why create an accounting firm business model?

process touch screen showing workflow designpsst … it includes checklists.

by ed mendlowitz
call me before you do anything: the art of accounting

running a professional services business requires the ability to manage multiple types of strong-minded and -willed individuals.

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it works, but it needs a discipline and a model to follow.

here is mine:

accounting firm business model

  • delegating permits leveraging of work.
  • leveraging creates opportunities for partners and staff.
  • delegating signifies trust that what is needed to be done will be done the way it needs to be done by the due date.
  • the firm’s system should create a method of training, supervision, oversight and confidence that the work will be done the way it needs to be done.
  • the system establishes a structure to make it easier to delegate and manage.
  • checklists are part of the system by making it easier to lay out what needs to be done and how and in what order.
  • not following the system, including not using the checklists the right way, causes added work, time, supervision and stress, and destroys the business model.
  • not following the system reduces profits, growth and opportunities.