Dear Midsized Firms: Yes, You Can Change

Why you should strive for utopia.

By Jody Padar
The Radical CPA

In a traditional firm, the partner is the center of everything – from technical knowledge to relationship management to operations.

MORE ON RADICALISM: The Radical Road to (Business) Transformation | Transitioning to a Radical Firm: Bringing a Legacy Customer Along | The Four Factors for Fixed Pricing | Target Content to Consumers, Not Industry | Social + Strategy = Success | Make the Cloud Work for You | 5 Ways to Capitalize on Trends

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And, it's not a pretty sight.

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The Next Step for Radicals

Hint: It's not optional.

By Jody Padar
The Radical CPA

For Radical CPAs, this is the next step in our business model innovation: Innovation at such a high level that our fathers (and mothers) won’t even recognize our companies as CPA firms.

MORE ON RADICALISM: The Radical Road to (Business) Transformation | Transitioning to a Radical Firm: Bringing a Legacy Customer Along | The Four Tenets of Radical Firms: A Brief Review | The Radical CPA: Always Changing
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This will become more apparent as artificial intelligence (AI) takes over and accounting is truly machine-driven. A CPA will use data completely differently than he or she does today; we don’t know what we don’t know yet.
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The Radical Road to (Business) Transformation

Man drawing yellow rocket going opposite way of many smaller white rockets"Innovation is not just a one-time business model change."

By Jody Padar
The Radical CPA

When I wrote "The Radical CPA," I thought that the four fundamental tenets would take us indefinitely into the future.

MORE ON RADICALISM: Transitioning to a Radical Firm: Bringing a Legacy Customer Along | The Four Tenets of Radical Firms: A Brief Review | The Radical CPA: Always Changing
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But I realize now the future demands more than that.
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Transitioning to a Radical Firm: Bringing a Legacy Customer Along

Illustration of cloud softwareYour customers might surprise you with their willingness to update.

By Jody Padar
The Radical CPA

As you migrate your firm’s current customer base to your new way of working, you may be surprised by how your customers will adapt.

MORE ON RADICALISM: The Four Tenets of Radical Firms: A Brief Review | The Radical CPA: Always Changing
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Many of my small business customers are near world-famous locations. You may have heard of or seen the first season of the hit Netflix series, “Making a Murderer.” The murder took place outside of Sheboygan, Wisconsin, at a junkyard. It’s kind of in the middle of nowhere.
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The Four Tenets of Radical Firms: A Brief Review

Purple No. 4 billiard ballSay goodbye to change management.

By Jody Padar
The Radical CPA

Before we can fully leap into the future, we need to understand where we’ve been.

MORE ON RADICALISM: The Radical CPA: Always Changing | The Four Factors for Fixed Pricing | Clients Buy Solutions, Not Time | How to Leverage Social Media | Target Content to Consumers, Not Industry | Narrow Your Social Focus | Why Transparency Matters to Clients
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The foundation of any Radical or New Firm is comprised of the four tenets.
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The Radical CPA: Always Changing

Chalkboard reading "Free thinkers wanted"How did we get here and where are we going?

By Jody Padar
The Radical CPA

People always ask me why "radical"? Isn’t it a charged word?

What’s so radical about me?

MORE ON RADICALISM: The Four Factors for Fixed Pricing | Clients Buy Solutions, Not Time | Narrow Your Social Focus | How to Measure Social Business… and Why | 6 Ways the Cloud Helps CPA Firms | You’re Already a Consultant
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When I talk about radical, it’s not so much about me, but about my beliefs and actions.
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The Four Factors for Fixed Pricing

Price targetPlus 5 reasons not to manage employees by timesheet.

By Jody Padar
The Radical CPA

Ron Baker and Ed Kless of the VeraSage Institute are the hands-down experts on value pricing. They do a phenomenal job of explaining how it works and why you shouldn’t track time.

MORE ON RADICALISM: Clients Buy Solutions, Not Time | How to Leverage Social Media | Why Transparency Matters to Clients | How to Become a Social Business | The Cloud Is Your Starting Point | Why Transparency Matters in the ‘New Firm’ | 10 Questions to Prepare for Radical Change | Radical Firms Embrace 4 Values
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I’ve done it for the last nine years and I absolutely love it. I would never go back to time and billing.
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