How Can Agencies Supercharge Profitability in 2022?

The end of the year is a natural time for a little self-esteem. What are your memories of 2021 when 2021 is over? Was it a rolling ride that made the team reach a limit on new customers with different needs and projects? Alternatively, are you happy at the end of the year with a consistent customer list?

Even if uncertainty seems normal, it can be difficult to remain positive during this period of uncertainty. Companies needed to move away from the 2020 growth plan and quickly adapt to new ways of working. There is almost no change in 2021.

However, the facility is professionally commended for its flexibility: its ability to fill resources as needed, turn around, and meet deadlines. Thanks to a flexible culture, agencies have been able to adapt better than most companies have. The fact that the agency has successfully overcome the challenges of the past two years does not mean that it is on the right track. In fact, many agency managers are concerned. They worry about losing money on mismanaged projects, wasting time on inefficient customer management processes, and losing staff due to burnout.

Whatever the situation from the past year, do you have a clear vision for the coming year? How will we build it last year and make 2022 a hopeful and growing year?

Now that we are determined to make 2022 a good year for our companies, the next piece is confusing to understand what was holding you back in 2021.

Distinction of the Award-winning Institution Summer

2021, 163 UK-based institutions participated in the study, highlighting important operational issues that affected their profitability. The results provide a complete picture of a sector that does not fully achieve its potential.

67% of institutions felt that their ability to predict revenue was “very accurate” or “absolutely wrong.”

Only 9% of agencies feel that they are increasing their profits.

More than a third of distributors did not rate payable usage

Less than a quarter of agencies with good team behaviour on 9/10 or 10/10.

How do institutions adapt and adapt to these challenges? Fortunately, none of these problems (including moral ones) can be solved. For example, accurate reporting has been an important obstacle in many institutions, but it does not have to be. Sometimes you can solve a problem by finding the right tool.

Many research institutes have found that it is not possible to produce high quality, consistent reports due to time constraints and the difficulty of managing data. However, in many cases, these same institutions did the hard work. While we have a dedicated platform for generating information at the touch of a button, we collect and process numbers across a wide variety of systems and spreadsheets.

Performance problems can often be solved in a conscious way with a strategy to improve processing. However, if it sounds completely out of control, who has the time to evaluate the effectiveness of their institutional processes? – No worries. Many small, gradual changes can be made to get you on the right track. A project management solution called “good agency tool,”

ALLXOL collaborated with Cactus, Europe’s leading growth consulting agency, to find out. Her report provides practical and practical advice that can be obtained by time-bound agency managers.

Read the report now and get ready for 2022 to be the most profitable year