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Professional PlannerAugust 9, 201711.51am
On Practice
Most advice practices unprepared for sale and lack succession planning
Australian advice practices are not ready to present their businesses to potential buyers with fewer than one in four having a documented business or succession plan, according to Business Health. This is despite figures from the consultancy firm showing strong industry averages for firms with annual revenue of almost $1.2 million and profit margins of just under 30 per cent.
Oksana PatronJuly 18, 2025
