Tag: cash flow

Financial Management in the creative industries

Financial Management in the creative and cultural industries is all about getting the right financial result by managing your income and expenditure. Many creative entrepreneurs tell me that finance is not their forte; they are driven by a creative passion and find financial management boring or confusing – or both. Creative people are often not …

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Winning in Hard Times

How will creative businesses cope in the economic downturn? That’s a question that I have been asked many times recently, both in the UK and overseas. In response, I make the following points: Though the general economic situation is difficult, the recession will not affect all businesses equally. It is not inevitable that all businesses …

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… and what we didn’t do

The most focused creative enterprises are clear about where they want to go and have a clear vision of the future and exactly what ‘Success’ means. In a ‘Designing Your Creative Business’ workshop for creative entrepreneurs in Taipei, sponsored by the British Council in Taiwan and the Taiwan Design Centre, I suggested a technique to …

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