The 5.5 processes you need to manage to have a sustainable practice
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The 5.5 processes you need to manage to have a sustainable practice

ByClaire Meddings

When someone asks how you’re going to grow your practice, most people’s answer is some version of: win more clients. But winning more work is only one of five and a half ways to grow a practice. And it’s not always the highest-leverage one. If your Business Case feels vague, e.g. lots of good intentions,…

How do I become a partner at the Big 4? The definitive guide
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How do I become a partner at the Big 4? The definitive guide

ByConversationware

You’ll be expected to earn the rewards of partnership You should now be getting a good idea of how to make partner at a Big 4 firm. Find out how I can help! You must be prepared to work hard if you want to make partner in a Big 4 firm. Big 4 partners are…

How is my firm normally funded?
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How is my firm normally funded?

ByHeather Townsend

Most professional partnerships are not limited companies, but are owned solely by the partners within the company. If you want to be admitted to the partnership you will typically be asked to cough up a capital sum, to qualify for a slice of the firm’s equity. This capital injection could be as little as £30k…

What financial terms do I need to be familiar with if I am going to be a partner?
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What financial terms do I need to be familiar with if I am going to be a partner?

ByHeather Townsend

What many potential partners forget is that becoming a partner is also taking a step up and owning a slice of the business. As every business owner knows, you don’t need to be an accountant to manage the finances of your business carefully, but you do need to be familiar with the financial KPIs which…

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