Centralised Partnering for Accountants

This model has been operating (pre Web, Cloud etc) for over 30 years throughout the North East with up to satellite 15 offices linked to a central hub or head office. There are practices throughout Yorkshire, Cheshire and Lancashire currently implementing (or wanting to implement) the model.

There is no management fee charged by the “hub” or head office. It is inherent in the profit share.

The hub or head office will have a share of the profit from each office 25%, 40% or even 100%. The profit share % age is negotiated for each office’s individual circumstance. This provides a flexible solution for many offices with succession/exit issues.

Proctor Partnerships are working with practices who have over 30 years experience operating a Centralised Partnering model. Some larger/national firms have embarked on the model but invariably in a large national environment each office does not have autonomy and control over its staff, operational procedures, marketing etc. With Centralised Partnering each office may have only relinquished 25% or 40% or profit share, thus overall control is still retained within that local office.

Many offices prefer to retain their individual identity, it is this and the local service that their existing clients recognise. However marketing help from the hub or head office may be available if requested.