Threesixty is staging a series of IFA business planning workshops in the new year.
They will focus on how to design and implement the plans and explain specific strategies and tactics that can be used to drive businesses forward, the practicalities of business planning, what to expect from plans and the benefits they bring.
The theme of ‘backward planning’ will be detailed, whereby the desired position for a business is established and then a plan is drawn up in reverse on how best to achieve it.
Client relationship management, market positioning and business structure will also be addressed.
The workshops will be relevant to the many IFAs who wish to move their businesses from a transactional, commission basis to a fee basis or who want to acquire other businesses.
Threesixty partner Ross McArthur says: “A number of IFAs want to have an acquisition strategy as part of developing their businesses. But they need to work out who they are going to acquire and how to do it. To maximise the benefit of doing so they need to devote enough time and commitment to understanding business planning.”