cfo services

Welcome to another episode of Escaping the Accountant's Trap podcast, where Jeff Prager, Co-founder of The CFO Project, shares transformative insights. In this session, we explore the shift from accountant to CFO business advisor, uncovering the challenges professionals face in the accountant's trap. Jeff discusses the disconnect between what businesses need and what accountants offer, emphasizing the shift towards advisory services to guide businesses to a better future. The episode highlights the impactful side of being a CFO, fostering lasting client relationships, reducing workload, and increasing net profit.

Ready to break free from compliance cycles? Join our free Thursday training sessions at The CFO Project to explore "How to Start a CFO Service." This episode is a must-listen for accountants and bookkeepers ready to embrace change, unlock potential, and transform their careers.

Subscribe now for more eye-opening discussions on CFO transformation and advisory success.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Welcome to the Escaping the Accountants Trap podcast, where we unravel the complexities of breaking free from the accountant's trap that shackles many professionals in the field. In this episode, joined by Jeff Prager, co-founder of the CFO Project, we tackle the critical topic of scaling your accounting or bookkeeping practice. Through a comprehensive discussion, we explore the four fundamental stages of growth: the solo phase, the growing phase, scaling up, and finally, the growth stage. Jeff provides invaluable insights into overcoming obstacles, strategic delegation, and transitioning from a practitioner to a CEO, offering a roadmap for accountants and bookkeepers seeking to elevate their practices to new heights.

Intricately navigating the journey from handling all aspects as a solo practitioner to strategically managing a practice as a CEO, this episode provides actionable advice for those looking to scale their accounting or bookkeeping ventures. Listen in to uncover the keys to growth, effective delegation, and the significance of viewing your expertise as a valuable product that can be strategically marketed in the competitive landscape of accounting services.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Welcome to the "Escaping the Accountant's Trap" podcast! In this series, we unravel the challenges faced by accountants, CPAs, and bookkeepers as they strive to break free from the accountant's trap. Join us on a journey of growth, exploring strategies, insights, and success stories that empower financial professionals to shift from compliance work to advisory services. Whether you're aiming to scale your firm, work more efficiently, or provide higher value to clients, this podcast equips you with the tools and knowledge needed for a successful transition.

In today's episode, we delve into the pivotal topic of making the shift from compliance work to advisory services. I'm joined by Gaynor Meilke, the founder of Charisma Ink, as we discuss the intricacies of this transformation. Gain valuable insights into the stepwise approach to advisory services, the power of niches in marketing, and stories of firm owners who've elevated their businesses through strategic shifts. Don't miss out on actionable tips and real-world experiences that can guide you in unlocking the full potential of advisory services for your accounting business.

Listen now and discover the path to escaping the accountant's trap!

Visit Gaynor's Website:
https://charismaink.com/

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Welcome to the "Escaping the Accountant's Trap" podcast, a dedicated space for accountants, CPAs, and bookkeepers seeking liberation from the common struggles of undervaluation and excessive work hours. In this episode, we're joined by Ryan Kimler, a prominent member and lead trainer at the CFO Project. As a seasoned expert guiding others in launching and expanding their CFO or advisory services, Ryan provides a unique perspective on escaping the accountant's trap.

In the realm of advisory services, Ryan stands out as he shares his journey and passion. Early in his career, while engaged in bookkeeping and producing financials, he discovered a profound demand from clients. They weren't just content with clean and clear financials; they sought actionable insights to enhance their business based on those numbers. This ignited Ryan's curiosity, leading him to seek mentors and knowledge, ultimately steering him towards the advisory path. His dedication to providing high-value services to business owners became a lifelong commitment.

Now, shifting to the specifics of one of Ryan's cases, we delve into a fascinating strategy to boost a client's business. In the context of a sewer and drain cleaning company facing challenges with technician sales, Ryan proposes a unique solution—hiring a straight commission salesperson. This unexpected idea unfolds as a win-win scenario: a $300,000 opportunity for the company and a job creation avenue. The episode concludes with Ryan's valuable advice for accountants and bookkeepers—setting boundaries for unscheduled phone calls, enhancing organization, and transitioning towards advisory work.

Join us in exploring the multifaceted world of accounting and advisory, where innovative strategies pave the way for business growth and professional fulfillment.

