Automate the Billing Process
Billing is one of the worst looked after internal areas for professional businesses. You set the rules of engagement, so why not design them around reducing the time between engagement and time to collect cash for work performed?
Client Engagement
It costs so much less to keep a client than it does to find a client.
Collection Processes
Collecting cash shouldn’t be an issue if you integrate automation.
Two Numbers
It is easy to get lost in the numbers, especially when you don’t know where to look. There are two high level KPIs that you need to focus on to drive performance within your business.
FWO Chartered Accountants are specialists in strategic advice
1300 020 168For Legal & Professional Services
As a premium provider of traditional and strategic financial advice to professionals, we have developed a unique specialty for 1-3 principal sized firms, throughout Australia. Our solutions are unique, personal and tailored to firms and their principals, to help them achieve their goals and objectives.
Specialised services we provide are:
- Annual Accounting and Taxation
- Become Financially Well Organised
- Grow Your Firm Consulting
- Practice Reviews
- Succession Strategies
- Business Structure Reviews
- Complex Taxation
- Tailored Advice for Professionals:
- Strategic
- Wealth
- Insurance
For all Businesses
FWO works with businesses to help them strategically, whilst guiding them to become financially well organised.
Our services include:
- Annual Financial Statements & Tax Returns
- Annual SMSF Audit
- Tax Planning
- Fringe Benefits Tax Return
- Business Activity Statements
- Trust Account Audit
- QBCC Annual Licensing Review
- ASIC, ATO and Statutory Administration
As well as providing tailored business advice
On-Demand Webinar Revenue Lock-Up Percentage
Tune in to hear Matt Schlyder, The Lawyer's Accountant, take you through the concept of "Lock-Up Revenue", along with strategies to improve your firm's cash flow, collection processes and overall recoverability.
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There are many options available now for structuring legal practices.
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Your Firm has Real Value
Principals of firms are constantly undervaluing, or even disregarding the value of their firms. More specifically the dollar value of its goodwill.
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Time to Review your Revenue Practices
Firms become complacent, they continue the norms and assuming revenue will remain the way it always has.
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Automate the Billing Process
Billing is one of the worst looked after internal areas for professional businesses. You set the rules of engagement, so why not design them around reducing the time between engagement and time to collect cash for work performed?
Read more