Are You Ready to Transform Your Practice?
To ensure this guide will benefit you in developing an advisory solution, consider the following questions:
Are you looking to add value beyond compliance services?
If you aim to move from basic bookkeeping, payroll, VAT returns and statutory accounts to offering strategic advice, this guide will show you how VFD Pro can facilitate that transition.
Do you want to deepen your client relationships and become a trusted advisor?
If building stronger, more meaningful relationships with all your clients is a priority, the methodologies and tools outlined here will help you achieve that goal.
Are you seeking ways to increase your revenue through advisory services?
If you are interested in expanding your revenue streams by providing high-value advisory services, this guide provides practical steps and insights into leveraging VFD Pro for financial growth.
Do you need a structured approach to implementing advisory services in your practice?
If having a clear, step-by-step plan to guide you through the process of becoming an advisory-focused practice is important, this document offers a comprehensive roadmap.
By reflecting on these questions, you can determine if you’re ready to take the next step in transforming your practice.
Adapting Solutions to meet Client Needs
Every client (and prospect) has unique needs, providing a tiered advisory offering you can systemise your approach with the full support of VFD Pro.
It’s important to appreciate that implementing advisory across your entire practice does not mean providing comprehensive part-time Financial Director support to all of your clients, it’s about… Understanding the needs of all your clients is crucial for offering the right level of service.
Based on VFD Pro user experience, clients can be segmented as follows:
Service Level | Typical Client Requirement | % Clients | Connection Type |
1 | Master Financial Management with Training and Insights Gain essential financial skills and track your progress through our specialised training programs and straightforward monthly reports. | 80% | Business Overview |
2 | Unlock Your Business’s Growth Potential Discover actionable insights and strategies designed to boost profit, improve cash flow, and enhance business value. | 10% | Compliance Plus |
3 | Transform Data into Strategic Decisions Leverage your accounting data to meet quarterly goals and drive continuous business improvement with targeted insights. | 4% | Advisor Lite |
4 | Secure Your Financial Future with Expert Oversight Ensure financial integrity and proactive management by engaging a dedicated part-time Financial Controller for your business. | 3% | |
5 | Strategic Financial Leadership for Growth Propel your business forward with expert planning, forecasting, and risk management provided by a part-time Finance Director. | 2% | Advise & Grow |
6 | Maximise Your Business Value for a Successful Exit Prepare your business for sale and maximise its market value through comprehensive strategic planning. | 1% | Grow & Exit |
How you could present your services to clients
This example service comparison is taken from the VFD Mastermind programme and incorporates the ‘Growing Your Numbers‘ branding.
