Turning the Tide: How We Transformed a Boutique Creative Agency’s Finances

In April, Le Chéile began working with a boutique creative agency that had faced a tough start to the year, with losses of around -$30K per month in Q1.

By stepping in as their Fractional CFO and Strategic Advisor, we set the stage for a significant turnaround. Here’s a snapshot of what happened:

📈 By May: They recorded their first profitable month of the year.

📈 By Q4: Their profit margins tripled, reaching five-figure monthly profits, and they easily doubled their revenue.

📈 Since then: They’ve maintained profitability and set themselves up for continued sustainable growth into 2024.

How did we achieve this transformation?

▪ Grounded in Goals: We established clear, actionable goals to steer our strategy.

▪ Clarified Cash Flow & Forecasting: We brought transparency and foresight to their financials.

▪ Established a Profit Model: Built a model that ensured every project contributed to profitability.

▪ Created Efficiencies: Streamlined team structure and offers to boost productivity and reduce waste.

▪ Enhanced Offering Tiers & Pricing: Adjusted pricing and created tiered offerings to ensure all projects were profitable.

▪ Cut Unnecessary Expenses: Eliminated costs that didn’t contribute to growth or efficiency.

Most importantly:

▪ The founder gained confidence in decision-making.

▪ She now leads with poise, growing her team and company sustainably.

▪ She’s in alignment with her goals and has clarity on her finances.

▪ She built a support team to handle responsibilities she wanted to offload.

And the exciting part? We’re just getting started.

The results we achieved are not anomalies. The majority of our clients see significant shifts in revenue, profits, and overall satisfaction in running their businesses. Here’s what the numbers look like:

▪ 93% of clients double their profit and 58% triple it within 6 months.

▪ 427% quarterly profit growth.

▪ 257% increase in profit margins.

▪ 45% revenue growth.

Additionally, our clients:

▪ Gain confidence to act as CEO.

▪ Pay themselves fairly through profit-sharing and bonus structures.

▪ Charge competitive and profitable rates.

If you’re a creative studio or agency founder (especially if you’re LGBTQ, BIPOC, or female) and you’re looking to scale your business from $500K to $1M and beyond, let’s chat. If you need clarity and support to scale sustainably, I’m here to help.

As your Strategic Advisor and Fractional CFO, we’ll work together to tackle your challenges and set you on the path to success.