- Scaling Agencies with Profit
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- Dinner for two?
Dinner for two?
Or a workshop that may pay for itself 500 times over
Going to run some math out loud.
$97.
That's the workshop fee (increases in less than 1 day).
Lower than dinner for two in most cities.
Now - let's say you're running a $300K/month agency, which is right in the middle of the band we're built for. This is what one move from the workshop is worth inside your specific P&L.
Lift your profit margin by one percentage point - one - that's $36,000 a year of additional take-home. The workshop covers 14 distinct ways to move that number. The odds you'd find more than one are high.
If your team is at 52% utilization (which is the average across the agencies we audit, even when they swear it's 80) and we get to 65%, that's roughly the equivalent of two to three full-time hires of capacity you don't have to make. At $80K average loaded cost, that's $160K to $240K of cost you avoid. In one move.
If your monthly churn is 6% and we cut it to 3%, on a $300K base, that's $108K of additional retained revenue over 12 months. Compounding the year after that.
Stack any two of those and the workshop has paid for itself roughly 500 times over before lunch.
Thursday May 14th, 2:30pm ET.
If the math makes sense to you, I'd grab a seat sooner than later.
Nick
