Miami Accountants Must Consider Putting a Business Plan in Place
- Top Miami Accountants spend the same hours at work as low and mid-level producers but use time differently.
- Top Miami Accountants think through and document who they want to serve and how to reach those clients. They plan, then act.
- 80% of Miami Accountants producing $1 million or more have written plans vs. 7% making $75,000 or less.
- Describe your accounting firms as it exists today, focusing on clients and relationships.
- Describe your accounting firm as it exists today, focusing on revenue and assets.
- Assess the factors that may impact your ability to achieve your objectives.
- Describe your practice in its ideal state.
- Set SMART (Specific, Measurable, Attainable, Realistic and Time-Bound) results-oriented goals around Revenue, Client Acquisition, and Assets
- Set Soft Goals oriented around the things that support the achievement of your Business Goals. (Ex: Office environment, technology, etc.)
- Outline the specific strategies you will employ to reach your goals. (Ex: Market seminars, Networking Groups, etc.)
- Determine the tactics will you implement to support the strategy. (Ex: Bi-monthly seminars on a variety of topics)
- Detail the action plan that will be used to ensure each tactic gets completed (Ex: Purchase leads, develop presentation, secure approvals, etc.)
- Remember that most people don’t plan to fail. They fail to plan. So take some time to plan for your success.
Accountants get paid to avoid paying excessive fees, but not so much about CPA. How do you know if you are being well represented or simply wasting your money?
Ask a room full of Miami Accountants they have thought about business planning, and most will say yes
Today about 75% of Miami Accountant firm clients pay a flat monthly fee versus hourly