Key Challenges For Small Firms
SUMMARY
Small Firms of 1 – 2 partners face a handful of common challenges as their firm grows and in this episode I cover 5 common problems and follow up with 5 opportunities for leverage.
Small Firms of 1 – 2 partners face a handful of common challenges as their firm grows and in this episode I cover 5 common problems and follow up with 5 opportunities for leverage.
We talk:
- an ineffective business model,
- wrong organisational structure,
- lack of team buy in,
- poor debtor and WIP management,
- low paying clients with lots of scope stretch, and
- lots of services for lots of different types of clients
(Note: this also applies to 3, 4 & 5 partner firms)
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