The Value Pricing Podcast The 5 Critical Things Every Accounting Firm Must Do in 2025 to Stay Ahead
Feb 17, 2025
Discover how AI is transforming the accounting profession and making traditional compliance tasks obsolete. Learn why raising your prices now is crucial for staying competitive. Uncover the urgent need to transition to value pricing to boost profits and client satisfaction. Explore strategic planning tips to overcome common industry challenges. Lastly, find out how to leverage new technologies for enhanced business advisory services, paving the way for a successful 2025.
AI Snips
Chapters
Transcript
Episode notes
Strategy and Planning
- Create a clear strategy and plan for the next year, focusing on personal and business goals.
- Consider what you want to achieve and what challenges you face.
Raise Prices
- Raise prices with existing clients if you're overworked or underpaid.
- Address pricing mistakes to avoid working long hours for insufficient income.
Price Increase Story
- Mark Wickersham shares how he raised prices by 20% for two consecutive years.
- This transformed his struggling practice into a profitable one, leading to its successful sale.