Advisory business owners: Understanding the levers of growth and value

Most owners of financial planning firms have conflicting priorities; their clients are their most valuable asset and whilst they should be their priority, it is also important for sufficient time to be given to managing the business for growth. This, in turn, means setting aside time that goes beyond carrying out the everyday tasks and allocating "thinking time." One way that some business owners find works well is to allocate say, two days a year, outside the office, to review progress and plan for the subsequent six months and beyond. For financial planning firms, value levers will ...