Five vital questions to ask if a consolidator wants to buy your practice
There is much going on in the accountancy marketplace as far as consolidation is concerned. And we’re determined to help practices make the right decision for them, their staff and clients.
We’ve pulled together key questions for you to consider when thinking about consolidation as an option for your practice.
A new workflow service to improve practice efficiency and productivity
Understand the investor, and you'll understand the consolidator
UK and global - Hawksford Group acquires SH Landes corporate service business
Foulger Underwood is delighted to announce that our client, SH Landes LLP, has sold it’s corporate service business to the Hawksford Group; a corporate, private client and fund services provider. We wish them much success in the future.
Click here for the full press release.
New tax rules means more tech...and a practice revolution
While managing the move towards MTD is a rigmarole for practices and clients, it is kickstarting the revolution that is finance information ‘on the go’. Clients will soon realise that filing services are low value, and the accountant will have to step up and become a true adviser - aided by all this up-to-date information at hand, writes Keith Underwood.
How a practice can expand its horizons with a non-executive
The blame game: disputes and how to avoid them
The PE timebomb: Why the Asian corporate services market is set for a new phase
More tech on show than ever...but how to navigate?
Wilkins Kennedy acquisition sets high Baldwins' ambition
New Consolidator Model Army
Accountex: A step on the 'practice improvement' road, not its destination
HEADING FOR THE EXIT
TAKING THE LEAD
GET FOCUSED
To deliver an articulate, cohesive service offering, practice owners need to define who they want to serve and who they don’t, says our MD Keith Underwood.
Many accounting firms are getting left behind in realising their potential and understanding their business. Nowhere is this more apparent than in ...
SUCCESSION PLANNING WORKSHOP - IN PARTNERSHIP WITH THE ICAEW
Our next Succession Planning workshop, in partnership with the ICAEW, takes place on Wednesday 13 June at the Chartered Accountants' Hall, Moorgate.
Succession planning is a vital process and instrumental in the evolution and success of a practice, and can cement its future.
This workshop is relevant to anyone planning to retire in the next few years, sell or merge their practice, pass it on to a family member or if you just need some impetus and an action plan.
We shall be covering: planning; your options; case studies; practice analysis techniques; preparation for succession; valuation; trends; and finally an action plan.
To register or learn more please click the link...
A JUICIER MODEL - WHY SMALLER PRACTICES MUST SEGMENT TO SUCCEED
Why HR has become THE critical issue in a smaller practice
MD Keith Underwood and the Foulger Underwood team have noticed a reoccurring theme running through a number of meetings they have attended in recent days and months.
Practices are encountering difficulties in managing, developing, recruiting and retaining employees and also in providing a good working environment for their employees. Those we’ve been dealing with range in fees from an average £500k through to £2m.
The crux of the problem is...
Seven myths associated with buying or selling a practice
Many practitioners will only be involved in a practice acquisition, sale or merger a very small number of times during their career.
And understanding how these deals are carried out is not particularly easy – the nitty gritty is often kept behind closed doors.
We flag up the common misconceptions made by practitioners in the merger/acquisition process...
