The typical recovery rate for Financial Advisory Services is far higher than more ‘conventional’ accountancy services, we are talking in excess of 90% Gross Margin. Only when you apply the numbers to your own practice, and sanity check the results does the full potential become apparent. This short (17 minute), video outlines just one potential practice growth strategy describing how to model the results for your own practice.
The model includes all the costs, adjusts for time scale, and allows you to enter your own assumptions.
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How do you want to add value to your clients?
Focus on the future rather than reporting on the past
Enhanced management reporting to drive business improvement
Business growth strategies and forecasting future performance
Business valuation and supporting their exit planning