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Business recovery, financial advisory and property services consultancy, Begbies Traynor, has launched Practice Portfolio, an “added value” service offering designed to enable independent accountancy practices to extend the range of services they offer to their clients.
It is reported that the new package of services range from company credit reviews, global payments solutions and asset finance funding to specialist practice insurance, R&D tax relief, outsourced HR, employment law and safety advice, property and real estate services, and business sale and acquisition support.
The concept was said to be developed in response to demand from the firm’s small and medium-sized accountants who are “keen” to provide a broader offering for clients.
All of the Practice Portfolio services are reportedly available individually or as a package, on a non-subscription basis.
Vee Babla, the director heading up Practice Portfolio, said: “We have worked closely with hundreds of accountants for many years and we’ve become increasingly aware of how their role is broadening beyond audit and accounts to become full service business advisers to their clients.
“We have developed Practice Portfolio as a non-subscription service, to help support accountants with a range of white labelled complementary services, both from divisions within our group and also from other trusted service providers with whom we work.”
He added: “This is essentially a unique package of services for accountants and their clients; we want to be the first port of call when their clients need specific advice or solutions. We believe this is an opportunity for accountants to grow their services to existing clients, as well as helping them to win new ones.”
