Sole Practice Club

Are you tired of shouldering the burden alone as a sole practitioner accountant? Even if you have staff you are still the sole decision-maker in your practice with all the responsibility and pressure this brings.

Introduction

Unleash your potential

Imagine a supportive community of like-minded professionals who understand your challenges, frustrations, and aspirations. That’s what you get as a member of the Sole Practice Club, designed exclusively for sole practitioner accountants like you.

Step into a world where expertise meets camaraderie, where learning from your peers and from me and all I have absorbed over the years from hundreds of 1-2-1 mentoring sessions, will save you time, effort and frustration.

Join us now and you’ll discover a peer-led face-to-face online group and forum that not only resolves your day-to-day business issues but propels you towards long-term success.

Break free from isolation, gain invaluable insights, and embark on a transformative journey with the Sole Practice Club. Best of all our monthly meetings count towards your CPD targets even though we do not talk about technical issues. Your sole practice revolution starts here. Read on to learn more and seize the opportunity that awaits you.

Fraction of the cost

Unlike other mentoring groups that charge hundreds or thousands of pounds a month, Mark Lee’s Sole Practice Club offers all the benefits of a mastermind group at a fraction of the cost.

Registration is simple. Simply click the Join Now button and then complete the payment details. Once you’ve done that I’ll email you everything you need. Or, if you have any questions that are not addressed in the FAQs below, just call me and I’ll do what I can to help.

This is a superb place to meet like-minded accountants who want to pool ideas and support each other. Mark creates a very relaxed environment without the pressure of hype or expectation

Andy Downs
Balloon Accounting

Really interesting to hear how other practitioners approach particular issues and Mark provides insightful anecdotes from his years of experience mentoring sole practitioners.  I got some valuable ideas which I plan to tweak and implement in my practice.

Dan Devonald
Einstein Tax

The SPC provides a wonderful supportive arena where members can engage in open discussions of challenges and issues being experienced, with Mark facilitating with his portfolio of sectorial expertise. It is a hotbed of solutions and I have always left the sessions with at least one take-away nugget

David Frederick
Marcus Bishop Accountants

The SPC provides a wonderful supportive arena where members can engage in open discussions of challenges and issues being experienced, with Mark facilitating with his portfolio of sectorial expertise. It is a hotbed of solutions and I have always left the sessions with at least one take-away nugget

David Frederick
Marcus Bishop Accountants

Really interesting to hear how other practitioners approach particular issues and Mark provides insightful anecdotes from his years of experience mentoring sole practitioners.  I got some valuable ideas which I plan to tweak and implement in my practice.

Dan Devonald
Einstein Tax

This is a superb place to meet like-minded accountants who want to pool ideas and support each other. Mark creates a very relaxed environment without the pressure of hype or expectation

Andy Downs
Balloon Accounting

Hear from one of our members

Andy Downs from Balloon Accounting has given an honest review on linkedin about the Sole Practice Club, have a listen and if you would like to see the full post, click here.

Being a member of the Sole Practice Club

As a member of the Sole Practice Club, you’ll stay ahead of the curve as we tackle fresh issues stemming from changes in the economic, professional, and competitive landscape.

Imagine what a difference this could make to your practice and how good it would feel. You’re likely to leave each meeting buzzing and excited about what you have learned. As a result you will achieve your objectives and resolve challenges faster and with more confidence than ever before. This will all give you real leverage to move your practice forwards.

Other mentoring groups charge anything from £250-£950 a month. So you may be expecting to pay something similar to join the Sole Practice Club – especially if you know anything of my background, reputation and expertise. But that’s not how I work. So be ready to be pleasantly surprised. And there’s a full money-back guarantee too.

Join us today and start short-cutting the process of changing things for the better in your practice. Registration is simple. Simply click the Join Now button and then complete the payment details. Once you’ve done that I’ll email you everything you need. Or, if you have any questions that are not addressed in the FAQs below, just call me and I’ll do what I can to help.

  • Resolve your immediate day to day and longer term business issues
  • Test your assumptions
  • Be more confident you are making the right decisions and choices
  • Remove the loneliness of working for yourself
  • Gain more confidence to make the changes you want to make in your practice
  • Improve your work-life balance
  • Short-cut the process of changing things for the better
  • Benefit from a unique peer-led face to face forum
  • Maximise your profits within the constraints you set
  • Feel energised and motivated at least once a month.
  • Achieve the success you deserve – on your terms

Is is right for you?

You are eligible to join the Club if you are the sole decision maker for your accountancy firm. This means no active Partners or Directors. You may operate your firm alone or be supported by staff, contractors and/or virtual assistants.

