The FaaS Evolution by GrowthLab FaaS cover image

Growing Pains: Running a Multifaceted Accounting Business

The FaaS Evolution by GrowthLab FaaS

CHAPTER

Growth Lab's Balanced Gross Margin

At 55% blended gross margin for the accounting services and my gut tells me it's probably going to stay around that 54, 55. If nothing were to change and we weren't going to grow anymore, we wouldn't have to add any more resources if the music were to stop. Unfortunately, there's not a whole lot of margin at 55. Now you're back up to 60, but yet the bicycle is just hobbling along. Insult to injury. We don't want toAdd any more fuel to that fire. It's July at Growth Lab. I love that halfway point throughout the year,. I'm able to compare our first half results to what our anticipated 2023 plan was

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