Securitor advisers will now have access to business performance tracking tools as part of an initiative to strengthen practice valuations.
One of the tools helps advice businesses budget and provides insights into how their performance is tracking against their intended targets.
Securitor managing director Matt Englund said the tool was about allowing advisers to "step it up" in terms of their business decision-making and staff engagement.
"All the business productivity surveys point to a direct correlation between managing the financials of a business and achieving success. This tool helps bridge that gap," he said.
Securitor has also partnered with business consultancy firm Bstar to provide a business valuation methodology that gives practice owners "in-depth insights around their service delivery, client propositions and profitability".
Englund said advisers could then work with a Securitor practice development manager to implement an action plan to increase the value of their business.
"By using metrics, and having business leaders coached, they are more empowered to achieve business success," he said.
