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Your Practice Expansion Programme for multi partner firms

The face of the accountancy profession is set to change considerably over the next few years. If you would like a copy of ‘Your Future with your accountancy Practice’ for multi partner firms, please contact us. The number of multi partner accountancy firms will decrease. Those remaining will be much larger having acquired other accountancy firms in their area or region. The enlarged future practice will then offer an extensive range of quality services to professional and commercial clients. At the same time, sole practitioners will decrease in number over the next five to ten years. We do however anticipate that starting from now many sole practitioners will cease to carry out functions traditionally offered. For example, audits, more difficult tax situations, financial services, corporate finance etc.

We have carried out a survey of sole practitioners and have produced our Annual Report. This will almost inevitably raise a number of questions in your mind with regard to you offering them and their accountancy clients support services. We are sure that you will appreciate on reading the report, how various areas may be of interest to your practice.

The team here at Goldsmiths Practice Services LLP have been planning for some time, the opportunity to bring to a quality multi partner firm like yourselves, services that we believe will enhance your accountancy practice, increase profits and achieve success through our Practice Expansion Programme. This covers many areas such as corporate finance, the merger and acquisition of accountancy practices and in particular working with sole practitioners to bring them to your practice for their clients’ benefit and to use your services. Brief details are as follows;


The Merger & Acquisition of Accountancy Practices

Full use of our practice merger and acquisition service. Whether this is for you to expand by acquisition, merge with another firm or be acquired, we will assist you in every possible way to achieve the best possible result for your practice. Your requirements will be discussed with you personally.


Businesses for Sale & Wanted Service

Our unique Businesses for Sale Service for your accountancy clients will be made fully available to your practice. This is a connection to quality accountancy practices nationwide to help you find the other half of that which your client is seeking. Whether this is to buy a business, sell a business, seek investors or be an investor. Another accountant may well have a client that fits the bill. We have established an e-mail connection to quality accountants nationwide in order to seek the other half of that which your client has requested. This instant e-mail service has proved successful and has provided accountants to date with quality introductions for their clients. Please note that you can have as many adverts as you wish and all success fees are yours. All adverts are also maintained on our Businesses for Sale website for research purposes for other accountants to view generally. All adverts are coded so confidentiality is absolute.


Sole Practitioner Integration Programme

We would be looking to bring sole practitioners to you for support purposes. This will range from simply taking on their last audits, all the way through to fully integrating them into your practice. They will remain to look after the clients while you carry out production. They will eventually retire leaving the fees behind on an agreed value. The formula for which will be set up at the outset. Everything therefore from external support services where they will seek advice for their clients from you on tax, audit, financial services, corporate finance, all the way through to a full acquisition.


Marketing Services

We will assist you with letter templates for your existing clients, potential clients, and if appropriate letter templates for local banks and solicitors. Articles are available for your website and will also be made available if required. Our team will help you put in place a regular mailing facility in order to ensure that your clients are kept fully informed of your additional services. The services that we will offer templates on will cover corporate finance, and financial products for your clients. Additional services may be added from time to time.


Finance for your Practice

An extensive range of unsecured and secured lending facilities available for your practice covering everything from unsecured practice purchase finance, refurbishment etc, all the way through to advising you on your home mortgage.


Finance for your Professional & Commercial Clients

An extensive range of financial products. In particular, we would draw your attention to our unsecured facilities for professional and commercial clients of your practice.


Practice Information Service

A regular bulletin service to keep you up to date with practice matters and in particular, the merger and acquisition of accountancy practices.

In addition, it will be the Goldsmiths Practice Services LLP responsibility to contact all qualified sole practitioners in your area in respect of the various shades of integration. This will range from bringing them to you for support for their better clients in terms of audit, corporate finance etc all the way through to them actually moving into your offices for eventual acquisition.

 

I am sure you will appreciate that this invitation to become part of this integrated programme will be limited as we do not wish to have a clash in any geographical area specifically in relation to the sole practitioner integration programme. Should you however only wish to use part of the services involved, we would be happy to discuss these with you personally.

 

We would welcome the opportunity of discussing the full implications of this service with you personally, and would be pleased to meet with you to discuss how this would benefit your practice and the clients of your practice.

 

For your full application and information pack, please email or call us and we will arrange a meeting in the near future.

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