Professional Practices
About
Elevate your professional practice
We deliver bespoke accountancy and advisory services specifically designed for professional practices like yours. With over two decades of experience, we support a wide range of clients – from independent practitioners to mid-sized firms of up to X partners. This includes solicitors, barristers, surveyors, architects, engineers, recruitment agencies, and business consultants.
Our team has a deep understanding of the unique challenges and opportunities faced by the professional services sector. This allows us to provide solutions addressing complex billing structures, regulatory requirements, and the need for continuous professional development (CPD). We help you manage these complexities, enhance your financial performance, and achieve long-term growth and stability in your practice.
Additionally, for accountancy practices, we offer complimentary services, such as VAT and Corporate Finance to bolster your existing service offerings. This strengthens your client relationships and positions you as a one-stop shop for their financial needs.
Our approach
01
Practice management
02
Strategic tax planning
03
Regulatory compliance
04
Practice growth and succession planning
Practice management
We deliver streamlined financial management services tailored to professional practices. This includes efficient billing systems, expense tracking, and clear financial overviews, facilitating strategic decision-making and boosting profitability.
Strategic tax planning
Our team provides expert tax planning and compliance services, helping you maximise deductions, claim credits, and ensure full compliance with regulations. We guide you through everything from income tax to partnership taxation.
Regulatory compliance
Professional practices are subject to various regulations and ethical standards. We offer comprehensive advisory services to help you stay compliant, reducing the risk of penalties and maintaining your professional reputation.
Practice growth and succession planning
Whether you're expanding, considering a merger, or planning for succession, our team offers valuable insights and support. We assist with financial due diligence, advise on funding strategies for growth, and help you formulate sustainable plans tailored to your professional goals.
Services
We have worked with the team at SB&P for many years and appreciate their client centric approach. Not only have they served many of our clients admirably, a few years ago we decided to appoint them as our own accountancy advisers and have been pleased with the relationship.
Get in touch
Contact us today to schedule a free consultation. Let's discuss how our business and advisory services can support your professional practice and build a stronger financial foundation for your continued success. We look forward to partnering with you!