Thinking about selling your ad agency?
The advertising business is full spectrum. Fun, frustrating, and full of ups and downs. We got into this business for a reason and I’m a firm believer there is an organic beginning and a natural end. Agency Practice Continuation may be the answer you’re looking for.
Have you thought about closing your web design firm, agency, or marketing business, or struggling to grow? How many times have you said to yourself:
- Where am I going to get money for payroll/rent/insurance/credit card/marketing?
- I wish the SBA/Bank would give me a loan.
- How am I going to pay that line of credit?
- How’d my receivables grow so large?
- I just can’t leverage my own house/assets/savings to carry this place…
- I need new talent…
- My staff keeps getting poached by other agencies…
- Talent pool just isn’t the same…
- Technology equipment is too expensive…
- How can we keep evolving and offer all that is being asked of us?
- What is my exit plan?
- …and many more.
We understand these pain points and many more. The COVID-19 pandemic has not made anything easier. In fact, its complicated business moving forward.
Trademark Productions has over 20 years in the web business we’ve experienced so many changes. We’ve made a lot of mistakes. We’ve survived and learned a lot along the way.
What is my agency worth?
This is a great question and if you consider how a bank would determine the value we’d do the same- almost. For us, it’s not only about a P & L and annual sales. We look at integrated talent, client relationships, the character, and the integrity of the management staff and owners. What are your services and processes to conduct business? Maybe there is a lot of opportunities if you had a partner, or were integrated into an agency where you could grow and thrive.
Imagine being surrounded by likeminded people and having the support you need? Nights and weekends free again. Debt that is removed from your shoulders and the runway to grow.
How do I sell my agency?
Trademark’s core team is experienced with helping you determine value, pay off debt, and transition your clients with little to no interruption. This includes relationships with accountants, attorneys, and experienced business transition consultants. More importantly, we are empathetic to every situation and maintain confidentiality.
If you are thinking about growing, either with another agency or in your life personally please reach out. We have experience in agency practice continuation. Qualified applicants who are principals of creative agencies with a client base only, please.
Send confidential inquiries with confidence to [email protected]