“If we’re so focused on profit, then the easiest thing to do is cut costs – but that can restrict your growth ambitions.”
Are you dealing with profitability problems right now?
It’s definitely proving tough out there.
With higher costs and higher salaries, while also trying to scale, win new biz, and keep your people happy: it’s a constant juggle to keep things above board.
And that’s before we get into the recession, scope creep and tighter budgets…
“Getting to a stable, acceptable level of profitability has been a challenge,” said one agency leader earlier this year. “In the last quarter, it’s dipped a lot.”
In this month’s CEO Summit, we’re talking candidly about profitability and how you’ve been finding things this year.
- Are you struggling to grow and improve your profitability this year?
- What is impacting your numbers and margin? Are you even able to put your finger on the root cause?
- What have you been doing to solve this? Have you seen any improvements?
Come along and discuss how you’re finding things, and whether you’ve hit the profitability barrier recently.
This is a chance to reflect and seek advice from others in the same boat – and don’t worry, it won’t be uploaded to the members’ area, so you can be as open as you like.