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Should you ask prospective clients for THEIR vendor references?

Should you ask prospective clients for THEIR vendor references?

by Karl Sakas | Aug 12, 2020 | Attract Great Clients, Optimize Your Sales Process

During Executive Coaching, an agency owner asked me about whether to require vendor references if a prospect wants client references: “From time to time prospects will ask us for client references to speak to before they will agree to work together. I’ve...

Revenue, raising prices, and employee onboarding: Agency Office Hours Q&A with Karl Sakas

by Karl Sakas | Aug 11, 2020 | Office Hours

Get agency advice on bizdev, pricing, employee onboarding, resource management, and more in the August 2020 episode of Agency Office Hours with Karl Sakas. 1. Growing revenue beyond referrals from your own network [starting at 4:38] 2. Exploring revenue models like...
Agency optimization: Understand the six Agency Roles (and their billable targets)

Agency optimization: Understand the six Agency Roles (and their billable targets)

by Karl Sakas | Aug 5, 2020 | Benchmarking & Optimization, Build a Stronger Team, Scale Your Agency, Work Less Earn More

Agency owners frequently ask me for advice on agency structure and roles, including how to change team structure as they grow. The right approach is unique to your agency, but there’s a universal factor—all agency roles fit into one of six core role categories....
Cost of Sales benchmark: How much should your agency spend on selling?

Cost of Sales benchmark: How much should your agency spend on selling?

by Karl Sakas | Jul 22, 2020 | Benchmarking & Optimization, Optimize Your Sales Process, Scale Your Agency

An agency owner asked me: “What percentage of agency revenue should go directly to the selling process?” As a benchmark, I typically see agency Cost of Sales range from 5% to 20% of revenue. The 5% cost of sales would be for a smaller agency with part-time...
Prepare for employee turnover at your agency… because everyone will leave you eventually

Prepare for employee turnover at your agency… because everyone will leave you eventually

by Karl Sakas | Jul 15, 2020 | Benchmarking & Optimization, Build a Stronger Team

As an agency leader, you face an inevitable reality: 100% of your employees will eventually leave you, whether voluntarily or involuntarily. Agency benchmark: your annual employee turnover should be under 20%. The good news about preparing for [voluntary] employee...
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