Overcoming challenges

Overcome the struggles facing most sole practitioners. As the sole decision maker for your accounting firm, you’ve likely faced isolation, overwhelming workloads, and the constant pressure to run a successful practice. I understand your struggles here and so do all of the members of the Sole Practice Club.

Join our community of passionate sole practitioners who are ready to support you every step of the way. By becoming a member, you’ll gain access to a powerful network of professionals who share your journey and understand your challenges.

Across the course of each year we address all of the most common issues you face plus any fresh issues that arise as a result of changes in the economic, professional and competitive environment.

N

Marketing and promoting your practice – effectively rather than randomly

N

Effectively pitching your services 1-2-1

N

Pricing your services – with more confidence

N

Increasing your fees

N

Onboarding new clients efficiently

N

Keeping clients happy

N

Resolving issues with problem clients

N

Encouraging the referrals you really want

N

Improving your practice profitability

N

Software options and choices

N

Improving efficiency and peace of mind

N

Strategic planning for your practice

Membership Benefits

  • Reserved space at monthly meetings of your group – 10-20 attendees
  • Opportunity to be part of a select group of sole practitioners willing to share with each other what’s going well, what’s not and to learn from each other.
  • A full recording of each of your group’s Zoom meetings – whether or not you were able to attend.
  • Direct access to benefit from my extensive knowledge and experience during and between meetings.
  • Supporting notes and guides related to many of the topics we discuss.
  • An opportunity (rather than an obligation) to commit to fellow group members as to the actions you will take and then to report back on your progress.
  • Access to a private Facebook group to continue discussions with all members of the Club and with me in between meetings. Including a weekly ‘Ask me anything’ topic.

Extras

  • Monthly Ask Me Mark Anything (AMMA) sessions in addition to monthly SPC group meetings
  • Potential leads via complimentary listing as a tax ACCOUNTANT on Tax Advice Network website during your period of membership of the Club. (Normally £120 pa)
  • Weekly tax tips published by the Tax Advice Network for general practice accountants
  • Discounted ad-hoc 1-2-1 strategy and mentoring calls with me (saving hundreds of pounds a year)
  • Discounted places at any supplementary webinars you attend where I address key issues in more detail (saving at least £250 pa)

Membership details

Membership Details

  • Simply choose whether you want to join Group 1 (8.30am) or Group 2 (11am)
  • Click the relevant link to complete your initial subscription

Once you’ve done that, I’ll email you everything you need. Or, if you have any questions that are not addressed in the FAQs below, just call me and I’ll do what I can to help.

    Money Back Guarantee

    I am confident that you will be delighted by your investment in The Sole Practice Club.

    However, if you don’t feel that membership is beneficial you can have a full refund of your subs if you ask for this within 3 months of joining the Club. The only caveat to this guarantee is that you must have taken the opportunity seriously and attended at least 2 meetings.

    Since starting the Club in 2022, no such refunds have been requested. I offered this same guarantee to members of The Inner Circle and during the five years it ran not one person requested a refund.

    Monthly

    Meetings take place on the 2nd Tuesday of each month.

    Anually

    Meetings take place on the 2nd Tuesday of each month.

    Save over £100 by paying annually upfront.

    Frequently asked questions

    When are the meetings?

    We meet on the 2nd Tuesday of each month.

    Group 1: 0830-1000hrs
    Group 2: 1100-1230hrs

    How many sole practitioners will be on each zoom call?

    There will generally be something between 6 and 15. Membership of each group is capped at 20.

    Can I switch between groups?

    If your needs change then we will do our best to accommodate you. The key caveat will be if the ‘other’ group is close to or at capacity.

    Will I fit in?

    You will fit in if you share the same key characteristics as most members of the Sole Practice Club:

    1. Are you a sole practitioner running your own ambitious general accountancy practice?
    2. Have you been in practice either now or during the course of your career for at least 2 years?
    3. Do you have an open-minded approach to problem solving – for yourself and others?
    4. Are you keen to avoid reinventing the wheel, to benefit from the synergy of the group and to learn from your peers?
    5. Are you willing to give as well as to receive help, ideas and support?
    6. Are you prepared to make a modest monthly investment in the development of your practice?

    If you answered ‘yes’ to those questions, you should fit it fine.

    Who Is this NOT for?

