Looking for ways to reduce workload while increasing your firm’s capacity? In this episode, I’ll discuss 2 steps you can take to strategically grow your business while reducing work hours and getting the most out of your capacity.
Listen Below.
0:33 – The question I got from social media is relevant to a lot of firm owners: How can busy firm owners find time to work on improving their business and reaching their goals while running the firm?
1:33 – In episode 31, I shared tips to boost productivity and manage time, but they may not suffice to address larger issues with how the firm is run.
1:56 – Step 1 is scheduling 30 minutes to an hour on your calendar every day to focus on your top priority and eliminate distractions.
3:26 – Step 2 in the process of freeing up time in the firm is to reduce the number of clients you work with, which will allow you to have more time available.
3:55 – Many firms are doing too much for too little; the best approach to increase capacity is to eliminate bad clients and implement a solid services and pricing strategy.
4:45 – Increasing prices for clients is a strategy I’ve implemented across firms I’ve coached.
5:41 -To help you maintain control of your business and reduce your workload, I recommend listening to episode 91 of the podcast titled, The 7-Step Pathway to Reduce Your Workload in Your Firm.
5:45 – To sum up, dedicating 30 to 60 minutes a day to top priorities can systematize work, reduce workload, and increase revenue by raising client prices while maintaining profits.
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Ryan Lazanis
Hi! I'm Ryan. I’m an entrepreneurial CPA that founded Xen Accounting, a 100% cloud-based accounting firm, in 2013. Following its acquisition in 2018, I started Future Firm to help accountants fast-track the growth of a modern, scalable accounting firm of their own.
Here are 3 ways for how you can fast-track your own modern, scalable firm:
1) Get my weekly newsletter that gives tips & trick to scale your firm.
2) Subscribe to the Future Firm Accounting Podcast for bite-sized, actionable lessons on how to scale your firm.
3) Join Future Firm Accelerate, my online coaching program that helps modern firm owners quickly scale.