{"id":136089,"date":"2024-11-25t12:30:03","date_gmt":"2024-11-25t17:30:03","guid":{"rendered":"\/\/www.g005e.com\/?p=136089"},"modified":"2024-11-25t16:21:12","modified_gmt":"2024-11-25t21:21:12","slug":"four-steps-to-rebooting-your-practice","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/11\/25\/four-steps-to-rebooting-your-practice\/","title":{"rendered":"four steps to rebooting your practice"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-44126 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/10\/restart_dollarphotoclub_78251403.jpg\" alt=\"man in suit pushing a restart button\" width=\"1600\" height=\"1077\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/10\/restart_dollarphotoclub_78251403.jpg 1600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/10\/restart_dollarphotoclub_78251403.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/10\/restart_dollarphotoclub_78251403.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/10\/restart_dollarphotoclub_78251403-424x285.jpg 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/10\/restart_dollarphotoclub_78251403-849x571.jpg 849w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/strong><\/p>\n<p><strong>if it\u2019s not everything you wanted, here\u2019s how to turn things around.<\/strong><\/p>\n<p><i>by sandi leyva<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/sl17cgm\/\"><i>the complete guide to marketing for tax &amp; accounting firms<\/i><\/a><i><\/i><\/p>\n<p>how does your current business look compared to the one you dreamed about before you started your entrepreneurial journey?<\/p>\n<h4 style=\"padding-left: 40px;\"><b>more: <\/b><a href=\"\/\/www.g005e.com\/2024\/11\/13\/get-more-referrals-in-five-steps\/\">get more referrals in five steps<\/a> | <a href=\"\/\/www.g005e.com\/2024\/10\/20\/is-your-practice-leaking-money\/\">is your practice leaking money?<\/a> | <a href=\"\/\/www.g005e.com\/2024\/09\/06\/boost-your-value-boost-your-fees\/\">boost your value, boost your fees<\/a> | <a href=\"\/\/www.g005e.com\/2024\/08\/28\/three-ways-to-make-it-easier-for-prospects-to-say-yes\/\">three ways to make it easier for prospects to say yes<\/a> | <a href=\"\/\/www.g005e.com\/2024\/08\/25\/make-your-next-busy-season-easier-now\/\">make your next busy season easier now<\/a> | <a href=\"\/\/www.g005e.com\/2024\/08\/14\/how-to-put-your-strengths-to-work-for-you\/\">how to put your strengths to work for you<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/20\/three-ways-to-follow-up-with-prospects\/\">three ways to follow up with prospects<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/09\/are-you-throwing-away-profits\/?_rt=mxwxfhnhbmrpigxlexzhjimwmzk7fde3mtg5mtg5odm&amp;_rt_nonce=f5f75bc017\">are you throwing away profits?<\/a> | <a href=\"\/\/www.g005e.com\/2024\/05\/16\/want-to-close-a-deal-set-a-deadline\/\">want to close a deal? set a deadline<\/a> | <a href=\"\/\/www.g005e.com\/2024\/05\/10\/how-mindset-affects-your-marketing\/\">how mindset affects your marketing<\/a> | <a href=\"\/\/www.g005e.com\/2024\/05\/02\/three-steps-to-becoming-a-millionaire\/\">three steps to becoming a millionaire<\/a> | <a href=\"\/\/www.g005e.com\/2024\/04\/25\/five-business-development-mistakes-to-avoid\/\">five business development mistakes to avoid<\/a> | <a href=\"\/\/www.g005e.com\/2024\/04\/17\/twelve-ways-your-business-card-can-hurt-you\/\">twelve ways your business card can hurt you<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/28\/sandi-leyva-using-chatgpt-to-create-images\/\">how to use chatgpt to create images<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/21\/sandi-leyva-leveraging-chatgpt-during-this-crazy-tax-season\/\">how to leverage chatgpt during this crazy tax season<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/15\/sandi-leyva-got-fomo-when-it-comes-to-ai-and-chatgpt-you-should-heres-what-youre-missing\/\">got fomo when it comes to ai and chatgpt? you should: here\u2019s what you\u2019re missing<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2024\/11\/25\/four-steps-to-rebooting-your-practice\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>do you now have<\/p>\n<ul>\n<li>clients you love,<\/li>\n<li>a dream team,<\/li>\n<li>the financial rewards you are comfortable with and<\/li>\n<li>plenty of free time?