Could you double your accounting firm’s profits in 12 months? It’s entirely possible, but only if you’re prepared to draw a line in the sand.
To move your practice forward, you can’t look back. Stop going through the motions and operating your practice the same way you always have. Just because this is what you learned at college or how it was done when you first entered the industry, doesn’t mean it’s the right way now.
If you’re not prepared to change, your chances of driving growth are next to none.
There’s no one-size-fits-all model for an accounting practice anymore. It’s up to you to redesign your firm based on the clients you want, the services they need, the work you’re good at, and the modern systems that will bring this all together.
This growth doesn’t necessarily mean hiring a bigger team or increasing your client numbers. We’re talking about getting things done better and faster, doing more with less, and being the very best at what you do. If you can achieve this, you’ll reap the rewards.
So where do you start? Edition two and our playbook, A firm’s recipe for growth, provide you with everything you need to consider, plan for, and change. Think of this as your toolkit to design the accounting practice you always wanted (even if you don’t know what that is yet).
You’ll learn best practices to assess where you are now, determine where you want to be, and design the machine that will take you there. You’ll look at every aspect of your accounting practice so that it can thrive today and for decades to come.
Where are your gaps? Who are your ideal clients? What services should you provide to them? How effective are your processes? Is your current team the right one to help you achieve what you want to? All these questions will be answered.
As an accountant, you have the opportunity to make a huge difference in the lives of so many others. Your clients come to you because they want to achieve greatness, and if you can help them get there, this greatness will come to your practice too.
And if you’re prepared to be bold, work hard, and make some big decisions, doubling your profit will only the beginning.
The Practice growth playbook provides you with a set of tools to transform your practice and double your profits in one year. Drawing on strategies employed by some of the world's most progressive firms, you'll learn how you can grow rapidly and build a sustainable firm. Download for free.