Welcome to the "Escaping the Accountant's Trap" podcast, a valuable resource designed to liberate accountants, CPAs, and bookkeepers from the challenges of undervaluation and long working hours. In this episode, we delve into the crucial strategy of becoming a more effective consultant, featuring insights from the seasoned expert Ed Kless from Sage. Ed introduces the concept of meta-consulting, shedding light on the discipline of consulting and distinguishing it from surrogate management. The episode unfolds with a focus on the art of asking pertinent questions, emphasizing "what matters" inquiries that lay the groundwork for innovation.

In this insightful episode, Ed Kless explores the nuances of effective consulting, guiding professionals on how to redefine their roles and relationships with clients. The second part of the episode confronts traditional measurement practices and advocates for a paradigm shift towards subscription-based pricing. Ed challenges the status quo, encouraging listeners to break free from outdated billing methods and embrace a profit-centric approach.

Join us in this empowering discussion to gain practical strategies and insights for navigating the complex landscape of the accounting profession. Subscribe now for more episodes that will equip you to escape the accountant's trap and thrive in your role.

Welcome to Escaping the Accountant's Trap, the podcast designed to liberate accountants, CPAs, and bookkeepers from the mundane. Hosted by Adam Lean, this episode features Eric Edelstein, co-founder of DOKKA, shedding light on the pivotal role of technology, especially AI, in reshaping the accounting landscape. Eric explains how machine learning simplifies intricate processes, making way for accountants to evolve into strategic business advisors.

In this insightful episode, Eric delves into the transformative potential of technology in the accounting sphere. Using DOKKA as a prime example, he illustrates how machine learning simplifies intricate processes, paving the way for a future where accountants can elevate their roles from mundane tasks to strategic business advisors. The conversation addresses the question of whether AI will replace accountants, with Eric emphasizing the irreplaceable human touch in business advising.

Tune in to explore how DACA is revolutionizing accounting practices and paving the way for a more efficient and value-centric future.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Visit Eric's Website:
https://dokka.com

Welcome to the Escaping the Accountants Trap podcast, a resource designed to liberate accountants, CPAs, and bookkeepers from the notorious 'accountant's trap.' This frustrating predicament often sees professionals toil endlessly with demanding clients for meager compensation. But fear not, as this podcast unveils the escape route. In this episode, we explore the critical strategy of thoroughly assessing prospective team members through testing before hiring, ensuring you welcome the right individuals aboard. Join Adam Lean in this insightful journey to emancipate accounting professionals from the accountant's trap.

Discover the key to unlocking your team's full potential as we delve into the world of assessing remote talent. In this episode, we welcome Giles Pearson, the CEO of Account Test, a solution dedicated to enhancing the hiring process for accountants. We explore why it's paramount for accounting firms to test prospects before extending an offer. A recent survey highlighted that a significant 85% of college degree holders falsify their resumes, making the hiring process a minefield. Discover how testing not only reveals the true capabilities of prospective candidates but also streamlines their integration into your team. Giles Pearson, with his extensive background in public accounting, provides invaluable insights into this innovative approach. Don't miss this episode, which provides a path for escaping the accountant's trap, and find out how to tap into the immense potential of remote talent.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Visit Giles' Website:
https://www.accountests.com/

Welcome to the "Escaping the Accountant's Trap" podcast, a show dedicated to helping accountants, CPAs, and bookkeepers break free from the constraints that prevent them from realizing their true worth. In this episode, we're addressing a crucial topic: "Solving Talent Challenges Through Remote Accountants."

The latest episode delves into a powerful solution – hiring US-based remote accountants, with Jeff Phillips, co-founder of AccountingFly, providing expert insights. This episode reveals the advantages of embracing remote work, how it allows firms to tap into a broader candidate pool, and the significance of adjusting your hiring strategy to incorporate remote talent. It emphasizes the importance of not just delegating tasks but also transitioning to a mindset where you build systems for efficient service delivery. If you're an accountant looking to enhance your career or a firm aiming to solve talent challenges, this episode offers valuable advice and solutions.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Visit Jeff's Website:
https://www.accountingfly.com/

Welcome to the dynamic "Escaping the Accountant's Trap" podcast, your go-to resource for accountants, CPAs, and bookkeepers seeking liberation from the "accountant's trap" where their expertise goes undervalued, and their hard work yields meager returns. Today, we've got an exciting episode in store where we unravel the key to breaking free from this predicament - transitioning your practice into a thriving business. Our special guest, Martin Bissett, an esteemed advisor to accountants, will be your guide on this transformative journey.

