Agencies: managing your cash flow in uncertain times

Never before has the mantra “cash is king” been so important. In these uncharted waters it is vital to manage your agency’s cash flow closely to ensure your business comes out the other side in good health.

At Moore Kingston Smith our team includes directors who have worked in marketing agencies and have hands-on experience of difficult times as well as those who have worked on turnaround projects.

We know that right now you are juggling looking after your teams, trying to predict which income streams will survive and generally keeping your business going. Difficult decisions and trade-offs will need to be made. This document sets out our top tips to help you ensure that cash flow is managed well, so you can survive the impacts of the pandemic and return to thrive once the worst of this is over.

If you would like help with any of the suggestions or have any questions, please contact your Moore Kingston Smith partner who will arrange for one of our corporate finance specialists to get in touch.