Building a multidisciplinary practice.
Growth strategy or nightmare? A multidisciplinary approach, with a core service in accounting or financial planning, combined with specialist services, is well-positioned to meet the future needs of a market thirsty for good advice that is affordable, adds value, and easy to transact with. The one-stop-shop has been around for many years, but many firms fail to capitalise on the benefits of a multi-disciplined approach. Cultural differences, pricing conflicts, system integration issues, regulatory conflicts, and scale can make multi-disciplined firms incredibly complex to manage.