In this episode, we venture into the distinction between an accounting practice and a full-fledged accounting business. Many start with an accounting practice, trading hours for money and grappling with pricing and profitability concerns. But there's a powerful shift awaiting those who dare to dream big. Martin Bissett reveals that ambition is the game-changer. Accounting businesses are on a mission to excel, grow, and gain financial independence. They build structures and leadership roles, moving away from the traditional time-based model. This episode serves as a beacon, inspiring accountants to harness ambition, step boldly out of the accountant's trap, and embark on a transformational journey.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Visit Martin's Website:
https://bissettgroup.com

Welcome to 'Escaping the Accountant's Trap' podcast, a valuable resource for accountants, CPAs, and bookkeepers seeking to break free from the constraints of what we term the accountant's trap. In today's episode, we explore a game-changing solution – the buying and selling of accounting firms. Join us as we sit down with Jason Blumer, CEO of Thriveal, an organization dedicated to empowering entrepreneurial accountants and bookkeeping firm owners to embrace innovative and creative approaches within the profession.

Thriveal serves as a supportive community for professionals who are unafraid to push boundaries, experiment with fresh strategies, and work through the challenges of entrepreneurship together. The conversation delves into the hot topic of private equity firms acquiring larger accounting firms and the characteristics that make a firm an attractive prospect. Moreover, we discuss the prospects and advantages of growing your firm through acquisition. Amidst current industry challenges and opportunities, it's an exciting time for accounting professionals to fortify their positions and emerge as industry leaders.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Visit Jason's Website:
https://thriveal.com/

Welcome to the Escaping the Accountants Trap podcast. If you're an accountant, CPA, or bookkeeper looking to break free from the "accountant's trap" and unlock your true potential, you're in the right place. In today's episode, we delve into the key to your escape: streamlining your operations for a VIP client experience and reclaiming your valuable time. Join our guests, Jessica Smith and Jamie Gruol, founders of Workflows for Tax Pros, as they share their expertise on automating workflows to boost profitability and regain your work-life balance. Say goodbye to long hours, endless emails, and high-stress seasons. Let's get started on your path to success.

Discover the power of automation and learn how to create custom workflows tailored to your specific needs. From client onboarding to return preparation, this podcast will equip you with the tools to revolutionize your accounting practice. Join our thriving community at Workflows for Tax Pros to explore real-world solutions, and turn your practice into a well-oiled machine.

Subscribe now and be sure not to miss our upcoming episodes, packed with actionable advice for accounting professionals. Don't let the "trap" hold you back any longer; it's time to elevate your accounting career and experience true freedom.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Visit Jamie & Jessica's Website:
https://www.workflowsfortaxpros.com

Welcome to the "Escaping the Accountant's Trap" podcast, where we help accountants, CPAs, and bookkeepers break free from the relentless cycle of overwork and undercompensation. In today's episode, we are thrilled to have Leslie Leondas, an expert in liberating accountants from the grind. Leslie specializes in helping accounting professionals break free from the conventional model that often chains them to long hours and low pay. She's here to share her insights on how to escape this common dilemma and scale your accounting business to new heights.

Are you stuck in the hamster wheel, working tirelessly without reaping the benefits you deserve? Leslie and our host, Adam Lean, delve into the strategies that can lead to sustainable growth in your accounting practice. Leslie has transformed her own CPA firm, breaking free from traditional models and helping accountants navigate this transition. Don't miss this valuable discussion on creating systems, building a team, and changing the game in the accounting industry. Stay tuned and unlock the key to unleashing your accounting business's full potential.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Visit Leslie's Website:
https://liondascpa.com/

Welcome to the Escaping the Accountant's Trap podcast! This show is your compass for breaking free from the accountant's trap, a place where accountants, CPAs, and bookkeepers often find themselves working tirelessly for demanding clients without reaping the rewards. In today's episode, we dive into a crucial aspect of escaping this trap - being intentional about your marketing strategy with our guest, Jean Caragher, the President of Capstone Marketing and the author of the 90-Day Marketing Plan for CPA Firms. We explore why being deliberate in your marketing efforts is vital for CPA firms. Jean brings her expertise to the table, shedding light on crafting a successful marketing plan.

