can you really grow without adding clients?

large group of people gathered into an upward arrow shapecombining new sales with upsells is a more reliable strategy.

by ty hendrickson, cpa

“grow your practice without having to add any new clients!”

i seriously gasped when i saw this headline recently. i thought to myself, “really? what kind of advice is this?!” i had to read this story to find out just what the author was suggesting and how this could be a good long-term strategy for anyone.

more: the real problems created in a remote workforcecan you really grow without adding clients? | 4 reasons to welcome rejection |

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as i read through the article, i was secretly hoping to learn some magic bullet or new idea that would make growth easier on so many people who do not like sales. however, as i continued to read, i became more and more anxious about the strategy that was suggested.
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the 4 marketing disciplines

how to deploy them as a framework for cpa firm practice development.

by marc rosenberg
the rosenberg practice management library

all marketing activities fall into one of four categories:

  1. protect and grow revenue from existing clients.
  2. identify and nurture referral sources.
  3. focus on a well-defined group of prospects; get new clients.
  4. support activities that complement those above.

we call these the four disciplines. auditors follow certain steps of a predetermined program to perform an audit. it takes discipline to stay the course and execute the audit process.

more: 15 powerful niche marketing practices | 19 takeaways from the history of cpa firm practice development | why you have to kill the old paradigms | are you ready for the great disruption?
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marketing is no different. it requires discipline to engage in all four categories, execute the action steps continuously and avoid taking shortcuts or skipping steps altogether.
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15 powerful niche marketing practices

three arrows in center of bull's-eyehow specializing makes marketing easier.

by marc rosenberg
the rosenberg practice management library

our profession loves to use certain terms interchangeably without fully realizing the important distinctions among them.

more: 19 takeaways from the history of cpa firm practice development | why you have to kill the old paradigms | are you ready for the great disruption?
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let’s clarify the terms specialization, niche, and niche marketing.

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19 takeaways from the history of cpa firm practice development

illustration of marketing strategy

plus a brief stroll through the world since bates.

by marc rosenberg
the rosenberg practice management library

sir winston churchill (and others) said: “those who fail to learn from history are doomed to repeat it.” that’s why we discuss the history of practice development at cpa firms.

more: why you have to kill the old paradigms | are you ready for the great disruption?
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read this history and see if your firm has learned from the many milestones in the evolution of accounting firm practice development.

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the seven new realities accountants can’t ignore

businesswoman at crossroads, facing two pathswhy you must kill the old paradigms.

by marc rosenberg
the rosenberg practice management library

“as long as the roots are not severed, all is well. and all will be well in the garden.”

more: are you ready for the great disruption?
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that great line is from the 1979 movie “being there,” starring peter sellers as the simple-minded chance the gardener, whose unpretentious dialog is misinterpreted by titans of government and industry as being extraordinarily prescient.

but this line is a perfect way to begin talking about cpa firm marketing and growth. the “roots” of revenue growth are these:
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radical cpa jody padar partners with marketing by numbers

new video service for accounting firms.

by 卡塔尔世界杯常规比赛时间

卡塔尔世界杯常规比赛时间 expert contributor jody padar, cpa, mst, principal of new vision cpa group and founder of the radical cpa, is partnering with marketing by numbers, a new video marketing service for accounting firms.

click to see jody’s video: nine year-end tax strategies

with the partnership, the radical cpa will leverage the marketing by numbers video service and platform to further educate accounting firms and cpas on using technology to grow their firms more efficiently. read more →

are you ready for the great disruption?

businessman in an umbrella sails in storm in the nightwelcome to profession 3.0.

by marc rosenberg
the rosenberg practice management library

many firms today seem to believe they can simply buy their way to growth. in other words, if they just figure out what the “right” marketing strategy or the “right” business development initiative is, they can simply write a check to fund those programs and growth will happen in and of itself.

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unfortunately, this does not work in the real world, including cpa firms.

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5 do’s and don’ts for cannabis cpa marketing

save the brand building until you have a few clients.

by andrew hunzicker
cannabizcpa.pro

so you’ve decided that you want to take the plunge and dive into cannabis accounting. great!

more: cannabis: thc vs. cbd critical differences | 4 best things about being a ‘dope’ accountant | 5 biggest mistakes cannabis ceos make | five secrets to launching your own cannabis accounting firm | five reasons accountants should serve cannabis clients | cpa andrew hunzicker creates course in cannabis accounting
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while these are new and exciting times, it is completely understandable if you have concerns about promoting your business within your personal and professional networks.
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is your client newsletter stuck in the 1990s?

woman wearing orange shirt texting on a smartphone walking in the street in a sunny dayif you look dated in one area, that perception can spread.

by sandi leyva, cpa

one of the leading client newsletter vendors discontinued its product this year, and we at accelerator newsletters having been getting a lot of calls from staff at accounting firms asking about our client newsletter offering.

more on small-firm growth strategies: outsource or in-house? how does your marketing get done? | making content marketing part of your growth strategy | tough lessons from tax season | 10 quick and easy tips for a better busy season | 6 metrics of marketing | want better clients? 5 ways to hook them
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the calls have been enlightening to me, but also disappointing to find out many firms are stuck in a decades-old way of sending client newsletters. here’s what i have learned from you and what i’d like to share to get everyone caught up to the way it is today in modern digital marketing.
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how to start (or re-start) your own accounting firm

checklist: 18 steps to success.

by brannon poe

are you exploring the idea of starting your own cpa firm? or perhaps you are ready to re-invent the one you have? either way, we’ve gathered some of the key focus areas to help you create your plans for the future.

more by brannon poe: five keys to successfully selling a cpa firm  |  10 questions to ask yourself before buying an accounting practice  |  five key decisions for your exit strategy  |  how to transfer a boomer-owned cpa practice to a millennial |

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1. should you start your own cpa firm? this is a great place to start, don’t you think? not everyone is cut out to own their own business. starting a cpa firm takes a variety of different skills and talents.

in the meantime, here’s a short list of what’s needed to thrive: read more →