The margins on compliance work are being forced down and many firms are looking at added value services. We have extensive experience with the AVN network. If you decide to venture into this area then we will be able to assist you in kick-starting this area of your business.
The ICAEW's report "The profitable and sustainable practice” highlighted that, in recent years, one quarter of UK practices have achieved annual profit growth of at least 27% - while another quarter of firms have seen their profits fall by 5% or more a year.
Added value services enable the practice to:
Differentiate itself as one that can help clients rather than just counting the beans
Have access to a system that enables it to quote for work in advance and eliminate debtors
Have a range of products that will assist with providing proactive advice
Have a system that can be easily available to all team members and which can be easily tailored to the practice requirements
Added Value seminar
for a West-Country firm of accountants