Consultations
Is 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 MoreHas the Availability of Personnel within the Accounting Profession Really Improved
Has the Availability of Personnel within the Accounting Profession Really Improved It’s funny, around a year or two ago, just depending on where you were in the country, many firms started to experience an increase in communication from recruitment firms. An increase in the availability of accounting candidates required recruiters to be far more interactive…
Read MoreIs Now the Time to Bail Out of Your Accounting Practice
Is Now the Time to Bail Out of Your Accounting Practice How is your firm proposing to address the removal of the accountants’ exemption and SMSF licensing requirements as from 1 July this year? Presently, there seems to be five schools of thought. 1. Firms who already offer financial planning services are right to go…
Read MoreDastardly Deal Breakers Impacting Practice Sales
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 MoreIs Total Harmony within a Partnership a Necessity for Success?
Is Total Harmony within a Partnership a Necessity for Success? It maybe idealistic, but my view of a professional partnerships revolves around a number of parties working together to achieve a common goal and outcome for the betterment of all. Perhaps a little naive and optimistic…. ? Nevertheless, I always become concerned when I meet…
Read MoreIt Must be Business as Usual When you are Selling Your Practice
It Must be Business as Usual When you are Selling Your Practice Getting the timing right when deciding to sell your business/practice can often be difficult. There are personal, financial and emotional decisions to be made as well as pertinent business decisions and plans to put in place. Experience certainly highlights that timing is everything.…
Read MoreWhat Impact Do Disgruntled Employees have on Your business?
What Impact Do Disgruntled Employees have on Your business? It’s often said that by the time an employee formally resigns, they have already divested themselves from your business for at least six months. Likewise, most businesses have experienced the joys, or lack thereof, of having a disgruntled or dissatisfied employee amongst their mix. I’ve heard…
Read MoreClient Protection as Partnerships Go Pear-Shaped
Client Protection as Partnerships Go Pear-Shaped As a profession, accountants are often criticised for their lack of communication with clients. In some instances, communication pieces are written with very little consideration as to how it will be received by clients. This is particularly the case when things start going pear-shaped amongst the partners. The success…
Read MoreAre Traditional Partnership Models Still Your Best Choice?
Are Traditional Partnership Models Still Your Best Choice? For as long as everyone can remember, professional practices have typically run on the basis that an individual performs their related training, commences work in a firm and gradually progresses up the ranks in experience and seniority. Some individuals will then have a view or desire to…
Read MoreStaffing Black Spots
Staffing Black Spots Most firms would agree (with perhaps the exception of our insolvency colleagues) that the most recent GFC and the subsequent fall-out this has had on business and the profession as a whole has generally not been helpful or positive. On a more optimistic note, one aspect previously representing the ‘bane of existence’…
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