In case your agency shouldn’t be gathering earned income, progress will gradual, money movement will tighten, and profitability will endure.
Thankfully, income and revenue leakage might be minimized with consciousness, the appropriate instruments (similar to 8am Sensible Spend), and disciplined monetary oversight.
On this webinar, Brittany Hoffmann of 8am and fractional CFO Kelley Brubaker explored widespread sources of revenue leakage — together with sensible, actionable techniques for enchancment.
You’ll be able to register to view the full webinar on-demand here, and browse on for some highlights from the dialogue.
What Your Intestine Can Inform You
In case you suppose your agency is prospering whereas your checking account signifies in any other case, you seemingly have an issue with income leakage. Right here, Kelley explains why.
What Revenue Leakage Seems to be Like
As its title would counsel, revenue leakage might be much like a dripping faucet. Right here, Kelley explains why — and shares the most typical offender she’s seen at legislation corporations.
What to Do First
There are some low-hanging fixes to shore up your agency towards revenue leakage. Right here, Kelley shares one.
Hear the Full Dialog
Trying to make your agency extra worthwhile? Register for the full webinar on-demand here.
The dialogue explores:
• Concrete examples of how revenue leakage can happen
• Pink flags that point out revenue leakage at your agency
• Fast wins you’ll be able to implement straight away
• Lengthy-term methods to maintain enhancements
