thank you to our supporters this week, Amaka, the gold standard in accounting automation and integrations, visit amaka.com
Do you take on projects at your accounting firm? most accounting firms i talk to nowadays don't really want to take on projects...
tbh, we're kind of scared of projects. Sometimes I'm so scared to price them. I'm scared that they're going to be the wrong project and take too much time. And then it's all everybody's talking about at the firm is this client with this big project and we're still not done with it, and it's been seven months...
So let's define a project. when I say people don't want to take on projects, what am I referring to?
I think of a project as something that is not going to be recurring or unlikely to be recurring....
So for example, someone comes to you and they want to sell their business and they need three or five years of financials recreate it and then possibly help them through due diligence. And then they're gone so huge spike in work, but potentially if you price it right, you can make a lot of money...