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Lestsgooo Congrats @Daniel Adeeri
Huge milestone Daniel. Congratulations 🎉
Congrats @Daniel Adeeri 🎉
Thanks man!
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Thank you Olaoluwa!
Congratulations Daniel!
Thanks Vincent!
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Thank you Rasel!
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Congratulations Daniel 🎉
The network for creativity
Join 1.25M professional creatives like you
Connect with clients, get discovered, and run your business 100% commission-free
Creatives on Contra have earned over $150M and we are just getting started
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Your customer owes you $20K. Is that really an asset? 🤔
Yes… but only for what you can realistically collect.
An unpaid invoice sits on your balance sheet as Accounts Receivable. But if it’s 90+ days late and you only expect to collect 60%, the honest number is $12K, not $20K. 💸
📌 Book the sale: profit goes up, cash doesn’t
📌 Estimate the risk with an allowance for doubtful debts (IFRS 9 expected credit loss)
📌 Show net receivables, not wishful thinking
Profit ≠ Cash. A business can look profitable and still run out of money.
Anything above what you expect to collect is a hope, not an asset.
👉 Follow for Episode 5: Revenue went up 40%—but your profit went down. Why?
Very interesting and informative series to watch.
Thankyou @Fatima Akbar for sharing.
Honesty = Trust = Money
A long time ago, when I was just starting to work with agencies, I decided to take a copywriting course. It was one of those things that changed the way I look at the world.
One of my favorite lessons was about honesty. When a brand is confident enough to make fun of itself, it...
Congratulations! Way to go!🔥💯
