Posts Tagged ‘Retained fees’
Do you know your firm’s cost of doing business?
Do you know your firm’s cost of doing business? It’s easy, right? Look at your monthly Profit & Loss statement and checking that bold figure towards the bottom that reads, ‘Total Expenses.’ For me, I like to get a little more surgical than that. Knowing your cost of doing business, or CODB, is critical from…
Read MoreCertainty Is Everywhere With Unique Retained Fee Model
Recently I spent some time with directors of Sydney based boutique firm, Source, Stanislav Roth and Sean Melbourne. As I do with many firms, I discussed the pleasant feelings that certainty in business delivers. With Source, I believe I have found a firm that may have found the magic beanstalk beans on certainty, for not only their firm,…
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