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. This means that you need to pay yourself from the business, and this is done … Read More

How a Holding Company Can Bring an Added Level of Protection to Your Agency

You’ve been building your agency for a few years now and it has its challenges the same as most do. It can be turbulent at times. Staff come and go in the same way that clients and projects do, and … Read More

How To Attract, Retain and Motivate Your Agency Team Through The Use of an Employee Benefit Trust

High calibre employees are like hot cakes in the digital creative sector at the moment. Every week here at MAP HQ we’re involved in conversations with agency owners on what can be done to attract, retain and motivate key employees. … Read More

The Connotations of Bookkeeping VS The Reality and The Importance of The Role It Plays Within Your Agency

When people think of bookkeeping, the connotations associated with the word aren’t great – boring, laborious, difficult. Here at MAP it’s interesting, streamlined and straightforward. You can know the basic bookkeeping rule – for every debit, there is a credit … Read More

Data Collection Systems – Streamlining Your Financial Information

In order for you to make the key financial decisions in your business, you must first be able to access reliable and up to date information. Our job is to work with raw transactional data from your bank, sales and purchases … Read More

How You Can Get Cash In The Bank By Utilising The Creative Tax Reliefs Available For Your Agency

You might be familiar with R&D tax credits, a popular and often very valuable form of tax relief for the digital creative industry. However, there are other tax reliefs specifically available to the industry that are less known but can … Read More

Find The Profit Opportunities In Your Agency Using Xero’s Cost Centre Reporting

Knowing the profitability of the clients, departments, projects and services in your business is essential for making informed decisions on where you are taking the business. Without this information to hand, your business will be held back from reaching its … Read More

What To Consider When Choosing A Bonus Scheme For Your Agency Team

It’s no secret that one of the biggest problems agencies can face is being able to attract and retain staff. More often than not agencies struggle to motivate and incentivise their team whilst keeping them bought into the overarching purpose … Read More

The Big Deal Benefits Of Outsourcing Your Bookkeeping

The task of bookkeeping is often underestimated in businesses. It appears to be a fast and simple job to get transactions entered into an accounting system, especially now with cloud technology like automated bank feeds and receipt/expense capture apps. But … Read More

How To Overcome 11 Of The Most Common Reasons For Not Getting Paid On Time

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 the money in. Getting paid on time is essential for a company’s cash flow and … Read More