• Accounting Firm Increased Fees by 50% and Stopped Tracking Time

  • Dec 10 2024
  • Length: 49 mins
  • Podcast

Accounting Firm Increased Fees by 50% and Stopped Tracking Time

  • Summary

  • Accounting firm owners manage a wide array of aspects to remain operational.

    • Tracking time

    • Invoicing and payment

    • Managing tax season

    • Addressing scope creep

    • Communication and setting expectations

    • Accurately pricing services

    Some accounting firms sideline these operational tasks because it cuts into billable hours.

    Anything that takes away from time spent on direct client services will impact a firm’s revenue.

    That’s especially true when firms continue to use a price strategy that tracks time and costs.

    But, what if you increased efficiency and no longer charged for time?

    Value pricing and the subscription model increases revenue and improves efficiency.

    Richard Greco, firm owner of Boutique Accounting Services, decided to make changes within his firm by focusing on value and client-centered processes.

    Richard shares the specific strategies which increased his fees by 50% - without tracking time.

    ✔️ The power of no longer tracking time or invoicing clients for services rendered

    ✔️ Raising fees with current clients

    ✔️ Fine-tuning processes to remove tax season stress within his firm

    Richard shares the process to increase fees by 50% and stop tracking time.

    By following the Raise Your Rates Formula, he increased his firm’s revenues and streamlined operations. As a result, he’s now spending more time on tax planning and advisory services.

    Find out more about Richard and Boutique Accounting Services at https://www.boutiqueaccountingservices.com/

    If you want to double your income, working half the time, then Get Paid What You're Worth is a FREE resource for accounting professionals.

    Check out this 43-page e-book at https://businesssuccesssolution.com/worth

    Subscribe to the Accounting Firm Growth Strategies Podcast:

    https://podcasters.spotify.com/pod/show/loren-fogelman2

    Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Accounting Firm Increased Fees by 50% and Stopped Tracking Time

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.