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CWC 90: Building a strong financial foundation for your agency (featuring Ryan Watson)

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In this episode of Chats with Chip, Ryan Watson of Upsourced discusses the critical role that financial planning has in growing a successful agency.

Ryan explains that the fundamentals that you need to follow will help you in good times, as well as in any possible recession that may (or may not) be on the horizon. He notes that the impact in an economic downturn varies from one agency to the next, so your best bet is to prepare for any outcome.

Chip and Ryan also talk about the difference between tax accounting and business financial planning. They explore some of the things that you should be focused on (as well as a few things that may be misleading indicators of true success).

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About Chip Griffin

Chip Griffin is the Founder & CEO of the Small Agency Growth Alliance (SAGA) and a longtime agency owner and executive. He helps PR and marketing communications agencies build better businesses. Full bio

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Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.