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Areas of Expertise:
Business strategy & processes, Financial planning
Mike Almandras
Mike helps agency owners understand their numbers – what to measure, how to measure it and how to improve it.
As a former agency Finance Director Mike has lived and breathed agency life. He knows agency finances and operations inside out, what the key metrics are and how to track them and most importantly how to improve them.
From managing your cash balances to measuring your new business pipeline, understanding your staff costs and improving your client profitability. All explained in simple jargon free language.
Mike set up Empowered Finance in 2019 specifically to support creative businesses with their finances
Areas of expertise
| Finance | Performance & Efficiency • Systems & Accounting • Financial Management & Budgeting |
| Business Processes | Business Strategy & Planning • Business Diagnostics • Process Management |
Experience in the design industry
Design industry experience: 11-20 years
Professional Affiliations
Institute of Chartered Accountants England and Wales (ICAEW)
Common agency challenges Mike can help solve
- My business isn’t giving me what I want – Aligning personal and business goals
- I’m not a numbers person – Understanding your financial statements
- I can’t rely on the financial data – Building a solid and reliable data platform
- I’m not sure where we’re headed – Benefits of a forecast
- I’m not sure what good looks like – Agency Key Performance Indicators (KPIs)
- I’m always worried about cash – Managing cash flow
- We’re not making any money – Improving profitability
- I’ve no time to think – Prioritise your time on key activities
- The business is too big for me to manage – Dealing with increasing complexity as you scale
- I want to grow faster – Raising funding