A new perspective on budgeting in professional services.
You may or may not be aware of it, but the annual budgeting process drives the de facto strategy of your firm. The correct approach to budgeting is one of those areas that, more than any other, can genuinely be a factor that separates a successful profitable firm from one that’s merely treading water.Download PDF
Practice management in professional services.
Effective practice management leads to productive work practices. Applying the basic practice management steps and principles in a structured and disciplined manner is essential for maximising profitability. The steps and principles are simple and logical, however far too often we see organisations failing to apply and manage these in a disciplined manner.Download PDF
Professional services profit drivers.
The professional services profit drivers are the four elements that drive the revenue and overall profitability of a professional services business. Revenue and profit are performance outcomes and not the drivers. Managing each of these elements enables the professional services business to identify performance targets and performance improvement at an operational and strategic level.Download PDF
Profitability improvement – a structured approach.
Improving the operating profitability in professional services is complex. There are no easy answers. A tried and tested approach combined with commitment, experience and insight will deliver positive results.Download PDF