2min chapter

Growing Your Firm | Strategies for Accountants, CPA's, Bookkeepers , and Tax Professionals cover image

Everything You Need to Know About Buying or Selling an Accounting Firm with Brannon Poe

Growing Your Firm | Strategies for Accountants, CPA's, Bookkeepers , and Tax Professionals

CHAPTER

The Importance of Focusing on Your Target Clients

When you see something like cash flow fall below 30%, I know it could be very contextual on the firm, but what are some of the symptoms that you typically see? Is it pricing as a packaging? Is it workflow? Is it all the above sometimes? Sometimes it's all the above. It's usually one or two big things. The other thing that I see is pretty common is a firm will try to be too many things to too many people. That's been an experience as the profitability tends to suffer.

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