Practice Growth Plan
Dear Accountant,
Step 5 how to structure for growth:
In my last post I showed how a practice can morph into a business structure by harnessing the team into ‘fractional’ management responsibilities.
Thus prepared, the structure then becomes the business plan model which the line managers implement, and growth happens.
The CEO sets the whole business objectives s/he wishes to achieve and asks each manager to set out their subplan showing how they will do it for approval.
In my next post I’ll look at how business planning works.
With kind regards from
Duncan
Founder
This third series of posts reveals the steps needed to progressively evolve a practice into a business advisory business by learning to ‘take its own medicine’ first.
See the overview here https://www.runagood.com/consultancy and if you wish to jump ahead to see what’s coming, ask here or to see what’s already been posted here.
Duncan Collins founded Runagood® to make practical solutions affordable for owner managers via accountancy practices, profitably, by pioneering AI. He has automated the 000’s of consultancy techniques he learned the hard way during 60 years of running, helping, buying, selling one million businesses large and small. Ask him anything, anytime for free at duncan@runagood.com
The ‘Runagood® Business Pathway’ takes any client from start up to exit solving their every ambition and problem along the way.
…via a National Accountant Network.