Optimise Your Firm
Have you considered the most common industry wide practice management issues?
Does your ﬁrm have the right structure and mindset to eﬃciently oﬀer your accounting services?
Do you know what services you can oﬀer successfully to clients to get them engaged?
Who are the right clients to target to create success?
Do you currently have the ideal staﬀ with the appropriate skill set?
What risks and bottlenecks do you need to address?
With so many time pressures, many practitioners ﬁnd it diﬃcult to focus on the development of their practice. The frequent result is that practice performance is sub optimal.
Practice Management Enabled is an ongoing program that ensures focus on building your practice is not lost.
Group coaching can only assist to a point, as it is diﬃcult for the speciﬁc issues facing an individual practice to receive suﬃcient focus. In contrast, our tailored approach ensures that outcomes can be optimised and that implementation plans are tailored to the unique circumstances of your ﬁrm.
An experienced external practice adviser brings objectivity as well as knowledge as to how other practices have achieved success.
Sign up and commit to an implementation program to get your Practice Management plan on target!
Receive free email & ongoing phone support.
Get started with a 45 minute complimentary Practice Management Assessment with Mark Holton - ﬁnd out how to start streamlining practice management in your ﬁrm.
HOW IT WILL WORK Mark's approach to practice management implementation is about bringing order to the overwhelm through a streamlined strategy.
Suggested program customised to your practice:
Preliminary 45-minute assessment.
Face to face or by Zoom depending on location. From this process you will know where your ﬁrm is today and what it needs to do to achieve success in the future.
Outcome - Step 1:
The ﬁrst step in the Practice Management Enabled process is to conduct a Practice Management Implementation Planning Day.
This day is “in house” at your ﬁrm and follows a very structured process. The product of this day is a Practice Management Implementation plan that the ﬁrm can follow to get the right systems, processes and people resources in place.
The day will cover;
Developing strategic and business plans
Building performance management systems
Optimising utilisation of technology
Developing a practical, down to earth marketing plan
Improving utilisation of resources
Ensuring succession plans are eﬀectively developed and managed
Looking at potentially acquiring other practices
Improving governance and accountability
The day will cover;
Full day onsite meetings - quarterly
Video conferences to follow up actions and deal with any issues.
Follow up teleconferences to monitor progress between face to face meetings.
Pricing is dependent on diﬀerent factors and will be conﬁrmed when you speak with Mark.
Please note - this is not a quick ﬁx program. Each ﬁrm is diﬀerent and has diﬀerent goals and objectives as well as issues that need to be addressed. The program will be tailored to each ﬁrm and is for ﬁrms that are prepared to put in the work to make the changes required. Commitment to the program is integral to success. You will be guided each step of the way with ongoing support.
- Establish or critique your ﬁrm's practice management plan.
- Getting your team on the bus – building commitment.
- Developing and ﬁnding your ideal target clients.
- Agree on ﬁrm structure and infrastructure.
- Develop an initial structured workﬂow plan.
The next four stages include:
- Full day onsite meetings - quarterly
- Video conferences to follow up actions and deal with any issues.
- Follow up teleconferences to monitor progress between face to face meetings.
At Smithink our passion is assisting accounting firms to achieve improved practice performance, enabling increased productivity and profits.