Operations includes business decisions and back-office workflow. To help a financial planner business run more efficiently and profitably, resources may be found via:

• Business planning to establish a vision, goals and budgets to mark milestones and keep your company on track through good times and bad
• Business management to structure your back-office operations, compensation models and the processes needed to get the work done
• Use of professional networks and advisory boards to keep operational ideas fresh and viable
• The ins and outs of a practice transition – buying, expanding or selling a practice
• The cost/benefit approach to outsourcing various job duties, hiring consultants
• Operating in a realistic manner to allow for a healthy work-life balance, personal growth and continuing education

• Going Independent Checklist
• Choosing an I-BD, company comparisons (12.5 MB)
• Workflow Documentation
• Workflows Checklist
• A Year After the Market Crash (FPA Research Center whitepaper)
• Business Plan Template
• Business Plan Workbook
• Operations Audit
• Assess Optimal Client Base
• Convert to Fees Road Map
• Client Profitability Workbook
• 10 Tips for Acquiring a Practice
• 10 Tips for Selling Your Practice