Posts Tagged ‘value pricing’
How Accounting Firms Can Offload Bad Clients
Today I’m here at Butterfly Gardens in Brentwood Bay, BC. I wanted to chat with you today about how accounting firms can offload bad clients. Before I get to that, here’s an interesting fact I just learned while at Butterfly Gardens. There’s a sign that says that there are at least 150 different species of…
Read MoreHow Accounting Firms Avoid Hitting the Revenue Ceiling
How Accounting Firms Avoid Hitting the Revenue Ceiling Calling all CPAs. How Do Your Accounting Firms Avoid Hitting the Revenue Ceiling? As you know, inflation has been going through the roof and the price of everything is getting higher and higher. However, at the same time, accounting firms haven’t been increasing their prices and continue…
Read MoreAccounting Firms Need to Stop Doing Personal Tax Returns
I’ve said this so many times…accounting firms need to stop doing personal tax returns. There’s been a big push in the accounting industry lately where everybody moving to outsourcing. You know I’ve always said that if you’re doing outsourcing as your first step as your value, as a way of crushing your prices so that you can compete on price, then you’re dead. It’s a brutal model, you’re going to suffer.
It’s time to stop using this outdated and archaic pricing model. Move over to a value-based subscription model for your clients. You want to serve your accounting clients the way you were professionally trained – focus on advising the clients while working in a model that works best for you.
Read MoreHow to Attract Talent To Your CPA Firm
How to Attract Talent To Your CPA Firm There’s a problem that I’ve heard from multiple accounting firms over and over again…they just cannot figure out how to attract talent to their CPA firms. This is a major epidemic quite frankly. Finding quality staff and team members to work in your accounting practice is a…
Read MoreShift your accounting business model – for your clients and for your freedom
Erik’s Rant: Shift your accounting business model and get back your freedom! I am fired up! I just got off a mastermind call with a group of my CPAs in the Accountant Success Formula program. I’m really fired up and pissed off. I was talking to one of the members of my group and they…
Read MoreAnytime Anywhere
I’m always interested in other business models to see what works and what doesn’t. I found one in SCOTLAND that’s brilliant. Follow the same approach and you’ll meet unexpected success. Hope you enjoy this week’s video.
Read MoreAdvocate for CPAs and the Accounting Profession
Advocates Close: Advocate for CPAs and the Accounting Profession Hello, I’m coming to you from Edinburgh, Scotland again. Have you ever stopped to think about who’s your biggest advocate? Today I’d like to talk about how I am an advocate for CPAs and the accounting profession. I just walked by a really interesting structure on…
Read MoreDeliver More Value and Increase Your Price Per Client
Deliver More Value and Increase Your Price Per Client Scotland is a brilliant country, full of history and culture. But what does Scotland have to do with how to deliver more value and increase your price per client? This week’s video is coming to you from Edinburgh and what I want to talk about this…
Read MoreWhat Is Your Unique Ability?
What Is Your Unique Ability As An Accountant? Today I’d like to ask you a very important question. What Is Your Unique Ability As An Accountant? I am doing this post from another hotel room. Where could I be in Toronto? Clue — CN Tower. I’m here because I’m actually going to be seeing a…
Read More3 Mental States
The 3 Mental States of CPAs What’s top of mind for me today? The 3 Mental States of CPAs that I’ve seen over and over again. I want to make sure you’re choosing the right mental state. It’s February… tax time in North America. For Canadian CPAs and U.S. CPAs, it can be a pretty…
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