{"id":118228,"date":"2023-10-16t11:55:31","date_gmt":"2023-10-16t15:55:31","guid":{"rendered":"\/\/www.g005e.com\/?p=118228"},"modified":"2024-08-27t17:00:57","modified_gmt":"2024-08-27t21:00:57","slug":"merge-in-lower-priced-work-without-losing-out","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/10\/16\/merge-in-lower-priced-work-without-losing-out\/","title":{"rendered":"merge in lower-priced work without losing out"},"content":{"rendered":"

\"businessman<\/strong><\/p>\n

you bought a tax practice! but they charge less than you do. now what?<\/strong><\/p>\n

by ed mendlowitz<\/i>
\n<\/i> the 卡塔尔世界杯常规比赛时间 practice doctor<\/i><\/a><\/em><\/p>\n

question: <\/strong>i bought a tax return practice in december from a person who was charging $180 per hour. my rate is $300 per hour so i did not make money and i would like to know what i could do to raise fees so i don\u2019t continue to lose on it.<\/p>\n

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answer:<\/strong> after a long discussion, it appears that he bought a good practice with good fees charged for the returns. his problem is that he has no employees and did all the work himself \u2013 about 750 tax returns, and was totally overwhelmed with non-stop work.
\n
\nmost of the level of work he did was for a person that typically would be billed at $120 per hour. so he was doing $ 120-hour level work, getting paid at $180 hour and he is unhappy because he is not getting $300 an hour.<\/p>\n

his problem is that he has no leverage; has no one to pass most of the lower-level work on to; and had no fun working around the clock. however, he expects to retain about 80 percent of the clients because he met most of them and feels he established relationships with them.<\/p>\n

i told him that he is performing services beneath his level and should be thrilled he is realizing $180 per hour for the type of work he is doing. if he can\u2019t or doesn\u2019t want to hire someone at a lower level to do the work, then he should get past the thought that he is a $300 per hour person and realize he is a $120 per hour person getting paid $180.<\/p>\n

a few suggestions i gave him:<\/p>\n