Agency CPAs

💡 Struggling with Low Profit Margins at Your Agency? 💡

Many agency owners are in the same boat—but the good news is, you can fix it!

In our latest blog, we cover simple, effective ways to improve your margins:

✅ Set Realistic Profit Margins:
Know the target profit margin for your agency and how to hit it.

✅ Increase Revenue:
Find opportunities to upsell your existing clients and keep them longer.

✅ Cut Unnecessary Costs:
Eliminate tech tools you don’t need, outsource where it makes sense, and automate what you can.

✅ Work Smarter, Not Harder:
Improve your processes and leverage your team’s strengths to get more done.

Ready to get your margins back on track?

📖 Read the full blog for actionable steps.
📺 Watch our quick 5-minute video for more insights!

👉 Click here to get started: https://agencycpas.com/profitability/low-agency-margins/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com

What Can You Do About Low Agency Margins? Struggling with low agency margins? Read our blog to discover actionable strategies to improve profitability, identify key focus areas, and effectively manage your agency's profits

Are you spending too much on subscriptions? 💸

A client recently noticed that 8-10% of their gross revenue was going toward tools like ClickUp, Calendly, and ChatGPT and asked:

Is this too much? What’s the ideal percentage to aim for?

➡️ In today’s quick post, I’m breaking down the numbers and sharing my take on where your subscription costs should ideally sit: https://agencycpas.com/business/spending-on-agency-subscriptions/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com

Are You Spending Too Much on Subscriptions? Find out if your spending on agency subscriptions is within benchmark and learn strategies to streamline costs. Save money today!

💼 Thinking about selling your digital agency? 💼

Exit planning isn’t just about closing a deal—it’s about maximizing your agency’s value and walking away with the best outcome. We specialize in helping digital agencies prepare for 7–9 figure exits.

Here's how we can support you:

📊 Understand Tax Implications
We’ll structure your business to minimize taxes and help you keep more of what you earn.

📅 Create a Long-Term Financial Plan
We’ll develop 5-10 year strategies to keep your business on track for a profitable exit.

📈 Improve Valuation
Optimize your margins, pricing, and workflows to boost your sale price.

✅ Organize Financials
We’ll ensure your books are accurate and ready for buyer reviews during due diligence.

Ready to see what your agency could sell for today? Try our free valuation calculator or schedule a call with us!

👉 Visit our website to get started! https://agencycpas.com/agency-valuation/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com

Find the Right Pricing Model for Your Digital Agency 💰

Pricing is one of the toughest parts of running an agency, whether you’re just starting out or have years under your belt.

➡️ Here’s a quick overview of common pricing models to help you choose the best fit for your business and clients:

1. Fixed Fee / Project-Based: Ideal for clear-scope projects with a predictable price.
2. Value-Based: Charge based on the impact and value you bring.
3. Performance-Based: Earn more as your results improve—but be mindful of potential risks.
4. Hourly: Simple and direct but may limit income growth.

Curious which model works best for your agency? 👉 We're diving deeper into the topic in this week's blog: https://agencycpas.com/business/set-agency-pricing-2024/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com

🎨 10 Tax Deductions Every Creative Should Know About in 2024 💰

We get it—taxes probably aren’t the most exciting part of running a creative business.

➡️ But here's the silver lining: with the right deductions, you can keep more cash in your pocket and invest back into your work!

Our latest blog shares 10 must-know tax deductions for creatives in 2024.

Here’s a quick look at what's inside:

💡 How to claim a Home Office Deduction if you work from a dedicated space.
📸 What counts as Marketing & Advertising Costs—and how to fully write them off.
💻 Why investing in the right Equipment & Software can help you save big.
✈️ Which Travel & Meal Expenses are deductible for business purposes.
📑 How to keep your Contractor Payments legit with the IRS while maximizing deductions.

Curious about the rest? 🌟

Check out the full blog below to dive deeper and save a bit more cash this year.

👉 https://agencycpas.com/agency-owner/10-tax-deductions-for-creatives/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com

Are you an S-Corp owner wondering how much you can deduct for home office expenses this year? 💼🏠

We’ve got you covered with our free Home Office Reimbursement Calculator!

It’s a super easy spreadsheet that helps you figure out your home office expenses and make sure you’re getting tax-free reimbursements under an accountable plan.

Don’t miss out on turning those personal expenses into business deductions—download it from our blog, 'Tax Free Reimbursements for S-Corps – The Accountable Plan,' linked below ⬇️

https://agencycpas.com/profitability/accountable-plan-template-for-agencies/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com

💰 Thinking of Taking Profits from Your Agency?

A client recently asked, “We’ve had a good year and there’s extra cash in the bank. How can we take profits out of the business?”

Great question! Here’s a quick checklist I recommend:

1️⃣ Pay Yourself Regularly – Make sure you’re already taking a reasonable salary, whether you’re an S Corp or a partnership owner.

2️⃣ Set Aside Taxes – Keep 40% of your regular payments for taxes so there are no nasty surprises.

3️⃣ Build a Cash Reserve – Save up about 2 months of operating expenses to keep your agency safe and steady.

4️⃣ Distribute Excess Profits – Once your cash reserve is set, any leftover cash can be distributed to owners.

Want the full breakdown? 📲 Check out today’s blog for more details:

👉 https://agencycpas.com/business/take-profits-from-agency/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com

When Can I Take Profits Out of My Agency This blog covers key considerations of how and when to take profits out of your agency effectively. Make sure you are growing and getting paid as well!

Starting and growing an agency comes with a lot of tough decisions, but having the right support can make all the difference. 💡

Carly, an agency owner, shared how we’ve been able to help her team navigate the challenges of an ever-changing market. We’re proud to be part of her journey and grateful for the trust she’s placed in us.

Thanks, Carly, for the kind words!

Are you keeping track of your billable and non-billable hours as well as you could be? ⏰

Time is money, and in an agency, it’s easy for things to slip through the cracks—whether it’s meetings, admin work, or just getting sidetracked.

And when that happens, your bottom line takes the hit. 📉

We've put together a quick guide on how to track time better and avoid those missed hours.

It’s worth a read if you feel like some of your time (and money) is slipping away.

➡️ Check it out here: https://agencycpas.com/agency-valuation/calculate-billable-hours-in-your-agency/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com

How to Calculate Billable Hours in a Digital Agency Knowing how to calculate billable hours is essential for digital agencies to maintain profitability and transparency. Read here for the best practices to ensure all work is accounted for. Learn how effective tracking can optimize your workflow and boost your agency’s revenue.

Ever wondered how much your digital agency is really worth? Find out in just 1 minute with our easy Agency Valuation Calculator! 🚀

Answer a few quick questions, and you'll get an instant estimate of your agency’s value. ⬇️

https://agencycpas.com/agency-valuation-calculator/?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com