| Profit Improvement for Professional Practices
Wilkinson Read & Partners are Profit Improvement Specialists who have been designing and implementing profit improvement programmes for both the Professional and Financial Services for over 10 years. Our Management Accounting background gave us our initial focus on getting value from the Cost structure. Ideally, getting more output from less expenditure.
Our clients use us in a variety of ways. From doing the more straightforward things exceptionally well, through to the very innovative and original ideas which add huge value.
In one key respect our approach never varies. Analyse, diagnose, recommend and implement.
Solicitors understand words, surveyors understand property, we understand numbers, people and partnerships.
By carefully analysing your data and information, we find the keys to improving your profits. Sometimes we use standard statistical techniques, sometimes our own methods. But once we understand the patterns, opportunities and the answers emerge. Obviously the bigger the issue, the longer it takes, but the initial process is always the same. No diagnosis without analysis.
Some examples of the issues which have emerged from our analysis include:
- Excessive Overheads
- Cumbersome / inefficient support
- Inadequate IT systems / management
- Misleading management information
- Billing too slow
- Poor credit control
- Time unrecorded, or unrecovered
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- Under Pricing
- Unprofitable Departments
- Under-performing staff
- Illogical ill-defined budgets
- Billing targets and monitoring
- Partnership Ratios
- Disbursements unrecovered
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Download
our free Profit Improvement Model for Professional
Partnerships: - Model
- Instructions
Services for Professional Partnership
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