    • You want to be cajoled and chased to do stuff between meetings like a naughty school kid
    • You are looking for a quick-fix ‘magic’ solution to solve your issues
    • You expect to get seminars or a lectures. These are available quite separately to the monthly Zoom meetings
    • You want to be part of a technical discussion forum. Our discussions focus on practical and commercial issues rather than technical topics.
    • You want to pay hundreds of pounds a month for mastermind group support
    • You are a show off or have a big ego and want to show how wonderful you are
    • You aren’t willing to have your camera on during our online meetings
    • You want to be held to account and embarrassed if you don’t manage to make progress between meetings

    NONE of the above is on offer through the Sole Practice Club 😉

    Can I pay to attend one meeting and see how it goes?

    Of course you can. To maintain the integrity of the group and to be fair to all members, we charge a prospective member fee – currently £132. And such places are limited. Please let me know if you are interested and I’ll confirm when the next spot is available.

    Can I keep my camera off during meetings?

    I’m really sorry but we do need everyone to have their cameras on. This is how we can be sure who is there and will also help build camaraderie and support among club members.

    Is there a WhatsApp group for Club Members?

    No. Sorry. I find them too distracting and unhelpful. So I would never encourage accountants to join such a group.

    What if I don’t want to engage in the Club’s Facebook group?

    That’s fine though you will be missing out on one of the benefits of membership. Indeed. If that ever becomes a majority view I’ll move the group to another platform.

    Can I see the Membership Agreement before applying to join the Club?

    Of course. It’s here

    What’s in it for me (as an accountant)?

    I’m sorry if I haven’t adequately spelled this out already. Here are some of the reasons accountants have previously told me they renewed their membership or wanted to join my groups:

    • Learn from others what they are doing better than you
    • Avoid reinventing the wheel
    • Focus on building the practice rather than just servicing clients
    • Gain a greater commitment to achieving my goals
    • Learn new ideas I can adapt and implement to suit me, my practice and my clients
    • Confirm that you are not the only one going through the decision journeys that you encounter
    • Hear about and discuss the problems facing other sole practitioners
    • Overcome the isolation of working alone
    • Bounce ideas around with fellow sole practitioners
    • Learn how others have overcome the same challenges that you face
    • Gain from regular interaction with a peer group

    How do I know the meetings will address my issues?

    First of all – membership is NOT just about the meetings 😉

    It is invariably the case that the ideas and solutions being sought by one member of the Sole Practice Club inspire other members too.

    Whilst every sole practitioner is unique and special, I rarely come across anyone whose issues, challenges or problems are not shared by others. If that does happen then we can arrange a 1-2-1 to address your very specific issues.

    When you join up we ask you to identify any key issues you hope the Club will help you to address. We sometimes return to discuss topics that have been addressed previously. New members always add a new perspective.

    What if someone tries to dominate the discussion?

    I don’t let this to happen. I never did when we had face to face meetings. With zoom it’s even easier as I could mute someone but so far this hasn’t been necessary and I hope that’s how things continue to be.

    How can I be sure I will get value from this?

    Since the Sole Practice Club started in 2022, no one has left any of the monthly meetings saying they were a waste of time. On the contrary everyone seems invariably positive, energised and motivated.

    My approach, enthusiasm and reputation mean that I make every effort to ensure that everyone gains maximum value from each session. I am skilled in running such meetings (on and offline), keeping them to time, helping to draw out the key learnings to everyone’s benefit and never taking myself too seriously.

    Experience with similar groups has proved that the more a member of a group, like the Sole Practice Club, is prepared to contribute and to share their ideas and solutions, the more fellow members will want to help them. This supports the old idea of ‘givers gain’ or ‘you scratch my back…’

    You can also rely on my money-back guarantee (as outlined above). Essentially, if you don’t feel that membership is beneficial you can have a full refund of your subs if you ask for this within 3 months of joining the Club. The only caveat to this guarantee is that you must have taken the opportunity seriously and attended at least 2 meetings.

    I offered this same guarantee to members of The Inner Circle and during the five years it ran not one person requested a refund.

    What is the overall purpose of the Sole Practice Club?

    Simply to help our sole practitioner members to become as successful in practice as they wish to be.

    This is why we ask about your key challenges at the outset. And also why we suggest that if you are already as successful as you want to be then it’s not for you.

    What if I cannot attend a meeting?

    You’ll miss out on contributing but will still get a recording so that you won’t miss out on the discussion, learnings and advice.

    Where did the idea for the Sole Practice Club come from?

    I have been facilitating face to face groups like this for many years. Most recently, from 2014-2019 I ran The Inner Circle – an in-person round-table group for sole practitioners in London. I have combined the best of what worked well for that and other groups I have run, with my wider experience of participating in ‘mastermind’ groups.

    What is a ‘mastermind’ group?

