
Maximising Profits
The Professional services environment has changed considerably over the last decade, competition has increased and margins are increasingly being eroded. This is set to continue over the next few years, so it is critical that all Professional Practices address the issues facing them sooner rather than later.
Monahans have helped many Professional Practices to develop strategies to improve their profitability by setting and helping to achieve realistic targets for chargeable hours recovery rates and working capital lock-up. In addition we are experienced in advising on professional structures that work best and in helping firms to identify and introduce changes leading to efficiency gains.
Our Professional Practice team is headed up by Harry Hilliard, Partner at Monahans. Harry is a specialist in this area, and fully aware of the issues relating to Professional Practices.
Alternatively please call him on (01225) 785520
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More than a fifth of individuals have failed to put by any funds for their retirement, a new study has warned.
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