Becoming Profitable Archives -

Beyond Bookkeeping: Unlocking Xero’s Potential as a Comprehensive Accounting System

Many businesses view Xero as an efficient bookkeeping tool, great for managing daily transactions and reconciling bank accounts. While it excels in these areas, limiting…

Paul Barnes

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

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

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

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

Becoming Profitable

DON’T start with scale in mind

There's a commonly held belief that when you start a business you should build it with scale in mind. In other words, you shouldn't…

Paul Barnes

Becoming Profitable

More is More: Finding Confidence in Raising Your Prices

Navigating price increases can be the bane of so many business owners’ lives. How do you pull it off successfully without losing all of your…

Joe Stevenson

Becoming Profitable

Bursting at the Seams: What to Do If Your Business is at Capacity & Still Losing Money

A lot of business owners will often fall into the trap of believing that in order to make more money, they need to sell more…

Paul Barnes

Becoming Profitable

Revenue vs Profitability: What’s the Difference & How Can it Help?

Despite what you might think, not everybody who owns a business has ever studied accounting or administration - they instead turn to the experts, delegating…

Paul Barnes

Becoming Profitable

Beyond Bookkeeping: Unlocking Xero’s Potential as a Comprehensive Accounting System

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

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

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

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

Tracking Your Revenue Per Head To Drive Profitability

DON’T start with scale in mind

More is More: Finding Confidence in Raising Your Prices

Bursting at the Seams: What to Do If Your Business is at Capacity & Still Losing Money

Revenue vs Profitability: What’s the Difference & How Can it Help?

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