Episode 44. In today’s practical episode, “What Works for Accountants to Decrease Labor Intensity.”
Key takeaways from this episode include:
✓ the dangers of partners doing work that the juniors should be doing in an accounting practice
✓ ways to alleviate overwhelm and stress for more experiences professionals in accounting
✓ the importance of taking recruitment strategy seriously in a successful accounting practice
✓ the critical factor that accounting firms must get right to be les overloaded and more efficient
✓ the secrets to doing less work for more money in an accounting practice
✓ the dangers of not having a ‘minimum fee level’ for partners and senior staff in accountancy firms
✓ what accountants hate doing the most which traps them into doing lower level work
✓ what accounting firm leaders need to focus on to avoid labor intensity issues and stop senior people doing junior tasks
NOTE TO LISTENERS:
The Accounting Influencers Podcast is a CPE-accredited daily radio-style show with four segments coming out every Monday which are repeated on the other 4 weekdays as standalone episodes, plus a bonus ‘from the client’s perspective’ episode on Saturdays. On Sundays, listeners get a short min trailer for the coming week’s episodes.
Every Tuesday the show gives you a relevant news topic from the accounting and fintech world with a direct application to accountants, CPAs and bookkeepers. Great to stay informed and build your commercial acumen.
Every Wednesday and Friday, we feature an uncut interview with top authors, leaders, thinkers and performers in the accounting and fintech world.
Every Thursday the show gives you a practical ‘here’s what works’ tips concerning a key challenge, need or strategy for accountants, CPAs and bookkeepers. Great to stay current and keep your skills topped up.
Finally, every Saturday gives listeners a bonus episode which focuses on the buyers of accounting services – the clients themselves. In particular how they feel, react to and experience their interactions with accountants. That includes why they buy or don’t buy, why they move or stay and why they think how they think about you, your firm, your prices and your offerings.
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