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Building a $200K Accounting Firm in Just 15 Hours a Week
Episode 81

Building a $200K Accounting Firm in Just 15 Hours a Week

Earmark Podcast | Earn Free Accounting CPE · Blake Oliver, CPA

November 1, 20241h 3m

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Show Notes

Erica Goode, CPA, reveals how she built a thriving $200K accounting firm working just 15 hours a week. Discover the power of niching, efficient processes, and work-life balance in this candid discussion. Erica will share her journey from corporate burnout to entrepreneurial success, offering practical insights on pricing strategies, time management, and building authority in your niche. Whether you're considering starting your own firm or optimizing your existing practice, this webinar will inspire and equip you to reimagine what's possible in your accounting career.

(Originally recorded on October 16, 2024, on Earmark Webinars+)

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Show Notes

The 15-Hour Accounting eBook:
https://mailchi.mp/ericagoode/15-hr-accountant-ebook

Chapters

  • (02:39) - Welcome Erica to the Show
  • (04:55) - Transition from Corporate to Entrepreneurship
  • (06:28) - Life in Idaho and Outdoor Activities
  • (08:06) - Burnout and Decision to Leave Corporate
  • (11:12) - Starting the Accounting Firm
  • (19:20) - Client Growth and Service Tiers
  • (30:23) - Systematizing CFO Services
  • (32:37) - Client Report Preparation and Meetings
  • (33:25) - Listener Question: Monthly Meeting Agenda
  • (35:03) - Forecasting and Cash Flow Discussions
  • (37:46) - The Value of Monthly Meetings
  • (38:55) - Balancing Work and Client Relationships
  • (39:51) - Handling Client Taxes and Referrals
  • (41:27) - Marketing and Client Acquisition
  • (44:34) - Podcasting and Providing Free Advice
  • (48:39) - Scaling a Solo Practice
  • (50:34) - Balancing Work and Personal Life
  • (59:41) - Final Thoughts and Resources

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Connect with Our Guest, Erica Goode

LinkedIn: https://www.linkedin.com/in/erica-goode-cpa-00205616/

Connect with Blake Oliver, CPA

LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/

Topics

niching in accounting firmsprocess efficiencycorporate burnoutWalgreen'sentrepreneurpricing strategiesexit clauses in contracts