What Keeps Advice Firms Broke, Busy or Bored—and How to Fix It
Description
In this episode, Peter Worn speaks with Tony Stephens from Business Health about the challenges faced by small business owners in the financial advisory industry. They discuss the importance of practice management, the need for investment in technology, and the significance of client feedback. Tony shares insights on key metrics for success and offers advice on business planning for the upcoming financial year. The conversation concludes with optimistic predictions for the future of the industry, emphasising the potential for small businesses to thrive.Chapters00:00 Introduction to Business Health and Tony Stephens04:33 The Challenges of Small Business Owners09:01 Navigating Growth and Change11:37 Building Rapport with Business Owners14:29 Investment in Technology and Its Impact18:45 Client Feedback and Technology Integration22:45 Key Metrics for Business Success23:25 Understanding Revenue Per Client32:46 The Importance of Business Planning38:28 Optimism for the Future of the Industry
Links:
www.businesshealth.com
www.finuragroup.com
United States
