Alternatives to the late-career wind-down for sole practitioners

Is this your situation? You’ve had a successful career. You’ve achieved your success on your own as a sole practitioner without being part of a larger firm. You still enjoy practice but you don’t enjoy competing with the cut price operators. Your loyal clients will hire you without hesitation but you are not attracting many new clients. In recent years your revenue has been declining, sometimes more rapidly than you want. When a large matter presents itself, you have to knock it back because you don’t have the resources to handle it. Being on your own means you can’t leverage junior staff at lower rates. Because you don’t really need the work, your pricing structure has become out of sync wi

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Email: peter @ peterfrankl     Tel: 0413 871 231
Peter Frankl Pty Ltd, PO Box 848 Edgecliff NSW 2027
Level 5, 203-233 New South Head Rd, Edgecliff, NSW
Business Agent Lic. 20145288  Corporate. Lic. 1416310