I stopped freelancing a few months ago and started expanding my business. I therefor called it a "Design Agency", however as I came across the term "Design Studio" more and more often, I began to wonder what the differences are between these two entities. I read that a Design Studio basically only focuses on actual Design, while a Design Agency also handles the marketing and advertising for the client.
Does anyone know the precise difference? I am advancing the branding of my firm, so I want to get this right. Thanks! :-)