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Added Value Services

A 21st Century Practice will have a comprehensive range of products and services to meet the ever increasing demands from its current and future clients. It is vital for the future success of your business that you grasp potential growth opportunities as they arise. The potential growth areas for accountancy practices include:

  • Business coaching and advisory services
  • Industry specialisms
  • Financial services
  • Computer and e-commerce
  • Profit improvement and cost reduction
  • Specialist tax services
  • Specialist products and services
  • Niche markets
  • Human resources
  • Outsourcing of services  

Suggested levels of added value that could be gained from implementing these services are shown in the table below.

Business advisory services: 25%
Financial services: 15%
Computer and e-commerce: 15%
Industry specialisms: 10%
Product and Service specialisms: 5%

Total Added Value Services: 70%

Audit: 7 %
Financial accounts: 15%
Tax services: 8%

 

Total Compliance Services: 30%

TOTAL INCOME: 100%

If you would like to find out more about how we can help you, please contact us.

Critical questions for your business
Are you paying too much tax?
Are you making enough profit from your business?
Would you like to be able to compare your business with others?
Are you looking for pro-active business support from your accountant?
Is your business where you want it to be?
Do you understand the numbers in your accounts?
Do you have a business plan?
Do you have a marketing plan?
Will your business meet your retirement needs?
Have you a succession, retirement or exit strategy?
If you want help with any of the above contact us at Lamont Pridmore for a FREE initial meeting.



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