Below you'll find a list of all posts from January, 2017
Various factors come into play when deciding your practice’s future The usual change points are retirement, winding down or starting again To get the most from your investment, plan ahead Read on for top tips on how to do this Expand, sell, retire or give up? Accountants often reach a crossroads when decisions need to be made about their practices’ …
It’s people, not property, who make a business Contingency plans should take into account HR issues Good succession planning is vital, especially for owner managers Read on for more top tips for planning your ‘people contingency’ It’s people, not property, who make the business, so what are you doing to ensure your practice’s growth for the future, asks Nicola Draper. …
The opportunities for things to go wrong in a partnership are endless Resolving disagreements amicably is the key: Only lawyers win if you go to court. Staff and clients should be kept away from conflicts between partners. Planning ahead is crucial to a smooth hand-over.
A younger client base will bring in new fee income and add longevity to your practice Your image, attitude, language and service is important to attracting young clients Embrace new technologies and social networking and learn to speak their language Nicola Draper of brokers Draper Hinks explains why younger clients are vital and offers advice on how to appeal to …
How easy would it be for your practice to be sold if you were to die suddenly? Nicola Draper of Draper Hinks explains the importance of forward planning for accountancy practitioners. It has surprised us that in the past few weeks we have been approached by a number of sole practitioners who have been worried about what would happen to …