4 Brilliant Steps To Understanding Your Agencies Goals

One of the first questions we’ll ask when we meet an agency owner is what the ultimate goal for the business is. Some are looking to sell in X amount of years and have a valuation in mind. Some are … Read More

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What does vision in business actually mean in a practical sense?

Many people talk about building vision, and I am sure that there will be plenty of definitions for what it means, but what does vision in business actually mean in a practical sense? The Definition Of Building A Vision Vision … Read More

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How Understanding Your Numbers Can Help You To Plan For That Big Client Leaving Or Reducing Scope…

A key challenge in any agency is the sheer reliance on the clients that spend the most with you. It might be your biggest 1, 2 or 10 clients, but their overall percentage of your total revenue completely dwarfs the … Read More

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How To Understand & Calculate Your Break-Even Point

Wherever you are on your agency journey, there will be a time when you need to scale back and survive without eating into the retained profit that you’ve built in your business and that’s when you need to be thinking … Read More

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What You Need to Know About P11D’s

It is now that time of year again. New tax year, new forms, new returns that need submitting to HMRC. Some of these can be quite confusing so I am going to give you a quick run through of the … Read More

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Why Most Agency Owners Are Under Constant Stress And The One Financial Device That Reduces It

One of the key challenges of growing an agency is the unpredictable nature of the revenue you generate. Because the work tends to be project based, it can be very difficult to find a happy medium where you have just … Read More

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Recruitment: Technical Fit Vs Culture Fit

Running an accountancy practice, a big part of our recruitment activity involves bringing in people to fulfill various technical roles, but the expectation of an accountant in 2018 has changed significantly. We now see a huge step up in what … Read More

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The Numbers Behind Your Revenue Pipeline – Existing & New Clients

In every agency, it’s important to have a running 90-day view of your revenue pipeline. Your revenue pipeline is everything in addition to already confirmed & signed off work. Even prior to actually pitching you should try to quantify as … Read More

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The KEY Features of The BEST Revenue Forecasts

At My Accountancy Place, we’re on a mission to empower agencies to become the best they can be and to hit all their objectives. We believe that revenue forecasting plays a critical part in giving you every chance of reaching … Read More

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Up Front Billing: A Key Digital Agency KPI

Retained work is the lifeblood of any agency. Monthly retainers might not be particularly exciting in terms of varied work but they help agency owners to sleep at night knowing that part of their monthly overhead costs is covered by … Read More

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