The 5 Financial Metrics Top Agencies Get Right w/ Ryan Watson

What’s one mistake you’ve made as an agency leader you’ll never forget?<br/><br/>Several guests on this show have shared the same exact answer:  “I wish I’d invested in my own financial literacy sooner!”<br/><br/>But, what financial metrics should you focus on the most?  <br/><br/>Even if you answer that question—how do you (and your team) impact those financial metrics that matter most for your agency?<br/><br/>To answer these questions, in today’s episode, you’ll hear from Ryan Watson from Upsourced Accounting, where he & the team help agencies just like yours avoid financial pitfalls & achieve financial health.  Ryan’s a former agency COO & CFO himself, so he comes with financial know-how but also real agency life experience.<br/><br/>In today’s episode you’ll learn:The 5 Financial Metrics successful agencies get right (from Upsourced’s own analysis of agency client data)<br/><br/>An introduction to the Hierarchy of Financial Needs (that will help you determine the right financial metric to prioritize right now)<br/><br/>The building blocks to a successful Project Profitability Analysis (which Ryan says is the most important thing you can do to getting a handle on your agency’s gross margin)<br/>Want to watch this episode on YouTube to see the visuals?<br/><br/>Check it out here: Agency Life Podcast on YouTube<br/><br/>Resources Mentioned in This Episode:Connect with Ryan on LinkedIn<br/><br/>Subscribe to the Upsourced Accounting YouTube Channel<br/><br/>The State of Agency Operations Report<br/><br/>Teamwork.com Profitability Reporting<br/><br/>The 4 P’s of Time-Tracking Your Team Won’t Hate<br/><br/>Want to get more content to support your agency life? <br/><br/>Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. <br/><br/>This podcast is brought to you by Teamwork.com.