One common theme that financial planners face at present is a lack of time.
This is driven by the many issues they now face. Some of these are Industry related, some Licensee driven and of course internal factors within the business. Time pressures have never been so great on Practice owners.
THE TOP CONTRIBUTORS TO A LACK OF TIME ARE:
- Making a licensing decision
- Preparing for the FASEA exam
- Studying subjects for formal qualifications to meet Industry education requirements
- Running a business
- Meeting higher compliance obligations
- Delivering client services
Lets get it right, delivering client services and running the business need to be equal first. Without this focus the rest becomes immaterial. However, in such times many are stepping up to the challenge and realising that it is ok to seek support to navigate through all of the issues & noise and continue to build a business. Finding time to work on the business rather than in it is the issue.
Support can come in many forms
At Futuro we offer support in several ways – our Directors have many years experience in both running their own advice businesses and at a licensee level. We also offer access to the Futuro business coach who runs our Business Growth program. This program provides tangible support to map out a plan of attack for Principals to enable their business to continue to evolve and achieve their growth targets.