five new realities for accountants and lawyers

make no mistake: change is coming, whether the incumbents like it or not.

by bruce macewen
adam smith, esq.
from the foreword to professional services marketing 3.0 by bruce w. marcus

bruce macewen
bruce macewen

when i first heard the title of bruce w. marcus’ latest book, i thought “professional services marketing 3.0? well, forgive me, but i think i need to be clued in on what exactly were 1.0 and 2.0.” not only does bruce answer this question, he provides an expansive and ambitious vision of what he sees ahead for us as we cross the threshold.

now, if you need the same help i did in recognizing 1.0 and 2.0, the first was in the wake of the 1977 u. s. supreme court decision in bates v. state bar of arizona, which is commonly seen as a narrow decision striking down the prohibition on attorney advertising, but which bruce w. marcus insightfully identifies as something far more momentous: the beginning of open competition in professional services.

the second stage is where we are today, with a frank recognition of the necessity of marketing, but a time (the present) when it’s still tainted by the mild whiff of the promotional, the sales-y, and the unprofessional. bruce writes that “if there’s one thing that has inhibited innovation and growth in professional services marketing in the decades since bates, it’s the disconnect between marketers and the professionals they serve,” but i would say it goes even further. marketers are often treated as the obligatory but unwelcome guests at the dinner party.

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five easy ideas for a quick business boost

reach for the low-hanging fruit.

by sandi smith
accountant’s accelerator

sandi smith
sandi smith

if business has slowed for you, it’s not just you.  with people making the most of a disappearing summer, getting ready for school, and trying to keep from being too cranky from the heat wave in much of the country, it’s all most of us can do to stay on our routines.

as entrepreneurs, we still need to make payroll, meet our budget goals, and get enough cash in to keep our doors open.  so how can we cash in on the low-hanging fruit?

we spend a lot of energy going after the fruit that is out of reach, and most of it spoils before we can get our act together. then we wonder why marketing is so expensive, we don’t close the deals, and we are left with a big expense.

so that’s why i want to share some tips about how to go after the low-hanging fruit. you won’t even need a ladder for these revenue-builders. read more →

rebuttal: google searches for accountants is rising, not falling

hoisted from comments, in response to “who’s searching for accountants?

by div bhansali
accountantsworld

div bhansali
div bhansali

the number of google searches for accountants hasn’t dropped by over 50% since 2004. in fact, it’s grown pretty substantially.

google trends doesn’t chart absolute growth or decline in a search term – it charts how popular that term is relative to searches as a whole. this is from google’s own help document (http://www.google.com/intl/en/trends/about.html#1):

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are you ready for the new age of professional services marketing 3.0?

how to survive as the future unfolds.

by bruce w. marcus
professional services marketing 3.0

bruce w. marcus

professional services marketing 3.0? this from someone who has written, spoken, railed against jargon and gimmicks?

well, yes, because in this rapidly changing economic environment, intensely competitive landscape, and highly charged computer age, it’s the best way to define significant evolution from one distinct period to the next. but, that’s exactly what’s happened – and is happening — with cpa firms. and in management practices, business models, and structure as well.

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it’s a new generation in lead generation

the old ways just won’t cut it any longer!

by gale crosley, cpa
cpa firm growth consultant

the more things change, the more we need to change with them. massive shifts in market conditions are profoundly affecting our profession. but it’s not just the market that’s recalibrating. we’re also in the midst of a revolution in information gathering, which influences how our buyers think and how they make decisions.

these changes represent a realignment of our universe. they demand that we move beyond old, familiar ways of generating leads and adopt new strategies that reflect today’s environment. read more →

start from day one with the ‘one firm’ vision

three essentials to making it work: entrepreneurial spirit, leadership skills and knowledge.

by paul rich
rothstein kass

paul rich

if your goal is to be a “firm” (rather than a collection of  sole practitioners) with the potential for significant growth, maximization of revenue and profits, the “one firm” model should start upon the commencement of business operations.

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gold medal client service: start by returning phone calls

if it’s so simple, why are clients so surprised when it happens?

editor’s note: in the weekly research update (join here), we report initial results from a new nationwide survey of client attitudes. and it’s not necessarily a pretty picture. clients are clearly becoming more demanding, with higher expectations for service and value. and yet, too many cpa firms have yet to respond to the challenge. but then, that’s good for those that do. what’s your best client satisfaction tip? tell us here; we may quote you. — rick telberg

meanwhile, here are a few of the best client stories we’ve heard so far

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cpa exam goes global

launches in japan, bahrain, kuwait, lebanon and the uae

the aicpa and nasba are reporting “the successful launch of the u.s. cpa examination in international locations.”

it marks, they note, “the first time in history it has been administered outside of the united states and its territories.”

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