Mike Smith

Profit & Pricing

Revenue: Forecast with Confidence

If you run a digital agency or creative studio, you probably already know that “revenue” is a slippery word. A pound from a retainer client who has been with you for three years is not

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Profit & Pricing

What is your ‘Real’ Gross Profit?

If you’ve ever sat in front of your management accounts and felt a small flush of pride at your “gross profit” line, only to wonder later why there’s never any cash left in the bank,

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Profit & Pricing

How to Price Agency Retainers

Retainers are the closest thing a marketing, digital or PR agency gets to a steady heartbeat. Predictable monthly income makes it easier to plan hiring, manage cash flow and sleep at night. But a badly

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Exit & Valuation

What Are Buyers Looking For?

Most agency owners think about selling the way they think about a big pitch: dust off the credentials, polish the numbers, and hope the room likes you. The trouble is that buyers don’t decide in

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Exit & Valuation

Plan Your EXIT Route

Nobody starts an agency or studio with the sale in mind. You start because you’re good at the work, a client believed in you, and the thing grew. Then one day you’re north of £500K

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Profit & Pricing

Agency Utilisation Rates

You’ve probably heard “utilisation rate” thrown around in board meetings, ops reviews, or that one LinkedIn post that made it sound like the secret to seven-figure profitability. It’s talked about a lot, but rarely explained

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Exit & Valuation

Enterprise Value vs Equity Value

Getting curious about what your agency might be worth?, maybe a competitor just sold, maybe you’ve had an unsolicited approach from a private equity buyer, or maybe you’re just starting to think about your exit,

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Exit & Valuation

What’s Your Agency Actually Worth?

If you’ve ever had a beer (or a glass of wine or a soft drink) with another agency owner and the conversation has drifted to “so what do you think we’re worth?”, you’ll know it

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VAT & Tax

Roblox DevEx Payouts and UK VAT

If you run a UK limited company building games on Roblox, or doing contract work for studios and brands on similar platforms, you’ve probably wondered whether VAT is about to become your problem. Particularly when

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Profit & Pricing

Improving Profit at Your Agency

If you run a digital agency or creative studio, you’ll know the feeling: the diary’s full, the team’s stretched, new projects are landing, and yet the bank balance at month-end doesn’t quite reflect all that

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