Transitioning to a Fee-Based Business Model
RUN YOUR PRACTICE MORE EFFICIENTLY
Change can be rewarding
Transitioning to a fee-based advisory model has the potential for increased revenues and greater personal satisfaction, but it will require time and significant changes in how you run your practice. Our resources will help you create an action plan to take your practice to the next level.
Use these materials to:
- Create a comprehensive transition plan
- Set minimums
- Determine monthly and annual transition goals
- Evaluate your current book
- Identify best-suited clients
- Market your new approach
Using a client advisory board may help you determine if certain changes to your practice make sense. Learn the steps to create an effective one by going to Creating a Client Advisory Board.
Outlines a ten-step process for creating a transition business plan, including suggestions on how to effectively communicate the change of clients.
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