Episode 2: Economic Resilience - Your journey into advisory

In this series, we explore the big issues impacting business and the accountancy profession as we navigate economic downturn. This time we are focusing on the role of advisory. With the increase in the complexity of the world in which businesses are operating, coupled with client’s ever-changing needs, forecasting has become increasingly challenging. This challenge is amplified by the significant and swift changes brought on by the socio-political unrest in Ukraine and the aftermath of the COVID-19 pandemic. Providing accounting and financial reporting advice, scenario planning, and storytelling offers a unique relationship between client and adviser; to become their trusted go-to person. But how do you start the process of offering advisory services? In this podcast we chat with Cheryl Sharp of Pink Pig Financials as we explore her journey into advisory. From her motivations to ensure her clients are fully educated on their businesses performance to how she practically implemented the service. For a service that is needed more than ever to help businesses survive and thrive during a recession, we look at the practical steps for you to take to add this to your suite of services. Covering how to get started, how to price the offering and how it has changed Cheryl’s practice forever!