Digital agency owners will grow their business and increase their bottom line when implementing smart time tracking processes.

If you are growing your service based business and wondering if there is a magic way to know when or if you should hire, you are in the right place.

Job profitability is like teamwork;  it takes a combination of individual players all doing their part for the success of the team overall.

We take you through the process to figure out how much you should be charging clients based on your cost/billable hour and the profit margin you aim for.

How do you know if you are charging enough for your services and maximizing the efficiencies of your workforce? The key is in utilization analysis.

For the digital agency owner ready to maximize their efficiency and profit, let’s take a look at the major elements of professional services accounting.

Recently, our CEO, Brad Ebenhoeh took some time to talk with local Charleston artists and creatives at the Redux Art Center, February 27th.

Unlike service-based businesses, product-based businesses must account for managing inventory. This differentiator requires different KPIs to be monitored.

Service-based business owners must pay attention to key performance indicators that will give them insight into the financial health of their venture.

Both product-based businesses and service-based business owners owners must regularly review their key performance indicators with their accounting team.

There are plenty of accounting and bookkeeping tools available for small business owners and entrepreneurs but our favorite is QuickBooks Online.

Digital agencies struggle with past due accounts, basic tax filing errors and failing to leverage the strategic power of their own balance sheets.