
Jody Grunden Says Subscription Pricing Plays a Game Changer
CPA Trendlines Podcasts
00:00
Transitioning to Subscription-Based Billing in the Accounting Profession
The chapter explores the journey towards implementing subscription pricing in the accounting profession, emphasizing the shift away from hourly billing to a fixed monthly fee for better client relationships. It details the strategic approach taken by a company in pricing services, including determining break-even points, adjusting pricing for profitability, and automating invoicing. The discussion highlights the benefits of subscription pricing, focusing on predictability, improved cash flow, client retention, and the importance of tracking time for training and profitability.
Transcript
Play full episode