Congratulations to The PHA Group and Red Hot Penny on this exciting new chapter. The team at Milestone Advisory are delighted to have been part of this journey and would like to wish David Schulhof, Stuart Skinner and Shelley Frosdick all the best for the future.
As your business grows, your people, customers, and competitors multiply, and managing the day-to-day business consumes much of your time, becoming agile or retaining your agility matters. Agility is not lost overnight, it is the good decisions you make that erode your ability to pace with the market, adopt new practices, adapt your business model, catch a new trend or pivot in times of crisis. We share some of those decisions informed by conventional wisdom and unpick the impact these have.
With the right formula in place, agencies can grow at an astonishingly fast pace. Take Jungle Creations and Byte, both among the fastest-growing companies in Europe, according to the Financial Times. Over a three-year period, the two companies grew their revenue by a staggering 3,863% and 2,300% respectively.