Whilst many agency owners are attentive to invoicing, very few are unaware of what their actual revenue figure is as...
Blog.
Marking up third-party costs
I have noticed when reviewing terms over the past couple of years that an increasing number of large company clients are stipulating that agencies must not recharge third-party costs with markup.
Understanding client concentration
In my previous post, I touched on client concentration and the risk that an agency faces when a client makes up over 15% of revenue.
Small agencies will have to file their P&L statement on the public record
It is widely accepted that a client making up 15% or more of your total revenue is risky.
The Autumn Statement: a summary for agency businesses and their shareholders
The Autumn Statement went as expected with the main changes being the tax-free allowances, exemptions and tax thresholds reduced or frozen.
Working with international clients
Many agencies are looking to do more international business to mitigate the impact of the UK recession.
How the weakened pound affects agencies
With the pound struggling against other major currencies, I thought I would outline how I see it affecting UK agency and consultancy businesses.
What the mini-budget means for agencies
As expected, all recent increases and planned increases to tax and national insurance have been reversed but there were a couple of surprise announcements from the mini-budget today.
Liz Truss is the new PM but what will this mean for owner managed limited companies?
Under plans set by Rishi Sunak as Chancellor, corporate tax was to move from a single rate of 19% to effectively three different rates dependent on the taxable profits made from April 2023 (as much as 26.5% for profits made between £50,000 and no more than £250,000).