The Complete Guide to Productized Services
Hourly billing has a ceiling. You can only work so many hours. Raise rates and you eventually price yourself out. There's a limit to how much any client will pay…
Hourly billing has a ceiling. You can only work so many hours. Raise rates and you eventually price yourself out. There's a limit to how much any client will pay…
Revenue is vanity. Profit is sanity. A service business can generate impressive revenue while the owner barely survives. What matters isn't how much comes in, but how much stays. Profit…
Most freelancers and consultants are underpriced. They set rates when starting out, then never revisit them despite gaining experience, improving skills, and delivering better results. Years pass. The same rate…
I spent my first five years in business not knowing if I was actually making money. I had revenue coming in. I was paying bills. But whether the business was…
More businesses fail from cash flow problems than from lack of profitability. A company can be profitable on paper and still run out of money to pay bills. Revenue comes…
Total revenue gets the headlines. Profit margin gets the analyst attention. But there's a metric that reveals more about business health than either: revenue per employee. This simple calculation—total revenue…
The freelancer-to-agency transition looks straightforward from the outside. Get more clients than you can handle, hire people to help, grow revenue. The reality involves fundamental shifts in how you work,…
The leap from solo operator to employer changes everything. Suddenly you're responsible for someone else's livelihood. Payroll happens whether or not clients pay. Tax obligations multiply. Legal requirements appear out…
The solo entrepreneur hitting a ceiling has two choices: work more hours or get help. Working more hours has limits. Getting help scales. Virtual assistants offer leverage without the overhead…
The leap from freelancer to agency owner isn't about getting bigger. It's about building something that works without you doing all the work. I made this transition. It took two…
I ran my agency for three years before writing my first SOP. Every process lived in my head. Every client interaction depended on me remembering the right steps. Every new…
The entrepreneur who does everything is the entrepreneur who stays small. There's a ceiling to what one person can accomplish regardless of how hard they work or how efficiently they…