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The current recession has taught many residential practitioners one valuable lesson: never rely on a narrow range of activities for your income. During the good times, most practices relied on a steady flow (and sometimes a flood) of well paid lending work. Once the recession hit, these instructions simply disappeared. Although this hit the whole sector, it is clear that those firms who maintained a broader ‘general practice’ are currently in better shape.
Future uncertainty – it’s not over yet
The policies of the new coalition government are unlikely to give quick results. The rise in VAT and concern over the national ‘belt tightening’ may cause cautious clients to defer spending decisions. While the economists argue about ‘double-dip recessions’, the message for the residential sector is clear: we are not out of the woods yet. Riding out the bad times may have been an appropriate strategy 18 months ago but as reserves run low, many have recognised the urgent need to diversify.
Planning for diversity
Diversification is not easy and it brings risks as well as opportunities. Consequently, we have chosen our new programme carefully. The topics are familiar and cognate. They focus on established professional roles that are defined, proven, and sustainable.
The seminar programme
For our autumn 2010 programme, we have chosen three distinct topics:
What’s the difference? – moving from the HomeBuyer Report to the building survey.
Getting the work done – organising building work for your client.
Party walls: developing your role as a party wall surveyor.
For more information, please download the leaflets and booking form by
clicking on the images below:
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