How to Develop a Self-Managing Firm
with Des O'Neill
Having worked for a number of years in practice, and with one of the profession’s regulatory and support institutes, Des co-founded OmniPro to develop tools, techniques, products and services that make accountancy more profitable and rewarding.
Today, OmniPro has a multi-million-euro turnover, and its operations span the areas of practice support; practice development; company secretarial; tax and legal; corporate finance; continuing professional development and online information products.
In this session on How to Develop a Self-Managing Firm we will look at:
Your products and services – how the work you do impacts on the stress you experience. Not all accountants are the same!
Your clients and customers – Do you serve anyone with a cheque-book and a pulse or are you more refined in your taste?
Your cashflow cycle – Businesses with a positive cashflow cycle with steady recurring revenues are much less stressful to own and are exponentially more valuable.
Your people – The single biggest limitation to progress for accounting business owners is people. Do you have a fit for purpose people strategy?
Your systems and procedures – Having standard operating procedures that your people can apply to get a consistent result is critical for the leverage of your business.
Your marketing and sales – A consistent steady reliable flow of ideal potential customers is transformational in giving you the freedom to choose how you work and who you work with.
Your retention plan – How do you keep the key players on your team involved for the long game?