

Do you think you can do that?

If you want us to help you in projecting profitability?Apply to Our Agency Accelerator Program.?We’ll take a look at your agency, find the bottlenecks, and put a plan in place to get where you wanna go.?

Matt Clark

LinkedIn on EASY MODE for B2B businesses. Get 5-10 More B2B Sales Opportunities A Month In Under 90 Days. Managed with Ai in 30 mins a day

3 年

thanks for sharing!

回复

要查看或添加评论,请登录

Robert Patin的更多文章

社区洞察

其他会员也浏览了