The Secret To Project Profitability
Being able to deliver client work profitably is a key building block for growing a sustainable agency. It means you can take on work confidently knowing that it will add positively to your bottom line and that you can make those investments in your team wisely.
However project profitability is something that’s rarely talked about in business circles and there’s very little information out there about what it takes to do it well.
Well I”m going to shed some light on how it’s done.
Like most things in business, it’s not rocket science. It’s doing the basics well and setting up the systems and frameworks so you can do them well, consistently.
Because if you can deliver high quality products, consistently and the right price for you and your clients, you have a recipe for success.
In this video I talk about the three key factors involved in delivering client work profitably.
Reading this while thinking about how http://handyrechnungcasino.com handles its payment flow, the point about consistent systems really resonates. I've seen so many projects slip into unprofitability because we skipped the basics and jumped straight to execution. The reminder to nail down a repeatable framework before taking on more work is something I'm putting into practice immediately.