Business Strategy for CPA's

Today we’re playing BS CPA LINGO BINGO.    Lingo in the accounting space that makes some of us kind of crazy.  There are five terms that are especially problematic for CPAs and accountants that slow business growth.    In this First Edition of BS CPA LINGO BINGO, I’ll call out for  B! Advisory Services; I! Future-Proof; N! Trusted Advisor; G! Wait for it…; O! The 3% Rule of Thumb.    B! Advisory Services;  The buyer asks, “Is there service without advice?” Buyers want the whole experience, not just the service   I! Future-Proof;  Anything -proof connotes something you don’t want, or are trying to protect yourself from The future will be here tomorrow, like it or not You’re best off embracing the future with wide-open arms   N! Trusted Advisor;  It makes no sense - why take advice from someone you don’t trust? It’s like Honest Banking - it’s not convincing Trust is built and generated, not granted   G! Big Firm Capability, Small Firm Personality: It’s not believable Why differentiate on personality when you can differentiate on wealth generation   O! The 3% Rule of Thumb: Collective business decision with no business strategy behind it Caps your income at 3% of your clients’ revenue - why would you do that to yourself?   Want to get your accounting practice to the next level? Focus on creating value, selling outcomes, and pricing those outcomes. You’ll set yourself apart as a CPA who provides great service.  Want some help in your CPA firm, but not sure where to start? Schedule a free discovery call with me: https://calendly.com/geraldinecarter/15min   Want to find out what options you might have for working together? More about 1:1 coaching, roadmaps, and DIY courses here: https://shethinksbigcoaching.com/coaching-options

Show Notes

Get your FREE 7 Pricing Essentials for CPAs and EAs here:
https://geraldinecarter.com/7

Today we’re playing BS CPA LINGO BINGO. 

 

Lingo in the accounting space that makes some of us kind of crazy. 

There are five terms that are especially problematic for CPAs and accountants that slow business growth. 

 

In this First Edition of BS CPA LINGO BINGO, I’ll call out for 

B! Advisory Services; I! Future-Proof; N! Trusted Advisor; G! Wait for it…; O! The 3% Rule of Thumb. 

 

B! Advisory Services; 

  • The buyer asks, “Is there service without advice?”
  • Buyers want the whole experience, not just the service

 

I! Future-Proof; 

  • Anything -proof connotes something you don’t want, or are trying to protect yourself from
  • The future will be here tomorrow, like it or not
  • You’re best off embracing the future with wide-open arms

 

N! Trusted Advisor; 

  • It makes no sense - why take advice from someone you don’t trust?
  • It’s like Honest Banking - it’s not convincing
  • Trust is built and generated, not granted

 

G! Big Firm Capability, Small Firm Personality:

  • It’s not believable
  • Why differentiate on personality when you can differentiate on wealth generation

 

O! The 3% Rule of Thumb:

  • Collective business decision with no business strategy behind it
  • Caps your income at 3% of your clients’ revenue - why would you do that to yourself?

 

Want to get your accounting practice to the next level?

Focus on creating value, selling outcomes, and pricing those outcomes. You’ll set yourself apart as a CPA who provides great service. 

Want some help in your CPA firm, but not sure where to start?

Schedule a free discovery call with me:

https://calendly.com/geraldinecarter/15min

 

Want to find out what options you might have for working together?

More about 1:1 coaching, roadmaps, and DIY courses here:

https://shethinksbigcoaching.com/coaching-options


Get your FREE 7 Pricing Essentials for CPAs and EAs here:
https://geraldinecarter.com/7

What is Business Strategy for CPA's?

Business Strategy for CPAs: work less and make more. You know how to be an accountant – it’s running your business you need help with. With guests interviews and solo episodes, you will get business strategy every week to help you simplify your practice, get out of the compliance trap, get your time back, and command higher fees. Stop missing out on life: start working less while adding the next six figures of income. Business Strategy for CPA's is the show for you!