Marketing isn't just about attracting new clients; it's a multifaceted strategy aimed at sustaining growth and building a thriving practice. Jean emphasizes the importance of defining your ideal client, setting SMART goals, and executing an actionable plan. With her guidance, you'll learn to nurture existing client relationships, attract new business, and create a dynamic work environment that fosters success. Whether you're a seasoned professional or just starting in the world of accounting, this episode provides invaluable insights to help your firm flourish. Tune in now to embark on a journey towards a more intentional and rewarding practice.

Learn More About The CFO Project:
https://thecfoproject.com/

And check out The CFO Project's free training here:
https://thecfoproject.com/start-a-cfo-service

Visit Jean's Website:
https://capstonemarketing.com

Welcome to another insightful episode of "Escaping the Accountant's Trap" podcast! In this episode, host Adam Lean invites Dawn Goldberg, a certified professional coach for accountants and author of "The Smarter Accountant," to uncover the secrets to eliminating stress, overcoming imposter syndrome, and maximizing productivity. Dawn shares her journey from a stressed-out accountant to a master of mind and time management, revealing how a shift in mindset can revolutionize your professional life. Discover practical tips to stop procrastination, manage your emotions, and take control of your career.

Are you tired of the constant stress and overwhelm that come with accounting work? Don't miss this engaging discussion as Dawn explains the power of emotional intelligence and how managing your mind is the key to effective time management. Learn how to identify and challenge limiting beliefs, why emotional adulthood is crucial for success, and practical steps to boost your productivity. If you're ready to escape the accountant's trap and unlock your full potential, be sure to check out Dawn's website, thesmarteraccountant.com, for her insightful quiz and resources that can help you become a Smarter Accountant. Don't let stress hold you back; it's time to take charge of your career!

Learn More About The CFO Project:
https://thecfoproject.com/

Visit Dawn's Website:
https://thesmarteraccountant.com

Welcome to a brand-new episode of the "Escaping the Accountant's Trap" podcast! In this enlightening conversation, hosts Adam Lean and Shane Westra delve into the realm of AI and its transformative impact on the accounting profession. Join the discussion as they explore how leveraging AI can liberate accountants, CPAs, and bookkeepers from the tedious, time-consuming tasks that often hold them back. Shane, the Chief Product Officer at Canopy Tax, shares valuable insights on how AI can revolutionize the way accounting professionals operate.

Discover how AI serves as a powerful tool, enabling accountants to elevate their roles from number-crunching to high-value client advisory services. Learn about the array of tasks that AI can streamline, from communication and document management to insightful reporting. Shane's expertise sheds light on how AI can free up accountants' time, allowing them to focus on becoming true experts in their chosen niches. The future of accounting is bright, with AI as a catalyst for growth, efficiency, and enhanced client experiences. Tune in now to explore the incredible potential that AI holds for the accounting industry!

Learn More About The CFO Project:
https://thecfoproject.com/

Visit Shane's Website:
https://www.getcanopy.com/

Join us on the latest episode of the Escaping the Accountant's Trap podcast, where we dive deep into the world of advising clients on tax planning strategies. In this enlightening conversation with Paul Hamann, the founder and president of RC Reports, we uncover the powerful concept of reasonable compensation (RC). Discover how RC serves as a crucial compliance figure for small businesses, shedding light on what business owners should be paying themselves and how it affects tax planning.

Paul provides invaluable insights into how accountants, CPAs, and bookkeepers can leverage RC as a cornerstone for advisory conversations. Learn how this fundamental number can lead to discussions on entity planning, retirement strategies, and even open doors to upselling services. Our conversation highlights practical ways to monetize RC analysis and outlines its pivotal role in refining your advisory practice. Don't miss this opportunity to escape the accountant's trap and unlock the potential of tax planning tools for your clients' financial success.

Learn More About The CFO Project:
https://thecfoproject.com/

Visit Paul's Website:
https://rcreports.com

Welcome to the latest episode of Escaping the Accountant's Trap Podcast! In this episode, we're joined by Liz Farr, the founder of Farr Communications, to delve into the transformative potential of content marketing for accountants, CPAs, and bookkeepers. With her extensive background in tax and accounting, Liz shares valuable insights on how content marketing can help you break free from the accountant's trap, attract high-value clients, and establish yourself as an expert in the field.

