Topic: strategy

Radical Customers Are On Their Way

Do you create content? You’ll need to learn. By Jody Padar The Radical CPA New customers want CPAs to use the latest technology and the next generation of business owners demands it. But what about the legacy customers who you think don’t care? The original owners may not care, true. But your legacy customers are going to have the same succession issues as your firm. Those customers are going to have to create a succession plan and if that plan is going to the next generation, that generation doesn’t have any experience with you as a CPA firm. And you better believe tech­nology is important to them; it’s in their DNA. MORE ON RADICALISM: The Market Is Moving Toward the […]

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The Market Is Moving Toward the Radicals

5 ways to be prepared. By Jody Padar The Radical CPA A CCH white paper, “Charting a Course for the Future: A Report on Firm Preparedness,” defines some of the trends that will have the most significant impact on accounting firms and their customers over the next five years. MORE ON RADICALISM: 5 Radical Transparencies; Are You Ready? | 4 Questions Radical Firms Must Face | Being Radical Is All About Your Customer | Being Radical Starts with Being the Change | Why Start Being Radical Now? | Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have Asked Before Starting […]

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You’re Radically More Than You Realize

Are you guilty of random acts of consulting? By Jody Padar The Radical CPA To me, the most trusted business advisor is the small busi­ness advisor. That’s what my customers see. My firm serves small businesses from the ground up to $10 million. Yes, we look at their numbers, but practically speaking one gains a lot when you’re in their financial underwear drawer. Most of our conversations are around their questions. It’s a natural extension of the work we already do – financials, taxes, payroll, cash flow and forecasting. MORE ON RADICALISM: 5 Radical Transparencies; Are You Ready? | 4 Questions Radical Firms Must Face | Being Radical Is All About Your Customer | Being Radical Starts with Being the Change […]

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Savvy CPAS Focus on the Constants

Don’t be distracted by the hot trend of the moment. In “10 Things That Accountants Didn’t Need to Worry about 10 Years Ago,” CPA Trendlines contributor Hitendra Patil generated reader reactions with some provocative thoughts about a tsunami of trends. Today, he looks at the other side of the coin, starting with a quote from Amazon CEO Jeff Bezos: “You should build a business strategy around the things you know are stable in time and then invest heavily in ensuring you are providing those things and improving your delivery of them all the time. If you want to build a successful, sustainable business, don’t ask yourself what could change in the next 10 years that could affect your company. Instead, […]

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5 Radical Transparencies; Are You Ready?

Plus 4 questions as you shift from number cruncher to advisor. By Jody Padar The Radical CPA Aside from creating a new way to do compensation and work, the “New Firm” model brings upon a whole new level of trans­parency for both the customers you work with and your employ­ees. Here are just some of the things that shift: MORE ON RADICALISM: 4 Questions Radical Firms Must Face | Being Radical Is All About Your Customer | Being Radical Starts with Being the Change | Why Start Being Radical Now? | Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have […]

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4 Questions Radical Firms Must Face

Embrace the laws of disruption. By Jody Padar The Radical CPA With revolutionary change, comes disruption. You knew that, right? The three laws of disruption say that: Disruption comes to us all. So, if you’re reading this, you’re going to be disrupted. Congratulations, that’s a good thing! Disruption comes because of changes in the product-market fit. There are only three methods to change the product-market fit. MORE ON RADICALISM: Being Radical Is All About Your Customer | Being Radical Starts with Being the Change | Why Start Being Radical Now? | Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have […]

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Being Radical Is All About Your Customer

Think in a new way, starting now. By Jody Padar The Radical CPA Once you begin brainstorming about your new processes, you need to think about it from as many different viewpoints as possible, with an emphasis on design thinking. The easiest way to define design thinking is to look at it from your customer’s perspective instead of yours. MORE ON RADICALISM: Being Radical Starts with Being the Change | Why Start Being Radical Now? | Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have Asked Before Starting My Own Practice It’s not all about you. I know, I know. […]

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Being Radical Starts with Being the Change

Here are the questions you need to ask. By Jody Padar The Radical CPA “Say it with me now: I am a change agent.” Before you consider adopting the cloud or any of the “New Firm” mindset, you have to ask yourself if you are willing to be the change. MORE ON RADICALISM: Why Start Being Radical Now? | Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have Asked Before Starting My Own Practice Once you decide, first things, first. Own it! You have to commit. If you teeter it will be harder. Jump in feet first and feel the […]

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Why Start Being Radical Now?

Your competition can come from anywhere now. By Jody Padar The Radical CPA I’ve been in the cloud for eight years so it’s old news to me. The biggest thing to do is to look around and look at the competi­tion. You can probably leave your firm and start your own firm with less than $400 a month in software and without or very limited overhead. Isn’t that terrifying for you old-timers! MORE ON RADICALISM: Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have Asked Before Starting My Own Practice That’s what the next generation of accountants has at their […]

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