We join Zoe and Matthew, two advisers selling their businesses, as they look at what their financial planning practices are worth on the open market. Convention says a practice should be valued on a multiple of recurring revenue, but with major regulatory changes ahead, should Zoe and Matthew be considering a different valuation model?
This entertaining session, hosted by Rod Bertino, Principal of Business Health, catches up with the sellers from past series. The business owners talk about the unique experience of going through the No More Practice process, the insights gleaned from mentors, experts and judges, and where they are now. Play
CPA Australia CEO Alex Malley recently questioned the likelihood of a turf war between accountants and advisers at the No More Practice Live Event. Watch on as he shares his thoughts on how the two industries can collaborate for mutual benefit under FoFA. Play
Count Financial founder and executive chairman, Barry Lambert, recently shared his personal insights on 30 years of growing practice value at the No More Practice Live conference. Watch on as he discusses how he built Count Financial and realised its full potential and value. Play
In this episode, our judges provide our players with some final words of wisdom. Brett and Ian learn how to effectively scale their systems to maximise their technology investment and realise the potential value of their practice, while Chris learns how a long-term business strategy can assist potential acquirers in gaining clarity around practice value. Watch on as our judges deliver their verdict: would they buy our players’ practices? Play
In this episode, our players reveal whether they have been successful in closing their deals and our judges turn the heat up on their business plans. Brett and Ian are grilled about the commercial viability of their business model and learn the importance of having a clear client value proposition. Chris explains how a board of advice has benefited his business and learns the importance of having a long-term strategy. Our players benefit from the judges’ last minute advice before facing them in the final episode of No More Practice 3: Judgement Day. Play