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Renewgroup

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Self-Study CPE
HOW TO ONBOARD A NEW CLIENT TO YOUR ACCOUNTING FIRM
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WORKING REMOTELY: 5 STRATEGIES FOR SUCCESS
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MAKING THE HYBRID WORK MODEL WORK FOR YOUR FIRM
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SHIFTING YOUR MINDSET: HOW TO GROW AND SCALE A MODERN ACCOUNTING FIRM
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ASSESSING THE RISK OF YOUR ORGANIZATION: MANAGING RISK & BASIC POLICIES
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ASSESSING THE RISK OF YOUR ORGANIZATION: NON-INSURANCE RISK MANAGEMENT ISSUES
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TAKING AUTOMATED SERVICES PAST THAT FIRST CLIENT
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Free cpe webinars
Modern Firm Metrics: More Profit, Better Quality of Life, Attract Target Clients

MODERN FIRM METRICS: MORE PROFIT, BETTER QUALITY OF LIFE, ATTRACT TARGET CLIENTS

This webinar is for partners in tax, accounting, and bookkeeping firms with revenues from $100K to $5M.
Available Date(s)
Monday, December 12, 2022: 3:00PM EST

Cost Free
CPE Credits 1.0 hour
CE Credits 0.0 hours
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Series: Bookkeeper
Course Description

For decades, accountants have attempted to improve firm performance by asking their team members to become more productive and eliminate write-downs. Frankly, it’s a waste of time and inspires no one. In this session, learn how modern firms have reinvented the key metrics to measure so that they have the right people working on the right work, for the right clients.

Accounting firms have been tracking the same metrics for years: productivity, charge rates, and write-downs to name a few. The search for talent has never been more challenging. This is partly a function of focusing on the old ways of measuring performance and productivity. There is another way. ReNew has helped hundreds of accounting firms increase their number of target clients, focus on inspiring metrics, and work while making a significant impact on their clients. Join this hard-hitting and practical webinar and learn proven strategies for leading firms to track and target modern firm metrics.

This webinar is for partners in tax, accounting, and bookkeeping firms with revenues from $100K to $5M who know there is a better way and want to transform their firms by building a firm focused on target clients and commanding premium pricing. As a bonus, you’ll understand how a focus on the right measures can help you become a better business advisor. It is NOT for accountants in industry or other professionals who are not partners in tax or accounting firms. (We feel you should know that in advance so that you don’t waste your time.)

Learning Objectives:


  • Recognize why putting too much emphasis on hours drives down team morale and doesn’t create more value for clients

  • Determine modern firm metrics for tracking leverage and a modern firm business model

  • Recall how to define, identify, track, and upgrade the number of target clients in your firm

  • Evaluate your firm based on what we call Pareto for Profits

  • Identify how firms command premium pricing

  • Recall how one sole practitioner firm increased his firm's revenue by 91%

  • Give examples of how one firm changed its firm culture and retention by focusing on modern firm metrics

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Renewgroup

Shannon Vincent has dedicated his entire career to working with accountants in various capacities. His career began at KPMG in San Francisco. Shannon moved on to specialize in high net worth individuals and emerging growth businesses for two well-known San Francisco-based regional accounting firms. Shannon then spent six years at RANONE, an international consulting company, with two years as the Chief Operating Officer of a 10MM business unit. Since 2001, Shannon has consulted with Top 100 firms to Sole Practitioners, helping them create sustainable and profitable businesses. He has developed impactful content, products, and systems for accountants, including co-founding ReNew Group with Colin Dunn and co-developing the industry-leading lead generation solution for accountants, TRUST. Shannon has recently acted as a Coach and Strategic Thought Partner to a range of accounting businesses in the United States, including consulting on growing their firms, succession plans, improving profits, and quality of life. Shannon received a Bachelor’s degree in Economics with an emphasis in accounting from the University of California, Santa Barbara, and now resides in the San Francisco Bay Area. He is relentless in the pursuit of maximizing the performance of every firm he consults with and coaches.

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Colin Dunn, FCA

ReNew Group
Chief Innovation Officer
colin.dunn@renewgroup.com
61 418 250115

Renewgroup

Colin Dunn is a Chartered Accountant with extensive experience in coaching accountants to develop and implement strategies to build better businesses and help their clients achieve their business and personal goals.

Having spent almost nine years in a fast-growing accounting firm in the UK, Colin has spent the past 25 years training, coaching, and consulting accounting firms worldwide.

Colin, along with his business partner in ReNew Group, Shannon Vincent, is passionate about helping accounting firms customize their firms' business models so that they have less noise, more profits, and better clients, meaning they ca,n spend more time with their families and pursuing hobbies and leisure interests.

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Webinar Technical FAQs
Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
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CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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About Our Presenter

Renewgroup

We help accounting firms escape the insanity of tax season and the traditional all-things-to-all people model. We show them a better way, based around target clients paying $2-8K per month, and give them a process to transition to subscription services with a monthly recurring revenue focus