Accounting Firm Growth Strategies

By: Loren Fogelman
  • Summary

  • Are you an accounting firm owner ready to ditch the billable hour grind? Do you yearn to create a firm that fuels your passion and brings you true fulfillment? Then dive into Accounting Firm Growth Strategies with Loren Fogelman. Every episode is packed with proven firm growth tactics you can implement today. Expect frank discussions about the realities of firm ownership with plenty of insights from influential guests. Stop settling for "good enough." New episodes of the "Accounting Firm Growth Strategies" podcast drop every week, so subscribe now to unlock the firm of your dreams!
    Loren Fogelman
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Episodes
  • Raising Rates by 5% Isn’t Enough: How to Boost Your Profit Margins for Real Growth
    Feb 18 2025

    Are your annual rate increases actually helping your firm grow?


    Many accounting firm owners rely on small, incremental rate hikes of 5-10% each year, believing it will boost profits. However, inflation and rising operational costs often make these minor increases insufficient.


    If you’ve been increasing your rates but still struggle to improve your bottom line, it’s a sign your pricing strategy might be holding you back.


    In this episode, we’ll explore why small rate increases aren’t enough and how they could be costing you more than you realize.


    Perfect for accounting firm owners who want to break free from the cycle of incremental price hikes and start pricing for value.


    This episode covers:

    ✅ The impact of inflation on your profit margins.

    ✅ Why small rate increases don’t keep up with rising costs.

    ✅ How to shift from hourly billing to value-based pricing.


    If you’re ready to rethink your pricing strategy and see real results, listen to this episode and take the first step toward healthier profit margins and greater financial freedom.


    If you want to double your income, working half the time, then Get Paid What You're Worth is a FREE resource for accounting professionals. Check out this 43-page e-book at https://businesssuccesssolution.com/worth


    Subscribe to the Accounting Firm Growth Strategies Podcast: https://podcasters.spotify.com/pod/show/loren-fogelman2


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    11 mins
  • Is Your Top-Paying Client Actually Your Biggest Headache?
    Feb 11 2025

    Are you losing money without realizing it?


    That “big” client who makes up a large portion of your revenue might actually be costing you more than you think. From unbilled hours to constant scope creep, difficult clients can silently drain your resources, leaving you with less time and profit.


    If you’re not regularly assessing whether your clients are profitable, you’re putting your firm at risk.


    There are hidden costs to keeping low-value clients. They could be holding you back from building the firm you truly want.


    Here’s what you’ll learn:

    ✔️ How to identify clients who are draining your time and profits

    ✔️ The real impact of keeping these clients around—on your team, your stress, and your growth

    ✔️ A simple strategy to replace difficult clients with higher-value, easier-to-manage ones


    The bottom line? If you’re working too many hours for too little in return, it’s time to make a change.


    Check out this episode because you deserve clients who respect your expertise, pay your worth, and help you grow.


    FREE Resource: Want to double your income while working half the time? Download my 43-page e-book, Get Paid What You’re Worth, at businesssuccesssolution.com/worth.


    Subscribe to the Accounting Firm Growth Strategies Podcast: https://podcasters.spotify.com/pod/show/loren-fogelman2


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    12 mins
  • Company Culture: Are You the Leader Your Firm Needs?
    Feb 6 2025

    Your firm’s culture exists whether you shape it or not. The question is—does it support your vision or hold your firm back?


    Many accounting firm owners focus on pricing, efficiency, and client work, but culture plays a critical role in retention, team performance, and long-term profitability.


    Firms with a strong culture run more smoothly, attract quality talent, and require less oversight. But when culture isn’t a priority, you struggle with disengaged employees, high turnover, and resistance to change.


    In this episode, we’ll explore:

    ✔️ Why firm culture impacts profitability—and what happens when you neglect it.

    ✔️ How to set clear expectations so flexibility strengthens your team.

    ✔️ Hiring strategies to identify candidates who align with your firm’s values.


    Creating a thriving firm culture doesn’t happen overnight. However, small, intentional shifts will deliver results in just a few months.


    If you’re ready to build a firm that runs more smoothly with a committed, engaged team, don’t miss this episode.


    Listen now to actionable tips that Pam Greene with Padgett Klamath Falls shares.


    Check out Padgett Klamath Falls at https://www.klamath-falls.padgettadvisors.com/


    If you want to double your income, working half the time, then Get Paid What You're Worth is a FREE resource for accounting professionals.

    Check out this 43-page e-book at https://businesssuccesssolution.com/worth


    Subscribe to the Accounting Firm Growth Strategies Podcast:

    https://podcasters.spotify.com/pod/show/loren-fogelman2


    Show More Show Less
    38 mins

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