Reset Your Practice
Business Advisory Services Updates
In the first presentation of our new Business Advisory Services Update weekly webinar presentations I’ll be joined by Amanda Gascoigne, Chartered Accountant, Coach and Mentor, Amanda Gascoigne Consulting and we’ll discuss the issues of ‘resetting your practice’, particularly as it relates to servicing tradies’ businesses.
How many tradie business clients does your accountancy firm have?
What services, other than taxation compliance, do you offer them?
How about introducing a “Tradies’ Special”?
Why not commence the process with a charge out rate review, whereby you utilise the ESS BIZTOOLS’ Charge Out Rate Calculator to determine whether the charge out rates that your clients are using, when calculated on the productive hours, mark-up on material purchases and overhead expenses, will generate the targeted profit?
This would then give you the opportunity to conduct ongoing reviews, on at least a 3 monthly basis, to determine the actual results and then to fine-tune the charge out rates in an attempt to generate sufficient revenue for the targeted profit to emerge.
