Blog

Becoming Profitable

How to calculate ‘true’ agency profitability: Part 3: How utilised are your people?

In part 1 we talked through calculating the cost per hour of each of your delivery team, and in part 2 we looked at how…

Paul Barnes

Becoming Profitable

How to calculate ‘true’ agency profitability: Part 2: How Profitable are your Clients?

In part 1 we talked through calculating the cost per hour of each of your delivery team. This gives you a base cost to work…

Paul Barnes

Cash Flow

3 Steps To Gaining 12 Weeks of Certainty On Your Financial Position

In a project-based agency, 12 weeks of certainty is about the best you can hope for. Three months is about the limit of true visibility…

David Arden

Becoming Profitable

How to calculate ‘true’ agency profitability – Part 1: Calculating Cost Per Hour

So you’re building an agency. You’re dealing with the day-to-day grind of sales, clients, projects, people and finance. Maybe you’re making some money while you’re…

Paul Barnes

Cash

The Real Reason Your Client ISN’T Paying Your Invoice

If you were to Google “why customers don’t pay?” you would be flooded with information on how to chase the debt and what methods would…

Olivia Cartwright

Agency Growth

How to Grow Your Project Based Agency Sustainably in Three Steps

At MAP we’re big advocates of making the most of what you have before you consider growing any further. Over the years you’ll have built…

David Arden

Cash

Achieve Consistency in Your Cashflow with Chaser

Almost half of invoices are paid late. And one of the biggest issues we see agency owners facing day in and day out is getting…

Olivia Cartwright

Increasing Company Value

3 Steps To Better Financial Performance For Your Agency

Most agency owners have never been business owners before. They were a great designer/developer/marketer and they saw the opportunity of leveraging their skills by setting…

Paul Barnes

Cost Review

Why Reviewing Your Costs Are Just As Important As Driving Sales in Your Business

Plainly, there are two ways a company can increase its profits - increase the revenue OR reduce the costs. Most companies will prefer to drive…

Sam Jedrzejewski

Financial Resources

Financial Resources To Educate And Equip Your Senior Team

One of the characteristics of an entrepreneur is that they have a high level of determination to succeed. When your back is against the wall,…

Paul Barnes

Blog

Panoramic Accounting

Outgrowing your finance function is a normal part of the growth of a business. When you start out, you make do with an accountancy firm…

Paul Barnes

Funding

You Don’t Need Funding to Grow Your Agency

Here at MAP, we work with agencies of all different shapes and sizes. That can be anything from a close-knit team of 5 generating revenue…

David Arden

Blog

Productise Your Way To Profit

There seems to be a perception from speaking to business owners that to productise means to remove the innovation and value that you deliver to…

Paul Barnes

Blog

Agency Dashboards

Everyone is talking about dashboards. It seems to be the latest buzzword for agencies but although the idea of having live, relevant information in your…

Paul Barnes

Becoming Profitable

Tracking Your Revenue Per Head To Drive Profitability

As you grow your agency it’s always going to come with an increasing number of challenges. More people, more clients, more projects, all resulting in…

David Arden

Annual Budget

The 4 Easy To Follow Steps To Perfecting Your Annual Budget Process

So you’re hurtling towards the end of another financial year. It’s been tough. You’ve had some great client wins, lost some clients, your team has…

Paul Barnes

Cash

Why So Many Agencies Struggle To Accumulate Cash

Making money in business is not rocket science. If you have more of it coming in than you have going out then you’ll generate cash.…

Paul Barnes

Culture

A 3 Step Process To Creating A High-Performance Culture In Your Agency

It’s an all too familiar tale for entrepreneurs who own and run digital creative agencies. You jump out of bed every morning thrilled to tackle…

David Arden

Saving Tax

How The 2019-20 Budget Affects Entrepreneurs’ Relief

When it comes to exiting your agency, whether that's a short term or long term goal - you need to be aware of the tax…

Penny Barnes

Directs Loan

Understanding Your Directors Loan Account

As soon as you incorporate your business into a Limited company and become a director of that company, it becomes a separate entity from you.…

Paul Barnes