The Modern CPA Success Show

Transforming Your Business: The Power of Subscription-Based Models with Ron Baker (Part 1)

Jun 12, 2023

58:56

AI Chapters

Episode notes

Introduction

2min

The Difference Between a Business Model of Value Pricing and a Subscription Model

4min

The Revenue Model Question

3min

The Importance of Strategy in a Transactional Business

4min

The Value of CPAs

5min

The Problem With Working Virtually

5min

How to Effectively Do Post Mortems in a Subscription Model

4min

The Importance of After Action Reviews

2min

The Importance of Clear Communication in After Action Reviews

3min

10.

The Importance of Reflecting on Lessons Learned

4min

11.

The Importance of Repetition

4min

12.

The Importance of Change Management

5min

13.

The Importance of Client Selection

2min

14.

How to Communicate Value Early in a Relationship

5min

15.

The Value of Capacity in Relationships

5min

16.

The Importance of Creating Value Early On

2min

“We need to move away from pricing services and we need to start pricing what's really important, which is the relationship and transformations." - Ron Baker

The finer details of this episode:

Time sheets vs after-action reviews
Guiding transformations and monetizing relationships rather than charging for scope changes
Understanding a subscription-based model and how it differs from traditional-pricing models

Episode resources:

Summit CPA website – summitcpa.net
If you have questions or would like to be a guest on the show, email us at mcpasuccessshow@anderscpa.com
VeraSage Institute