Are you the 1 out of 10?
Accounting professionals are dedicated, hard workers. So when I ran across a survey claiming only 1 out of 10 accountants work 7 days per week, I chuckled. Firm owners, whether bookkeepers, enrolled agents, or CPA’s, routinely work every day of the week. Because of that, the traditional Monday to Friday 9-5 seems like pie in the sky. Working too much impacts all firms, from solo practitioners to multi-person firms. As the responsibilities seep into your personal life, any form of work-life balance fades away. #Accounting professionals often work too much. When firm's demands overflow into your personal life, any form of work-life balance fades away. Read full post. #getpaidwhatyoureworth Click To Tweet
Tolerating too much
Like many accounting professionals, Karyn Anderson, owner of Total Sum, LLC, has a busy accounting firm. But, her revenues didn’t reflect her workload. There is a cost to tolerating too much:
- Working 7 days a week.
- Non-ideal employees.
- Headache clients.
- A heavy workload.
It finally got to the point where things had to change. She knew what wasn’t working. But, unsure about HOW to fix it.
The best option
She weighed her options. Then, she shared her ideas with a colleague. Based on that conversation, she realized she couldn’t resolve this on her own. Discover the steps to better price your #accounting services and charge 3X’s more than your hourly rate. Read full post. #getpaidwhatyoureworth Click To Tweet In the video, Karyn shares the specific steps you can follow to better price your services and charge 3X’s more than your hourly rate. Here’s what she’s accomplished in less than 6 months: ✔ Her accounting firm continues to grow. ✔ She now gets paid for services she used to give away for free. ✔ Since not all clients are a good fit for her firm, she cherry picks her clients.
The best part yet
Karen’s worked hard to fix the flaws in her firm.Fortunately, her efforts paid off. She currently works less than 40 hours per week. Her staff spends more time in the office than she does. Here’s the best part. Karen and her husband recently purchased their dream, turn-of-the-century home. Hours which used to be spent working are now devoted to restoring their house. All updates about the restoration are on Facebook. Listen to her interview to discover the exact steps you can take to better price your services and turn your practice around.