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.
This course is part of a series of courses based on the IFAC Guide to Practice Management for Small and Medium Sized Practices and has been produced with the permission of IFAC.
Work through the knowledge and application modules to understand the theory and exchange your ideas with your peers. Then complete the final Putting it into Practice module to create an action plan for your practice.
Course overview
Developing a business plan
- A simple business plan analysis
- SWOT analysis
- The organisation 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 it into practice
- This module helps you put the learning from this course into practice in
your firm.