Month: September 2023

Agency Journey Episode 37 (Y17M4)

September 24, 2023
by Peter Kang
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I’m taking some family time this month as we welcomed our son Xander. As a result, I’ve not been as involved day-to-day although I’ve kept up with emails and checked in with my Barrel partners. There’s a lot of down time with a newborn, especially the late nights when I’m rocking the baby for a few hours giving Mel some time to sleep before the next feeding. These moments have been good for catching up […]

Levers to Achieve Project Profitability

September 10, 2023
by Peter Kang
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A couple of notes: The following tips apply mostly to fixed fee design or web/app development projects. However, aspects of these levers can apply to any kind of services business. Achieving profitability on your projects doesn’t necessarily mean your business will be profitable. Other factors like overall team utilization, sales & general admin expenses, and non-billable staff can determine whether or not your agency is profitable. Profitability on projects is a good measure for how […]