Develop a Leverage Culture
We all want to invest in new technology, learning and development and innovations to enhance our firms. To fuel those investments, we have to ensure that we have the right business practices that protect your firm’s profitability. If only the professional services business model was intuitive! Many of us struggle to get our arms around the various “levers” in our practices that influence profitability and success. Attend this session to explore our FAVORITE elements of economic health including:
- Understanding the most important CPA firm success metrics, such as fees per partner, leverage, and rate per hour
- Discuss ways you can improve all three metrics including progressive pricing strategies, delegation, culling clients and other ideas we’ll generate together
- Identify methods to further these change ideas with firm leadership
Leave this session with a clearer picture of how you can drive practice profitability and success!