Posts by Michelle Knights
Are the Kiwis Coming to Snatch Up our Firms?
Are the Kiwis Coming to Snatch Up our Firms? As we enter June, efforts within the practice transaction space will be at an almost feverish pace as purchasers attempt to wind up due diligence activities and finalise contracts for sale. Whilst transactions take place at all times of the year, the January to June period…
Read MoreRent and it’s Potential Impact on Profitability
Rent and it’s Potential Impact on Profitability With the release of our benchmarking report early in June, the next couple of months will be a great time for firms to review their main KPIs. After staffing costs, RENT is generally one of the next big ticket items. Commonly, rent represents somewhere between 4.5% – 6.5%…
Read MoreWhat’s Your Point of Difference?
What’s Your Point of Difference? I have lived in my current home for around ten years now, and during this time I have watched with interest as shops and restaurants have come and gone along the local strip. In reality it is actually a small group of shops, although quite heavily utilised by the local…
Read MoreDelaying Difficult Decisions is a Ticking Time Bomb
Delaying Difficult Decisions is a Ticking Time Bomb I think it is human nature to avoid making difficult decisions. Perhaps it is more accurate to suggest that implementing those difficult decisions is the most challenging step. We consult with many firms throughout the year in respect of their most pressing concerns and our involvement is…
Read MoreStaff with Equity Aspirations are only ever Going to be Short Term Hires
Staff with Equity Aspirations are only ever Going to be Short Term Hires Over the past year our firm has been assisting practices in search of senior employees with partnership aspirations. Our Equity Opportunity service, while relatively new has highlightedtwo trends within the industry in relation to Practices searching for equity partners. Many firms have…
Read Morewww.robknightsbroking.com.au
WWW.ROBKNIGHTSBROKING.COM.AU Take some time to explore our NEW website dedicated to assist both vendors and purchasers in the transaction of professional practices. Learn what is involved in selling, buying or merging a practice Unlock the secrets to ‘DIY’ broking Discover clever ways we can assist you without paying the usual commissions Uncover a treasure trove of services…
Read MoreIs Equal Revenue Generation a Necessity within Happy Partnerships?
HomeAboutMichelle KnightsOur FirmNewsMichelle’s BlogServicesBenchmarksJune 2018 Charge Rates & Salaries SurveyValuationsPresentationsConsultationsPractice BrokingEquity OpportunityEquity ListingsPractice ProtectionSuccession PlanningAccountantsFinancial PlannersLawyersMembersRegisterSample of Our Charge Rate, Salary, Expense & Benchmarking SurveysSample of The Commentary Section of The SurveySample of Charge Rate Data for Professional PersonnelSample of General Salary Data for Support PersonnelSample of General Profit/Productivity DataSample of General Expense Benchmarks in…
Read MoreTips & Traps to Structuring a Practice Offer
Tips & Traps to Structuring a Practice Offer Structuring an offer to either sell or buy a practice is one of the fundamental pillars in the practice sale/transaction process. Typically, the purchaser would submit an offer to purchase a practice, however the vendor could also define the type of terms that they would like to…
Read MoreOpportunities Galore for Would Be Partners’ Elect within the Accounting Profession
Opportunities Galore for Would Be Partners’ Elect within the Accounting Profession One of the most frequently asked questions we get here is whether there are young people still interested in being partners within practice. If we review the status quo, as the profession continues to age and the baby boomer practitioners amongst us weigh up…
Read MoreANOTHER QUICK SALE: PPQ03881 – SW Brisbane Accounting Fees for Sale
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