{"id":32598,"date":"2013-11-19t08:59:39","date_gmt":"2013-11-19t13:59:39","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=32598"},"modified":"2015-12-10t12:09:11","modified_gmt":"2015-12-10t17:09:11","slug":"value-billing-on-the-19th-hole","status":"publish","type":"post","link":"\/\/www.g005e.com\/2013\/11\/19\/value-billing-on-the-19th-hole\/","title":{"rendered":"value billing on the 19th hole"},"content":{"rendered":"

any billing method that relies on client ignorance is certain to fail.<\/strong><\/p>\n

by frank stitely, cpa<\/em>
\nstitely & karstetter, pllc<\/em><\/span><\/span><\/a><\/p>\n

value billing advocates exhort us to bill based on the benefit a client receives, but that\u2019s just the demand side of the economic equation. competition is the supply side. here\u2019s a little fable based on ed mendlowitz\u2019s \u201cvalue pricing: a lesson in applying judgment<\/a>,\u201d\u00a0where a cpa asks for billing advice and then bills a client $7,000 for three hours\u2019 work.<\/p>\n

\u201cgreat day, al.\u00a0 have you ever shot an 80 before?\u201d<\/p>\n

\u201cno, jay.\u00a0 this is my first.\u00a0 this round of drinks is on me.\u201d<\/p>\n

jay continued, \u201cyou\u2019ve had quite a week.\u00a0 first, you got your line of credit.\u00a0 now the best golf round of your life.\u201d<\/p>\n

al had just finished a round of golf with his banker, jay; a neighbor, john; and john\u2019s cpa, greg.<\/p>\n

\u201cjay, i am blessed with having great friends and advisors.\u00a0 you did a marvelous job.\u00a0 but, i should give some credit to my cpa, frank.\u00a0 he put the entire package together for seven grand.\u00a0 that seems like a great price.\u201d<\/p>\n

al saw the puzzled look in greg\u2019s eyes. read more →<\/a><\/p>\n