Creative services

58%

to

to

to

67%

Gross margin from 58% to 67%

Gross margin from 58% to 67%

Gross margin from 58% to 67%

A 40-person design agency, 2025 (demo).

Client

Kestrel Studio Group

Firm size

40 people

Engagement

12 months

Year

2025

A long open-plan studio with desks and plants, a cargo bike parked in the foreground.

1

The problem

Kestrel was busy, but the owners could not say which clients made money. Fixed-price projects regularly ran over without anyone noticing until the end.

2

What we did

We measured margin by client and by project every month.

We added a budget check at the halfway point of every fixed-price project.

We repriced the three services that were losing money.

3

What changed

Gross margin rose from 58% to 67% over the year, with the same team and the same clients.

67%

gross margin, month by month

Gross margin by month, January to December 2025. Demo figures.

67%

gross margin, month by month

Gross margin by month, January to December 2025. Demo figures.

“We finally know which work pays for the studio.”

Founder, Kestrel Studio Group (demo)

Founder, Kestrel Studio Group (demo)

Led by

The people who led it.

Each name below did the work on this file. Their page shows their other cases and their calendar.

Each name below did the work on this file. Their page shows their other cases and their calendar.

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