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CBILS vs BBLS Blog

CBILS vs BBLS

As we progress through the coronavirus epidemic, we are beginning to see digital agencies seek options for maintaining their cash flow. In response, the government…

Paul Barnes

Working with MAP: How easy is it to switch to MAP? Working with MAP

Working with MAP: How easy is it to switch to MAP?

We consistently see the same situations when agencies are thinking about working with MAP. I know you may have been thinking about moving accountants for…

Will Jarvis

Working with MAP: Are we right for your agency? Working with MAP

Working with MAP: Are we right for your agency?

Does your agency settle for an accountant who helps you stay compliant? One that simply keeps the books, file taxes and meet the obligations that…

Paul Barnes

Understanding your data and finance function Operational finance

Understanding your data and finance function

Getting your team to track their time consistently is no mean feat. If you have managed to achieve that in your agency, give yourself a…

Paul Barnes

What would my agency finance function look like with MAP? Working with MAP

What would my agency finance function look like with MAP?

As an established agency, I know your business has been working with accountants for a number of years before considering your move to MAP. However,…

Rachael Chaddock

How a financial forecast can be a driving force for your agency Financial Forecast

How a financial forecast can be a driving force for your agency

People often confuse forecasting as a plan of the business's financial goals, but a budget is the financial goals and a forecast should be used…

Rachel Moran

4 common mistakes your accountant could still be making Working with MAP

4 common mistakes your accountant could still be making

MAP was born out of a deep frustration. Since opening our doors in 2013 and working with over 130 digital creative agencies in that time,…

Finlay Keigher

Can I have more than one accountant? Working with MAP

Can I have more than one accountant?

No matter where you’re up to in your agency journey, it’s paramount to continually assess that you are surrounding yourself with the right experts who…

David Arden

Hiring an accountant in a different city: distance doesn’t matter to MAP Working with MAP

Hiring an accountant in a different city: distance doesn’t matter to MAP

Outsourcing any part of your business can be scary. Bringing in freelancers to work on important projects for important clients can initially feel like you…

Will Jarvis

Hiring a niche accountant: Why your digital creative agency should move to MAP Working with MAP

Hiring a niche accountant: Why your digital creative agency should move to MAP

I know you and your agency might already work with an accountancy firm, and you could be thinking that moving to MAP might be a…

David Arden

How to calculate ‘true’ agency profitability: Part 4 – How profitable are your projects? Becoming Profitable

How to calculate ‘true’ agency profitability: Part 4 – How profitable are your projects?

We’ve now looked at calculating the cost per hour of your team, analysing client profitability, and establishing whether your team are spending time in the…

Paul Barnes

Drive Tax Planning Opportunities From Mastering Your Cash Flow Cash Flow

Drive Tax Planning Opportunities From Mastering Your Cash Flow

Cash flow is the lifeblood of any business. You can’t survive without it, but with it, you can make considered commercial decisions from a place…

Abusina Qureshi

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

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

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

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

The Real Reason Your Client ISN’T Paying Your Invoice 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

How to Grow Your Project Based Agency Sustainably in Three Steps 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

Achieve Consistency in Your Cashflow with Chaser 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

3 Steps To Better Financial Performance For Your Agency 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