<\/li>\n<\/ul>\n<p><!--more--><br \/>\nif not, don\u2019t give up. you can still get there, and a little business clarity may help you get there even faster.<\/p>\n<p>here are four steps:<\/p>\n<p><strong>1. choose your business model wisely.<\/strong><\/p>\n<p>business models in the accounting profession, and professional services in general for that matter, are surprisingly homogeneous. the main way to leverage growth is to hire talent and have them deliver client services. while that\u2019s a great business model, most accounting practices (and especially solo practices) are stuck because they are still operating as technicians and not as true ceos of their business. i did this for years before i realized what skills i was missing to become a ceo.<\/p>\n<p>there are also many more revenue options that can help to increase the top line. a few examples include retainer work, technology fees, software commissions and product sales.<\/p>\n<p>the phase of business that you are in can also have a huge impact on profitability. accounting firms in general struggle with optimizing processes. often, when employees are hired at a higher skill level, there are no standardized processes; the employee simply serves the client in the way they feel is best.<\/p>\n<p>getting clear about your business model will lead to improved profitability. oh, and that time problem you have now will disappear.<\/p>\n<p><strong>2. figure out the vision thing.<\/strong><\/p>\n<p>when we first get in business, we\u2019re pretty much happy to have any client who pays us. from there, we build a client list based on who shows up. after a few years, we\u2019re so happy to have a growing business that we may not realize that our clients are running our business (and we lost control quite a while ago).<\/p>\n<p>doing \u201cthe vision thing\u201d will help you take your own business back and shape it in a way that gets you back on track to fulfilling your dreams.<\/p>\n<p><strong>3. develop a revenue plan.<\/strong><\/p>\n<p>i\u2019ve lost count of the number of accountants who come to me saying, \u201ci want to do fewer taxes &#8230; less bookkeeping &#8230; more consulting &#8230; more training.\u201d very few accountants are happy with their current revenue mix.<\/p>\n<p>why not take a proactive stance and attract the clients you want so your mix changes to what you want to do in your business? this step is about creating a revenue plan for your business.<\/p>\n<p><strong>4. create your marketing plan.<\/strong><\/p>\n<p>once your revenue plan is complete, it\u2019s simple to create a marketing plan. it\u2019s great if you can fill your practice with referrals; however, most accountants i hear from say that they are not getting enough referrals to make the income levels they want to. that\u2019s where marketing comes in.<\/p>\n<p>rather than approaching marketing reactively (e.g., \u201cmy week\u2019s not full \u2013 i need to do something!\u201d), take the time to create an annual plan that will keep your pipeline more than full.<\/p>\n<p>try these four steps to reboot your business today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>if it\u2019s not everything you wanted, here\u2019s how to turn things around.<\/strong><br \/>\n<a href=\"\/\/www.g005e.com\/2024\/11\/25\/four-steps-to-rebooting-your-practice\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-136107\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/11\/250_leyva_restart_dollarphotoclub_78251403.png\" alt=\"\" width=\"250\" height=\"125\" \/><\/a><br \/>\n<i>by sandi leyva<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/sl17cgm\/\"><i>the complete guide to marketing for tax &amp; accounting firms<\/i><\/a><i><\/i><\/p>\n","protected":false},"author":1345,"featured_media":44126,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[2271,3120,3002,2295],"tags":[],"class_list":["post-136089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marketing","category-pro-member-exclusive","category-special","category-solo"],"acf":[],"yoast_head":"<!-- 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