Conveyancing Profitability and the importance of Software Design

Conveyancing is an intensely competitive market. There is a constant stream of new practitioners and licensed conveyancers offering services at ever lower prices. The dilemma is how to compete in such a savage market.

Driving efficiency in a small business, like a conveyancing practice, comes from three main aspects – people, technology and processes. Do you have the right people for the roles? Are they skilled, motivated and enabling you to generate more revenue and build a client base that will sustain your business?

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Driving efficiency in your conveyancing practice

As leaders in business, we can find it hard to give enough time to both managing the business and running the business. For a small business owner it can be even harder, because the buck stops with you. Often, this means that you spend your time “in the business” rather than “on the business” and so it is important to step back at times and consider whether your business is running as efficiently as possible, and whether it is meeting your strategic goals.

Driving efficiency in a small business, like a conveyancing practice, comes from three main aspects – people, technology and processes. Do you have the right people for the roles? Are they skilled, motivated and enabling you to generate more revenue and build a client base that will sustain your business?

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Conveyancing practice of the future

The conveyancing industry is undergoing major changes in technology, processes and work styles. These changes are driving a revolution in how conveyancing practices approach their clients, suppliers and staff. The practices that are open to change, are adaptive and service-focused are amongst those experiencing the most significant growth.

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Simplify your IT

Technology has had a significant impact on how we work, where we work, and even on what time of the day we work. We want flexibility and choice. And the ability to use our systems when on the move has become essential.

Until now the solution for older systems has been to provide remote access using the Internet. These older solutions can be slow, drain server performance and are costly to install and maintain. This has changed. Technology advances now enable applications to be written where the existence and use of the Internet is part of the fundamental design of the application and this design change results in much better solutions.

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