Are you still billing by the hour? While this may have worked in the past, it is becoming an increasingly frustrating, and decreasingly relevant pricing standard.
If you aren’t familiar with value pricing, now is the time to learn. It’s not just a matter of making billing easier, but you’ll find you can charge more (so long as you actually go about adding value) and your clients will be happier, because there are no surprise bills. You create service packages, you clearly define the benefits of each, and you allow your clients and prospects to pick what is most suitable for them.
If you want to learn more about becoming an Entrepreneurial CPA, check out the rest of The E-CPA Show series, and reach out to @garrettwagner37 to see if you might be a good fit for the Entrepreneurial CPA coaching program. Sometimes, all it takes is a little accountability and nudge from a coach to help push you from where you are, to where you want to be.
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Evolve Now is a platform designed specifically for the accounting industry, to provide professionals with innovative content that will usher in the future of the profession. Featuring the industry’s top thought leaders, most insightful influencers, and most engaging speakers, Evolve Now looks to provide accountants and CPAs with the knowledge, skills, and coaching necessary to become valuable and relevant advisors of the future.
