Key Challenges For Small Firms

19/08/2020 25 min Episodio 8

Listen "Key Challenges For Small Firms"

Episode Synopsis

Small Firms of 1 - 2 partners face a handful of common challenges as their firm grows and in this episode I cover 5 common problems and follow up with 5 opportunities for leverage. We talk:
 - an ineffective business model, 
 - wrong organisational structure, 
 - lack of team buy in, 
 - poor debtor and WIP management, 
 - low paying clients with lots of scope stretch, and 
 - lots of services for lots of different types of clients 
(note: this also applies to 3, 4 & 5 partner firms)
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Modern Firm Practices hosted by Brad Turville | A weekly show for accountants on how to become the Modern Accountant and implement Modern Firm Practices into your firm
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