Business Strategy for CPA's

140 BS CPA LINGO BINGO


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Announcing the *NEW* Client Success Stories podcast:Β 

https://business-strategy-for-cpas-success-stories.transistor.fm/

πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†


Today we’re playing BS CPA LINGO BINGO.Β 

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

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

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

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

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B! Advisory Services;Β 

  • The buyer asks, β€œIs there service without advice?”
  • Buyers want the whole experience, not just the service

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I! Future-Proof;Β 

  • 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

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N! Trusted Advisor;Β 

  • 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

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G! Big Firm Capability, Small Firm Personality:

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

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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?

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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.Β 

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

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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


Announcing the *NEW* Client Success Stories podcast:Β 

https://business-strategy-for-cpas-success-stories.transistor.fm/

πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†

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Business Strategy for CPA'sBy Geraldine Carter