CASE STUDY
Bruce Newberry
Bruce Newberry, a self-employed professional for over 20 years, recently transitioned from a solo practice to a thriving equity partnership. In just a four-day workweek, his annual earnings tripled, showcasing a remarkable career transformation.Â
Bruce Newberry is your typical sole practitioner—a quality professional who has been self-employed for over two decades. However, Bruce has uncovered a few secrets about business transformation and has an incredibly bright future ahead.Â
When Bruce first joined Best Practice, he was working long hours and paying himself a below-market base salary. His annualised profits left room for improvement.Â
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Having run practices simultaneously in Brisbane and Adelaide, Bruce understands how lonely it can be as a sole practitioner. Recently, he has transformed his mindset and approach to running his accounting firm.Â
Today, rather than being a 100% shareholder of a small firm, Bruce is an equity partner in a dynamic, rapidly growing firm. He has reduced his workload to a four-day week, yet his annualised earnings are now three times what they once were as a sole practitioner!Â
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