Over the past few years have been particularly difficult for Agencies of all shapes and sizes in the UK. Covid has disrupted our industry and shifted how we work, potentially for a long time. Talking to Agency founders and leaders, it’s clear they have had to prioritise keeping their Agencies viable during the pandemic. But …
Continue reading “How are Agencies adapting to meet new challenges?”
Splendid isolation might inspire artists to do their best work. But it’s a very different proposition for advertising creatives who like to bounce ideas off each other and feed off the buzz around them. On the business side, too, agencies haven’t been working as effectively through the lockdown period. Hardly surprising when clients are markedly …
Continue reading “Regrowing Agency Value – Post Covid-19 Bounce Back”
UK shopping behaviour suddenly changed when the pandemic arrived in the UK and we also noticed how buying patterns across Europe followed the spread of the virus. Not surprisingly, the transformation has also affected a range of asset values and to be honest, has caused us a few challenges when valuing Agency Businesses. Normal valuations …
Continue reading “Covid-19 economic fallout changing Agency Valuations”
Just before Corona Virus so dramatically put the brakes on our industry, and indeed life in general, we were busy undertaking a round of 20-20 Ouragencyvalue interviews. We were literally stopped in our tracks by the outbreak, and it became startlingly clear that a very different ‘agency world’ would emerge from lockdown, to the previous …
Continue reading “Coming Out of Covid-19, A 20-20 Perspective”
As the creative industry continues to experience disruption in every sector, those who take time out from the day-to-day running of their businesses to plan ahead will have the greatest chance of success.
For those of us running Agencies, pitches and helping our Clients transform their businesses
For many Agency founders selling their business is a reward for years of hard work – spent working for Clients
It isn’t unusual for owners of agencies to see the potential proceeds of a business sale as a significant element of their retirement fund. However, it is surprisingly unusual to see an effective action plan designed to make it happen! In fact it is more unusual to see any formal business plan at all in …
Continue reading “Selling up isn’t easy; so what can I do to make it happen?”
In the previous article, the issues around mindset and preparation were considered. In this article, we get a little deeper in to the detail and think about the specifics.
