Show Summary
In today's episode of the Grow My Accounting Practice Podcast, Tim Thompson delves into common misconceptions about taxes within Profit First Circles. He addresses the skepticism often heard from prospects, such as disbelief in their reported income or reluctance to accept their tax obligations. Tim offers insights on navigating these challenges and emphasizes the importance of professional support in implementing Profit First strategies, especially when accountants are resistant to the approach.
Tim also tackles the perception of accounting services as commodities and explores strategies to differentiate and add value. He provides valuable perspectives on proving the naysayers wrong and establishing a unique position in the market. Additionally, Tim shares his "Nasty" approach to business and its effectiveness in driving growth and profitability.
Looking ahead, Tim discusses the future direction of his business, highlighting upcoming initiatives and areas of focus. He offers glimpses into his vision for expansion and development, showcasing his commitment to continuous improvement and innovation in serving clients. Tune in to gain valuable insights from Tim's experiences and expertise in navigating the complexities of the accounting industry.
Website:
www.timthompsoncpa.com
Facebook:
https://www.facebook.com/mydfwcpa
Twitter:
https://www.twitter.com/mdfwcpa
Youtube:
https://www.youtube.com/@mydfwcpa
Corporate Partner:
Jason Snider: Remote Team Building & Leadership
Li Hayes: Using Speaking to Grow Your Business
Silvia Guardado: Working with the Latinix/Immigrant Community
Louie Prosperi & Michael Palmer: Successful Bookkeeper Summit
Penny Breslin: Outsourcing Accounting and Bookkeeping
Rachel Siegel: How To Be A Master Networker
Debra Cassera & Sabrina Pelech: Profit First for Chiropractors
Brian Thompson: Raising Prices
Ian Robinson: Building A Culture Of Expertise Through Custom Software
Tom Wheelwright: 7 Investments the Government Will Pay You to Make
Joshua & Ashlee Latimer: The Kid WarPlan Journal
Dan Romance & Tom Gibson: Tax Savings, Documentation, Wealth Acceleration
David Cristello: Growing Your Firm
Mickie Kennedy: Press Release Marketing
Tuesday P Brooks: Building Capacity as a Microenterprise
Dr. David Phelps: Freedom Founders - Own Your Freedom
Ronit Enos: Profit First for Salons
Tara Newman: Dark Part of Business
Karrie Jackson and Katie Robinette: How to Market When Identifying Your Niche
Aaron Walker: Eradication of Isolation
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
HCI Leadership Revolution
Human Capital Leadership
The Power of Music Thinking
BusinessWISE
Business Wars