Production Metrics: Effective Rate
Creative Agency Success Show - A podcast by Summit Virtual CFO by Anders - Mondays
Knowing your effective rate is critical for understanding profitability. If you get it right, your chances of success improve dramatically. If you get it wrong, it could mean you’re closing the doors. In this episode, Summit CPA CEO Jody Grunden joins Jamie Nau to break down production metrics. Listen and learn precisely how service businesses and creative agencies can determine if they’re running a profitable operation.