    There are many variations. Essentially they involve like-minded participants sharing their ideas – so that the group benefits from the ‘mastermind’ that is created. Many variations of such groups exist for entrepreneurs and business owners. This is NOT a class, group coaching, or networking group.

    Some accountants run mastermind groups for their clients. After attending Mark’s Sole Practice Club you may choose to establish a similar group for your clients.

    Why should I trust you?

    Do check me out online – through the About Mark page on this website, on Linkedin where I have c13,600 followers (mostly from the UK accounting profession), on AccountingWEB where I wrote over 200 articles with more than one million views, or even just google me.

    Most accountants who join the Sole Practice Club seem to already know me or know of me. I cherish my integrity, professional approach and passion to help sole practitioner accountants. Regular feedback from those I have worked with and those who read my articles, blogs and comments is invariably positive and grateful.

    Membership Terms

    As a member of the Sole Practice Club you would also need to agree to the following key principles which form part of the Membership Agreement:

    • Share ideas, issues, challenges and solutions in an open and constructive way
    • Respect fellow members’ views
    • Keep confidential everything you hear about other practices – adopting the principles of the Chatham House Rule
    • Help keep the club independent and free from bias
    • Contribute ideas and suggestions to enhance the value members derive from membership of the club
    • Accept that, whilst I will run the Club for the benefit of all, it’s my club and my rules 😉

    The terms of the agreement are essentially ‘small print’ standard terms and conditions to protect members and enshrine my right to expel anyone who disrupts the Club. This is a necessary precaution I have been advised to adopt even though I would not expect to ever have to do this. (I never have before!)

    Membership Agreement

    The Sole Practice Club Membership Agreement
    Your membership of the Mark Lee’s Sole Practice Club is subject to the terms of this agreement which we have attempted to keep as simple as possible.

    Past experience suggests that we can trust accountants who belong to Mark’s groups without needing to obtain signatures to evidence this. However you will be reminded of this agreement should the need arise. If you have any problems with these terms you must notify Mark without any delay.
    This AGREEMENT is made

    BETWEEN

    (A) Each sole practitioner joining the Sole Practice Club and (B) Mark Lee whose business name is BookMarkLee

    Definitions

    In this Agreement:

    “Member” means both the sole practitioner and their practice (if this is a distinct legal entity)
    “Membership Fee” means the lump sum or monthly payments due by reference to this agreement.
    “Club” means the Sole Practice Club run by Mark Lee
    “Primary Membership Period” means 12 months
    “Start date” means the first date on which the Membership Fee or subscription is paid.
    “We”, “Our”, “Us” each refer to Mark Lee and his authorised representatives
    Basis of Agreement

    Mark undertakes to provide the services set out in Appendix A and the Member agrees that their participation in the Club shall be governed by the Terms of Business set out in Appendix B.

    Before applying to become a member please ensure you are willing to abide by the following key principles which form part of the Membership Agreement:

    Membership Trust Principles

    Members agree to:

    Share ideas, issues, challenges and solutions in an open and constructive way
    Respect fellow members’ views
    Keep confidential everything you hear about other practices – adopting the principles of the Chatham House Rule
    Help keep the club independent and free from bias
    Contribute ideas and suggestions to enhance the value members derive from membership of the Club
    Confidentiality Undertakings

    We undertake to:

    respect the confidentiality of all Members and to be bound by the Chatham House Rule*.
    The Member undertakes that they will:

    protect the confidential nature of discussions between members of the Club whether online during Club meetings or otherwise in accordance with the Chatham House Rule*.
    not disclose any of the financial terms of this or any supplementary Agreement between the parties to any person outside of the Member’s firm.
    Breach of these confidentiality undertakings by the Member, unless required by law or a professional body, may result in the Member’s exclusion from the Club without refund.

    *The Chatham House Rule means that any reference to discussions at the meetings must be unattributed and the specific attendees should not be disclosed.

    Money Back Guarantee

    We undertake to promptly refund all sums paid under this Agreement if requested to do so by the Member after 3 months membership, if they notify us that they do not feel they have benefitted from their membership of the Club and request such a refund. The only caveat to this guarantee is that the Member must have taken the opportunity seriously and attended at least 2 meetings of the Club.

    APPENDIX A

    We will provide the following services to Members to ensure they can gain maximum benefit and value from their membership of the Club:

    Arrange and notify Members in good time of the details of monthly online meetings for their group of Club members
    Organise and facilitate the discussion at such meetings so as to ensure Members can gain maximum benefit
    Set up and moderate an online discussion forum for members of the Club to use to communicate with each other and with Mark in between meetings.
    Further services and benefits may be provided from time to time to enhance the value of membership of the Club.

