Here is how it rolls out:
The Power Up your Profits program is run on the Mighty Network platform away from distractions and in a safe community of small and solo accounting practice owners. You will work through the course on your own, and is self paced. Along with the program content, lessons, templates and videos you will receive 3 months free membership to the Balanced Firm Community where you have the opportunity to engage, collaborate with other practice owners just like you. This community is priceless!
Module 1 – Clarity and Strategy around personal worth and wealth
Module 2 – Clarity and Strategy around practice numbers
Module 3 – Lifting the hood on your practice numbers and your position in the industry
Module 4 – The reality of the profitability of your current client base
Module 5 – Tracking and measuring consistently for success
What you will learn:
- Structures and worksheets to nail your practice management numbers that you will do in private
- Clear picture of where you currently sit against industry KPI’s
- Understand formulas that you may have never seen as these are the things that your former bosses would have kept secret
- Compare against Amanda’s own numbers at different parts of her practice journey (from the start, to having one staff, to having more staff, to having premises)
- Determine what you should be earning from your practice
- Understand standard pricing across the accounting industry and develop your own schedule of fees for over 50 services to help you quote, engage and re-engage clients
- Strategy to work out fees for clients and work through live client examples with WIP etc
- Framework and agenda to track numbers, to keep you accountable and profitable and to motivate staff.
The stuff Amamda shares in the course is the stuff you dont learn at uni or working for a boss. It’s stuff Amanda has learnt the hard way, through trial and error, sleepless nights and bits and pieces taken from courses, mentors and coaches that she has spent well over $100,000 on over the years.