You’ve nurtured, fed, hovered over, and perhaps spent every waking minute working on and worrying about your agency. Meanwhile, your agency people, who helped you to grow the business ...
read moreWho Will Buy Your Agency?
Many agency principals have the notion that when they wish to retire, they can sell their agencies to a larger agency, collect their money and start playing golf. While this ...
read moreCreating a Five-Year Exit Plan: Part 3
In Creating a Five-Year Exit Plan: Part 2, we discussed assessing your goals against agency performance to identify areas where you need to improve to meet your goals. In Step ...
read moreCreating a Five-Year Exit Plan: Part 2
In Creating a Five-Year Exit Plan: Part 1, we discussed setting goals as the first step in developing your exit plan. Step 2 is reviewing those goals against current agency ...
read moreCreating a Five-Year Exit Plan: Part 1
Editor’s note: Recently a number of agency principals have asked us about exit plans —how they can transition out of the agency while maximizing income and ensuring that the ...
read moreShould Your Successor Be Just Like You?
Letting go of your baby is part of the succession planning process. Ideally, you already have a person or people in place to move into the role of ad agency ...
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