Smart Agency Masterclass With Jason Swenk: Podcast For Digital Marketing Agencies
How to Handle an Agency Partner Buyout Without Impacting Growth
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:20:54
- More information
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Synopsis
What happens when a digital agency outgrows a partner? Do you sell the agency and part ways? Can you negotiate an agency partner buyout? It happens - partners drift apart or sometimes people simply want out. Dealing with a partner break-up doesn't have to impact your agency's growth if you don't want it to. In fact, you can negotiate a fair buyout by facing it head-on or by being proactive. It's a tough conversation but definitely one to have earlier than later. In today's episode, we'll cover: #1 source of digital agency leads. The best way to approach a bad partnership. 4 steps to an agency partner buyout. Today, I talked with Dan Altenbernd, Co-founder of H2M, which is his digital marketing agency in Fargo, Minnesota. Dan has over 18 years of experience in the industry, and he's been building brands in his hometown for years. Not only is Dan's agency booming, but he started it with one more partner than he has now. When his partner didn't have the same goals as him, they negotiated a buyout and he's on t