The advertising and marketing sector is commonly project-driven and individual budgets must be tendered to win work. These budgets must include profit to cover all the company’s overheads. So at advertising, marketing, creative, media and digital agencies, projects must be profitable and every client relationship must deliver maximum commercial value.
Further challenges in the advertising and marketing sector arise from rapid technological change, evolving trends in consumer behaviour and legislation governing issues like data protection and privacy. And that’s without increasingly high client expectations and downward pressures on project budgets.
See our Case Study in the Advertising Association on Advertising Pays.
Find out how our team of accountants and bookkeepers helped this advertising & marketing services business to streamline their accounting and get better results.
We’ll help you maximise profit and overhead coverage through strong budgeting and costing methods. We can also help you maximise productivity through timesheet accounting. And we’ll make sure work in progress (WIP) gets billed in good time and not sit on your balance sheet as un-billed charges.
We have the resources, the experts, the knowledge and experience to help your business grow. And with over 1,000 accountancy clients in the UK and London, the volume of our work allows us to share economies of scale with you.