There are many different aspects of a marketing agency and the services performed for clients vary greatly. Some marketing agencies sell concepts, plans and ingenuity which make it more of a service-based industry because there is not an exchange of tangible products, only ideas. However, depending on the agency they may also sell actual marketing prints, fliers or physical advertisements. They may prepare commercials, artwork and photography for clients. In this way they are selling both a concept and a tangible product, but the weight of the value is in the concept, not in the print of advertisement or in the flash drive or DVD you receive the commercial on.
If your marketing agency or firm offers all of these services you will need an accounting firm that understands the complexity of your resources, reselling product and the small inventory you have. There may be a lot of equipment that needs to be accounted for including large printers, computers, design software, cameras and lighting. The other large expense is employee salaries since you count of them to dream up and design marketing campaigns. You have to be extremely efficient and hire talented professionals because you are paying them regardless of the quality of the ideas they are coming up with.
Gary and his team of tax specialists and business advisors will help put your marketing agency on the track for success. They understand the complexities of running your business and have the skills necessary to guide you and help you reach your financial goals. Marketing agencies have the ability to grow exponentially in a short amount of time depending on the quality and timing of their ideas and their ability to sell them. Numerico PC has satisfied and excited clients all over Michigan including Ann Arbor, Dearborn and Troy and will help you set the bar high and grow above and beyond the competition!
