Practice Management: Building and Growing your Firm

Course details

Building and Growing your Firm expands on the themes of the two previous courses of this 8 part series, Planning for your firm and Practice models and networks, and also looks at issues such as developing a growth strategy, coping with increased regulation and competition, marketing, and how to enhance the “culture” of your firm.

Building and Growing your Firm enables the learner to:

• Develop effective growth plans
• Put those plans in to action
• Create realistic financial plans
• Develop the right culture at their firm

Learning Outcomes

• Developing a business plan
• A simple business plan analysis
• SWOT analysis
• The organization chart

Developing Strategies

• Assessing growth requirements
• Developing a growth strategy
• Strategies for coping with increased regulation
• Building a brand
• Marketing and promotion

Implementing your plans

• The importance of implementation
• How to implement your plan

Financial Management

• The capacity budget
• The financial budget
• The cash flow forecast
• Taking it forwards

Putting in to practice

This module helps you put the learning from this course in to practice in your firm.