Competition in all professions is greater now than in the past. Firms need to be decisive about their direction, focus on the quality of their people, and understand their clients.
The future belongs to firms that develop a solid management team, plan for the future, and acting on their plans.
Grant Thornton can advise you on:
- changing expectations of the new generation workforce
- remuneration and funding
- increasingly demanding clients
- escalating risk and liabilities
- succession plans
- managing the departure of senior partners
- increasingly complex HR
- regulatory and tax issues
- profit improvement
- firm structuring
- succession planning
- equity packages
- practice health checks
- corporate superannuation
Business advisory: strategic business; partner remuneration systems; partnership agreements; assessment of goodwill; reviews of debt and equity; profitability assessments; how to make your practice into a corporation; HR consulting; litigation and forensic services.
Taxation: tax restructuring; managing tax disputes; international expansion; salary packaging.
Audit and assurance: full-scope practice audits; trust account audits; corporate governance reviews; internal systems and controls reviews.
Corporate finance: due diligence; valuations; mergers; acquisitions.
Individual partner affairs: financial planning and wealth management; tax structuring and planning; annual accounting and tax compliance; superannuation planning; asset protection strategies; estate planning.