{"id":77973,"date":"2020-07-14t12:30:10","date_gmt":"2020-07-14t16:30:10","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=77973"},"modified":"2020-08-06t15:35:58","modified_gmt":"2020-08-06t19:35:58","slug":"the-three-new-business-models-delivering-significant-profits-for-accounting-firms","status":"publish","type":"post","link":"\/\/www.g005e.com\/2020\/07\/14\/the-three-new-business-models-delivering-significant-profits-for-accounting-firms\/","title":{"rendered":"the three new business models delivering significant profits for accounting firms"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-47840\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683-424x296.jpg\" alt=\"businessman sitting on stacks of paper currency\" width=\"424\" height=\"296\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683-424x296.jpg 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683-768x535.jpg 768w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683-849x592.jpg 849w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683.jpg 1600w\" sizes=\"auto, (max-width: 424px) 100vw, 424px\" \/><strong>how to upgrade your practice with successful, wealthy clients.<\/strong><\/p>\n<p><em>by anthony glomski and russ alan prince<br \/>\n<a href=\"https:\/\/baystreetgroup96521.activehosted.com\/f\/26\">your $5 million high-net-worth practice<\/a><br \/>\n<\/em><\/p>\n<p>competition for high-quality accounting clients is intense, and the current environment is making it harder for many accounting firms to excel.<\/p>\n<blockquote><p><strong>see also: <\/strong><a href=\"\/\/www.g005e.com\/2019\/07\/05\/5-meetings-of-the-true-wealth-management-process\/\">the 5 meetings of the (true) wealth management process<\/a> | <a href=\"\/\/www.g005e.com\/2019\/06\/29\/collaborative-wealth-management-defining-the-framework\/\">collaborative wealth management: defining the framework<\/a> | <a href=\"\/\/www.g005e.com\/2019\/03\/21\/protect-your-clients-assets\/\">protect your clients\u2019 assets<\/a> | <a href=\"\/\/www.g005e.com\/2019\/03\/15\/even-entrepreneurs-must-diversify\/\">even entrepreneurs must diversify<\/a> | <a href=\"\/\/www.g005e.com\/2019\/03\/08\/liquid-events-and-how-to-approach-them\/\">when clients cash out: four smart financial moves<\/a> |<\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-49700\" src=\"https:\/\/4f2bur4nuye2cgakm2rm61qk-wpengine.netdna-ssl.com\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1470686574894.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #c9990a;\">exclusively for pro members.<\/span>\u00a0<\/strong><span style=\"text-decoration: underline;\"><a href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2019\/03\/08\/liquid-events-and-how-to-approach-them\/\">log in here<\/a><\/span>\u00a0or <span style=\"text-decoration: underline;\"><a class=\"external\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">2022世界杯足球排名 today<\/a><\/span>.<\/p><\/blockquote>\n<p>if you&#8217;re ready to serve successful business owners and wealthy individuals, then there are three practice models you should consider. each of the three models shares specific characteristics that make them especially attractive, including:<\/p>\n<ul>\n<li>high demand from accomplished prospects<\/li>\n<li>high fee structures which these clients pay<\/li>\n<li>high margins<\/li>\n<li>high realization rates<\/li>\n<li>high probability of needing the expertise of various accountants at the firm<\/li>\n<\/ul>\n<p>because all three practice models are relationship-based, many accountants are already well-positioned to provide new, high-caliber advisory services these highly coveted clients.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2020\/07\/14\/the-three-new-business-models-delivering-significant-profits-for-accounting-firms\/#more-77973\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-47840\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683-424x296.jpg\" alt=\"businessman sitting on stacks of paper currency\" width=\"424\" height=\"296\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683-424x296.jpg 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683-768x535.jpg 768w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683-849x592.jpg 849w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/02\/businessmansittingmoney_dollarphotoclub_62050683.jpg 1600w\" sizes=\"auto, (max-width: 424px) 100vw, 424px\" \/><strong>how to upgrade your practice with successful, wealthy clients.<\/strong><\/p>\n<p><em>by anthony glomski and russ alan prince<br \/>\n<a href=\"https:\/\/baystreetgroup96521.activehosted.com\/f\/26\">your $5 million high-net-worth practice<\/a><br \/>\n<\/em><\/p>\n<p>competition for high-quality accounting clients is intense, and the current environment is making it harder for many accounting firms to excel.<\/p>\n<blockquote>\n<p><strong>see also: <\/strong><a href=\"\/\/www.g005e.com\/2019\/07\/05\/5-meetings-of-the-true-wealth-management-process\/\">the 5 meetings of the (true) wealth management process<\/a> | <a href=\"\/\/www.g005e.com\/2019\/06\/29\/collaborative-wealth-management-defining-the-framework\/\">collaborative wealth management: defining the framework<\/a> | <a href=\"\/\/www.g005e.com\/2019\/03\/21\/protect-your-clients-assets\/\">protect your clients\u2019 assets<\/a> | <a href=\"\/\/www.g005e.com\/2019\/03\/15\/even-entrepreneurs-must-diversify\/\">even entrepreneurs must diversify<\/a> | <a href=\"\/\/www.g005e.com\/2019\/03\/08\/liquid-events-and-how-to-approach-them\/\">when clients cash out: four smart financial moves<\/a> |<\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-49700\" src=\"https:\/\/4f2bur4nuye2cgakm2rm61qk-wpengine.netdna-ssl.com\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1470686574894.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #c9990a;\">exclusively for pro members.<\/span>\u00a0<\/strong><span style=\"text-decoration: underline;\"><a href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2019\/03\/08\/liquid-events-and-how-to-approach-them\/\">log in here<\/a><\/span>\u00a0or <span style=\"text-decoration: underline;\"><a class=\"external\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">2022世界杯足球排名 today<\/a><\/span>.<\/p>\n<\/blockquote>\n<p>if you&#8217;re ready to serve successful business owners and wealthy individuals, then there are three practice models you should consider. each of the three models shares specific characteristics that make them especially attractive, including:<\/p>\n<ul>\n<li>high demand from accomplished prospects<\/li>\n<li>high fee structures which these clients pay<\/li>\n<li>high margins<\/li>\n<li>high realization rates<\/li>\n<li>high probability of needing the expertise of various accountants at the firm<\/li>\n<\/ul>\n<p>because all three practice models are relationship-based, many accountants are already well-positioned to provide new, high-caliber advisory services these highly coveted clients.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2020\/07\/14\/the-three-new-business-models-delivering-significant-profits-for-accounting-firms\/#more-77973\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"author":3562,"featured_media":77978,"comment_status":"closed","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":[2741,1905,2271,2732,3120,3002,3139],"tags":[53],"class_list":["post-77973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-checklist","category-clients-and-service","category-marketing","category-personal-financial-planning","category-pro-member-exclusive","category-special","category-wealth","tag-pfp","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- 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