Thinking of changing your accountant?
Overcome the obstacles. Why changing accountant could be the best business decision you ever made.
Are spreadsheets putting the breaks on your agency?
If you are scaling up, or making plans to sell your agency, but are still using spreadsheets to run it, then now is the time to consider moving away.
Managing FX risk effectively in your agency when international politics is increasing volatility
Foreign exchange rates are becoming increasingly volatile in a world where barriers to international markets are reducing. Has your agency business suffered as a result of factors outside your control? Managing foreign exchange risk is emerging as a critical business issue.
5 reasons to track the time you spend on projects
It goes without saying, but I will say it anyway that a basic principle of doing good business is being profitable. At a very simplistic level for an agency this comes down to ensuring that projects are priced in a way that delivers an appropriate profit margin and then delivered on budget.
How to build a Budget for your agency business
If you have not set a budget for your agency before, or if you have but you want to check that it is realistic and is actually going to help your agency successfully grow, then this post is aimed at you. Building a budget is like building a three dimensional Sudoku puzzle, there are so many moving parts that all need to fit together to make sense. In this blog, we have focused on building a profit and loss budget.
Why every business needs a budget
Whether you are worried about a recent change in your business, or you have ambitious plans to grow, it is the budget that will give you comfort that you are making the right decisions.