Introduction:
The phrase "eating your own dog food" might sound bizarre at first, but it carries a profound message about authenticity and confidence in one's own products or services. In this blog post, I want to share my personal experience of doing just that. I not only made a commitment to my...
Are you struggling to determine the right pricing strategy for your business? In the world of pricing, there are countless approaches, but according to the renowned management guru Michael Porter, there are only two strategies that truly lead to profitability. In this blog post, we will delve...
As an accounting firm owner, I know the grind all too well. For a decade, I poured my heart and soul into my practice, tirelessly working to make it successful. But you know what I realized? I didn't know what I didn't know.
It was time to embark on a journey of discovery, to learn from those who...
In the competitive world of accounting firms, your pricing strategy says more about your brand than you might realize. Just like designer brands such as Louis Vuitton and Chanel are associated with quality due to their premium pricing, your accounting firm can also benefit from higher fees. In...
In the dynamic world of accounting, the race to success favours those who dare to specialize. As the host of the Profitable Accountant Podcast, I've had the privilege of chatting with exceptional accountants who've achieved remarkable growth. Over the years, a powerful pattern has emerged:...
Hey there, accounting firm owners! Today, we're going to explore a crucial strategy that can take your firm to new heights and help you stand out in the competitive world of accounting. It's all about niching down and becoming a specialist rather than a generalist. So, why be something to...
When the pandemic hit, many businesses chose to hunker down and wait for the storm to pass. But I decided to take a different path, a path of innovation and daring. In this blog, I'll share my exhilarating journey of how I turned a risky Facebook ad campaign into a roaring success, earning over...
In the fast-paced world of professional services, the notion of being a "trusted advisor" holds significant weight. Clients seek professionals who can not only provide expertise but also act as a reliable source of guidance and support. However, a recurring question arises: if you claim to be a...
In the realm of business finance, a controversial opinion has been gaining traction: the notion that traditional accounts and tax returns hold little to no value for business owners. This perspective challenges the conventional belief that reporting on historical financial data is essential for...
In recent times, the rise of Chat GPT and other AI-powered tools has sparked both excitement and concern. The capability of AI to generate blog posts, suggest hooks, and even potentially write books has left many wondering if it will eventually take over the realm of content creation. However,...
When it comes to running an accounting firm, one of the critical decisions that business owners often face is whether to hire employees first or focus on acquiring clients. This dilemma holds significant implications for the growth and prosperity of your firm. In this two-part blog series...
In the competitive business landscape, pricing strategies play a crucial role in determining profitability. According to management guru Michael Porter, there are only two primary pricing strategies: low cost leadership and high value differentiation. In this blog post, we will explore these two...