If not timesheets, then what? Introducing a Fixed Cost Model to your firm.
Timesheets have had their day in the sun. Mark Stovel from Firm Nexus explains why a Fixed Cost Model will keep your team motivated and your firm profitable.
Mark is a Canadian CPA who started in public accounting in 2010. In 2017, Mark launched a virtual CPA firm, and after four years of growth, exited his firm. Now he helps other firms with their team, tech, and trajectory.
Established in 2022, Firm Nexus is a community to support accounting firms with coaching and courses. Based in Ontario, Firm Nexus works with firms in Canada, the US, and Australia that are looking to create connected, scalable firms.