Liz's journey from the world of accounting to becoming a successful freelance writer highlights the shift from traditional roles to modern strategies. She emphasizes that content marketing isn't just about writing; it's about reaching your audience where they are, whether through written articles or videos. By offering practical advice and addressing common client questions, you can build trust and showcase your knowledge, setting the stage for meaningful client relationships. Join us for this enriching discussion on the power of content marketing and its potential to reshape your accounting career. Listen now and discover new avenues to escape the trap and thrive in today's dynamic business landscape.

Learn More About The CFO Project:
https://thecfoproject.com/

Visit Liz's Website:
https://farrcommunications.com

Welcome to the latest episode of the Escaping the Accountant's Trap podcast! In today's conversation, we dive deep into the world of virtual firms and how they can liberate accountants, CPAs, and bookkeepers from the confines of traditional work structures. Our guest, Noemi Aguilar-Orta, founder of Mama Counts, shares her incredible journey of breaking free from the limitations of a traditional office and building a successful virtual firm.

Noemi's story is an inspiring testament to the power of aligning your career with your life's priorities. She started her journey in the world of bookkeeping and tax at a young age, and after experiencing the challenges of work-life balance and the demands of tax season, she knew she needed a change. With determination and the desire to be present for her family, Noemi embarked on the path of setting up a virtual firm.

Discover how Noemi's journey led her to embrace remote work, allowing her to run a thriving accounting practice while being fully present for her family. She shares valuable insights into the systems she set up, including the use of QuickBooks Desktop through hosting services, workflow automation with tools like TaxStorm, and effective communication tools such as G Suite, Calendly, Zoom, and Asana. Noemi's advice is not only practical but also empowering for those looking to transition into the virtual work landscape.

So, if you're an accountant or bookkeeper who dreams of work-life balance, flexibility, and the ability to work from anywhere, this episode is a must-listen. Join us for this enlightening conversation and learn how to escape the accountant's trap and embrace the boundless possibilities of a virtual firm. Tune in now through the link below and take your career to new heights!

Learn More About The CFO Project:
https://thecfoproject.com/

Visit Noemi's Website:
https://mamacounts.com

Ready to liberate yourself from the accountant's trap? Join host Adam Lean in a riveting episode where he sits down with the remarkable Jackie Meyer, founder of TaxPlanIQ. Get ready to explore the revolutionary world of tax advisory services that can catapult your accounting practice to new heights of value and profitability.

Discover the game-changing potential of offering tax advisory services and why it's the future of modern accounting. Gain insights from Jackie's visionary ROI method of tax planning that can supercharge your revenue and client satisfaction.

Dive into the fusion of accounting and AI as Jackie shares a sneak peek into her AI assistant, 'Jane,' powered by GPT-4. Get a glimpse of how AI can augment your advisory services, enhance efficiency, and elevate client interactions.

Don't miss this enlightening conversation that's poised to reshape the trajectory of your accounting journey. Tune in now and unearth the secrets of escaping the accountant's trap while embracing the dynamic future of the accounting profession.

Learn More About The CFO Project:
https://thecfoproject.com/

Visit Katie's Website:
https://www.jackiemeyercpa.com

In this thought-provoking episode, join host Adam Lean and special guest Vipul Sheth, founder of advancedtrack.com, as they unravel the secrets to escape the accountant's trap. Discover how to charge more for your services by providing real value to your clients and becoming their trusted professional friend. Inspired by the story of a legendary accountant, David, Vipul shares how shifting the focus from compliance tasks to problem-solving and building relationships can transform your practice and create long-lasting client connections. Learn about the advantages of offshoring accounting services and how it can elevate your local team to focus on delivering value, while ensuring accuracy in compliance work. Don't miss this opportunity to unlock the potential of your accounting business and change lives through meaningful client interactions.

Listen now to this empowering episode of "Escaping the Accountant's Trap" and embark on a journey to revolutionize your practice. Learn valuable strategies to elevate your service offerings, command higher fees, and build a thriving client base. By embracing the power of relationships and focusing on value over compliance, you can break free from the traditional accountant's role and truly impact lives. Tune in now and take your accounting practice to new heights!

Learn More About The CFO Project:
https://thecfoproject.com/

Visit Vipul's Website:
https://www.advancetrack.com/