    For the avoidance of doubt there is only one Club regardless of how many groups there may be – to allow for differing time preferences and also to keep each meeting to a manageable number to ensure maximum benefit to each member.

    APPENDIX B – This is the heavier legal bit….

    1. Membership

    1.1 The Member’s participation in the Club shall commence on the Start Date and shall continue until the end of the Primary Membership Period.

    1.2 Throughout the Membership Period the Member may attend each of the meetings referenced in Appendix A. This right will be curtailed in the event that payment of the Membership Fee is outstanding.

    2. Mutual Rights

    2.1 The Member has the right to to renew their Membership but will not be obliged to do so.

    2.2 We reserve the right to:

    2.2.1. Vary the terms and conditions of this Agreement within reason by giving one month’s notice in writing of the variation.

    2.2.2. Postpone or reschedule, or vary the scope or content of, any meetings, reviews, documents or materials scheduled or proposed in connection with the Club without prior notice.

    2.2.3. Exclude from future meetings any Members who are a disruptive influence and who we consider to be failing to behave in an acceptable manner during or between meetings of the Club.

    2.3 Mark Lee retains all intellectual property rights (including, in particular, copyright) in all documents and other written materials, which are provided to the Member in connection with their membership of the Club. The Member agrees not to do or permit any act which would or might infringe Mark Lee’s rights in, and to keep in strict confidence and not to copy or disclose to any third party without Mark Lee’s prior written consent, any such document or other written materials or the contents of them.

    2.4 In the event of a breach of any of the terms of this Agreement by the Member we have the right to terminate this Agreement in which event the Member has no right to any refund of the unexpired portion of the Membership Fee.

    2.5 The Member acknowledges that, except where expressly agreed by Mark Lee, none of the meetings, reviews, documents or materials conducted or prepared in connection with the Club will be conducted or prepared specifically for the Member.

    2.6 Except where so agreed, the Member shall not rely upon or otherwise act in accordance with any information or advice (in whatever form) derived from their Membership without first seeking advice in relation to the Member’s specific requirements.

    3. Liability

    3.1 Mark Lee shall not be liable for any loss or damage (whether arising in contract, tort including negligence or otherwise) incurred by the Member acting in reliance upon or in accordance with any information or advice derived from their Membership of the Club.

    3.2 Without prejudice, Mark Lee’s liability to the Member for any loss or damage (whether arising in contract, tort including negligence or otherwise) incurred by the Member acting in reliance upon or in accordance with any information or advice (in whatever form) provided in connection with their Membership of the Club shall be limited to the quantum of the annual value of the Membership Fee. Mark Lee shall not be liable under any circumstances for any loss or damage, which is indirect or consequential.

    4. Agreement Renewal

    4.1 We will normally, but are not obliged to, invite the Member to renew this Agreement for a further term. Subsequent renewals will also be optional for both parties.

    5. Mediation

    5.1 If a dispute arises out of this Agreement, the parties will attempt to resolve this in good faith.

    5.2 If the dispute cannot be settled through negotiation in good faith, the parties will seek to settle the dispute by mediation before resorting to arbitration, litigation, or some other dispute resolution procedure. The fees for the mediation will be borne equally by the parties.

    6. Agreement and Law

    6.1 The Member shall not assign or delegate or otherwise deal with any of its rights or obligations under this Agreement without the express agreement of Mark Lee, which shall not be unreasonably withheld.

    6.2 This Agreement contains the entire statement of terms of the Member’s participation in the Club and, in the event of any conflict between this Agreement and any website, promotional materials or other document in connection with the Club, this Agreement shall prevail.

    6.3 The Member shall not comment publicly, via any form of social media or issue any information or statement that could be interpreted as critical of Mark Lee or the Club (or any part of it). Breach of this clause can lead, at Our absolute discretion, to the termination of this agreement with no obligation to refund any membership fees paid by the Member.

    6.4 This Agreement is governed by, and shall be construed in accordance with, English law and any claims and disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the Courts of England and Wales.

    6.5 If any provision of this Agreement is found to be illegal, invalid or unenforceable under any applicable law, such provision shall, insofar as it is severable from the remaining provisions, be deemed omitted from this Agreement and shall in no way affect the legality, validity or enforceability of the remaining provisions.

    7. Third Party Rights

    7.1 A person who is not a party to this Agreement has no rights under the Contract (Rights of Third Parties) Act 1999 to enforce any terms of this Agreement, but this does not affect any right or remedy of a third party which exists or is available apart from that Act.

    Last updated: 20 August 2022