Overview

This series of webinars will focus on managing and growing your business. Our presenter, Gavin Douglas will touch on “Developing Your Succession Plan” in this webinar. One of the most common questions asked by practitioners as they begin to consider succession planning is, “Will someone pay me for this firm? The answer is usually, “Yes but the answer to the question, “How much?” depends on a number of factors.” 

Content

The webinars will cover topics including (but not limited to):

•  Understanding your firm 

•  Your future purchaser
  • Is this a good investment?
  • Will it provide me with a good return on my investment?
  • Does it represent good value?

•  Succession plan

There are typically a number of key areas in which a firm can improve and which will have a positive impact on financial performance. It is important that these improvements have been implemented and are ingrained in the firm before it goes up for sale. Key areas for firm assessment include

• Revenues;
• Profitability;
• Liquidity;
• Debtor control;
• Work in progress control;
• Growth

Presenter

Gavin Douglas, CEO, Reach Advisory

Gavin has BCom and BAcc Degrees from the University of Witwatersrand. He completed his articles and CA(SA) at Deloitte. He was appointed a partner at Mazars in 2004.

The exposure he received as a partner into the intricacies of Corporate Business, especially the effects these could have on Small to Medium Size Businesses as well as Start-up Businesses, lead Gavin to start his own advisory business in 2016.

He is certified in the 7 Stages of Small Business Success methodology of growing businesses. He coaches and consults because the value added to the client is measured by positive re-actions.  

He enjoys knowing that he has made a positive contribution to each client’s success.

Gavin provides strategic planning and growth strategies; business coaching; outsourced accounting and payroll; general business advisory; project management.  He is also a trainer and facilitator.
 

Who should attend

These webinars are aimed at all accounting practitioners and practice owners/managers who want to know how to improve the running of their practice and increase their profitability and productivity.

CPD

Attending the webinar will accrue 2 hours’ CPD for members of a relevant professional body such as ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA