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How To Make Profits In Your Digital Agency | Digital Agency Profits That You Can Spend

June 19, 2020
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Digital Agency Profits… Digital Agency Cashflow… As a digital agency owner, do you pay yourself a good salary, then have your digital agency also pay you profits, real profits that you can spend and enjoy?

Most of the agencies we speak to do NOT enjoy profits from their businesses. And there is one simple reason, they do not make it a strategy, they do not shine a light on this. So even when they make profits “on the books” they don’t see the profits make it all the way to their pockets so they can enjoy the benefits. In fact, the profits which are measured “in the books”, actually only seem to create yet another cashflow problem, which is tax…

THE priority of any business should be to create a return for shareholders. There is no other reason for a business to exist. Profits then get paid to shareholders as dividends and the shareholders can then enjoy the dividends, buying new toys and experiences. Your digital agency is no different. After paying you a healthy “owner wage”, your business should then generate profits that are distributed as dividends. The reason most digital agencies do not do this is simple, its that they do not create a strategy to deal with it and they do not execute the strategy to completion.

In this video we share insight in developing your digital agency so it generates profits that go in your pocket, profits you get to enjoy

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