Increasing your prices for 2024 tax season
As year-end repricing season draws near, you may notice my drum-beat get louder.
...
REMEMBER.
Price is independent from cost.
The seller can add value without incurring cost.
The seller doesn’t need to double staff to double revenue.
REMEMBER.
Revenue doesn’t come from staff.
Revenue doesn’t come from work.
Revenue doesn’t come from effort.
Revenue doesn’t come from time.
REMEMBER.
Revenue doesn’t come from delivering reports, P/Ls, returns, forecasts, or audits.
Or standardized/itemized deductions.
Or K-1's.
Or doing Schedule C's or E's.
Or projections.
Or vouchers, W2s, or 1099's.
Revenue doesn't come from FBAR/FATCA reporting.
Revenue doesn't come from compliance.
Or filing any kind of federal or state return.
REMEMBER.
Revenue comes from value.
Revenue comes from value-creation.
Revenue comes from creating value, and then using pricing tools to capture the value created.
REMEMBER
Your prices are independent of the cost required to create the value.
COACHING OPTIONS
Down to 40 Hours: CPA MASTERMIND
Get in control of your accounting practice so you have the freedom to live the life you want, while enjoying your work. You'll make just as much, while cutting the chaos and overwhelm. Registration opens Jan 5th.
Get on waitlist »
$7,500
Single Strategy Session
Perfect for the person who needs a dose of clarity fast, so they can keep moving.
Strategy Session »
$495
Template Disengagement Letter
Make the process a little easier.
Make your own copy »
Free
Know a CPA who's overwhelmed or overworked? Please consider forwarding them this email :) and thanks!
Received this email from a friend, and you want in? You can subscribe here.
Fair warning: I send 4+ emails per week. If that's too much, put'em in a folder to read with your Saturday AM coffee, or unsubscribe below.
Typoes are freee; your welcome. :)
Got a topic idea, or a question? Send it my way. I love hearing from you.