Our agency's profit margin hit 32% last quarter and I'm still shocked
We run a small web design shop with five people, and for years we were happy with a 15-20% margin. Last quarter, after we cut two low-paying legacy clients and raised our rates on new projects, the number jumped to 32%. It wasn't about working more, it was about working smarter with better clients. That extra cash let us finally buy a proper project management tool, Asana, for the whole team. I always thought chasing higher margins meant being greedy, but it actually gave us room to breathe and invest. Has anyone else seen a big jump after dropping your worst-paying work?