Grow your temps – without going bust!

Next up in my series of not very sexy topics that are actually critical to your agency success.

Check out my two-minute video, done with my mates over at APositive, where we unpack funding for growing your business profitably.

Some essential tips and a few mistakes to avoid.

• Are you knocking back business because of cash flow?
• Are you taking on low-margin business that is paid on time, without understanding the opportunity cost?
• Revenue is Vanity. Profit is Sanity. Cash is Reality.
• Growing a temp book on low margins, and then being paid late, can send you backwards, fast.
• High-margin business, paid on time, is more profitable even if it costs a bit to fund.
• Don’t reject good business because of cash flow. Get the proper funding in place.
• Get the financing in place early. Before you need it, not when it is urgent to have it.

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