Tax Advice Network delivers recession strategy for accountants

With news that the UK is now teetering on the brink of recession, The Tax Advice Network is hosting a unique seminar designed to help equip accountants with a ‘recession strategy’, which will enable their business to survive current economic conditions as well as successfully advise clients who are being adversely affected by the continuing credit crunch.

The half-day seminar entitled ‘Mastering the credit crunch – your practice, your advice, your future’ will be delivered by Tax Advice Network founder and former ICAEW Tax Faculty Chairman Mark Lee and will cover a range of practical topics including tax advice for clients suffering the crunch, credit control tips, techniques and traps, protecting your firm when a client goes into liquidation, avoiding tax traps on redundancies and negotiating fees when times are tough.

Lee will also explore strategic business development issues such as maximising outsourcing opportunities, marketing messages in the current climate, how to find your niche and sources of capital for accountancy firms.

“Many accountants will be acutely aware of the increased risks posed not only to the survival of their own business, but that of their clients too.  As a result, most accountants have probably already started to make changes in the way they conduct business but may be struggling to turn ad-hoc reactions to market changes into a more concise business development strategy”, suggests Lee, who has presented hundreds of seminars over the last 25 years and is renowned for his dynamic and engaging seminars tailored specifically for accountants.

“If you remember what life was like in practice during the last slow-down you’ll want to avoid making the same mistakes again. And to grow and prosper in the current economic climate, you need to take time out to consider the key issues impacting your business, your staff and your clients and plan how you are going to make the most out of the situation”, explains Lee.

The seminar is being supported by Killik Asset Management and will take place on Wednesday 19^th November from 9am-12.30 at their prestigious offices in Grosvenor St W1. Tickets are priced at £197 + VAT and places are limited so early booking is advised. For more information on how to book your place visit www.TaxAdviceNetwork.co.uk/sem  or call Clare Gillbanks on 0845 003 8780.

ENDS