The business environment for professional advisors is changing
These challenges can be addressed through the development of a consultancy, or business advisory, practice with a clear value added proposition. Many professional firms are doing this already, but are approaching it in an unstructured way. They are frequently reluctant to offer an advisory service as a chargeable product as it lies without their natural comfort zone and they lack the skills to attract advisory clients and deliver assignments profitably.
If properly managed an advisory offering can generate a regular stream of profitable recurrent revenue, provide differentiation from the competition and leverage staff time whilst providing an incentive to attract and retain junior employees seeking to grow their skills base.
We recommend that you complete our free, no obligation, online questionnaire to provide an assessment of your firms readiness to develop a successful advisory service.
What is the Consultancy Services Readiness Questionnaire?
The online questionnaire is a tool that enables you to review the core elements of a successful advisory practice and benchmark your own firm against them.
It addresses over 40 strategic features across key areas including
Why complete the Online Questionnaires?
There are three core benefits from completing the questionnaire