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Accounting Firm Growth Strategies
Loren Fogelman
125 episodes
6 days ago
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!
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Entrepreneurship
Business
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All content for Accounting Firm Growth Strategies is the property of Loren Fogelman and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
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!
Show more...
Entrepreneurship
Business
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Start Measuring Client Profitability and Spotting Hidden Costs
Accounting Firm Growth Strategies
16 minutes 22 seconds
2 months ago
Start Measuring Client Profitability and Spotting Hidden Costs

Think a big invoice always means big profit?


For many accounting firm owners, the highest-revenue clients turn out to be the least profitable. Long hours, endless revisions, and hidden scope creep quietly eat away at margins. They keep you overworked and underpaid.


00:00 – Why High-Paying Clients Aren’t Always Profitable
02:10 – The Hidden Costs That Drain Your Margins
04:30 – Step 1: Track Every Hour You Invest in Clients
06:50 – Step 2: Evaluate Client Behavior and Alignment
09:15 – Step 3: Calculate True Contribution Margin
11:45 – Case Study: How Jennifer Increased Profitability by 40%
14:35 – Action Plan to Boost Profits and Reclaim Your Time


In this episode of the Accounting Firm Growth Strategies Podcast, you’ll discover a simple three-step profitability assessment to identify which clients fuel your growth and which ones hold your firm back. This process helps you stop chasing revenue and start focusing on true profitability.


You’ll learn how to:

✅ Identify the hidden costs draining your bottom line

✅ Evaluate client alignment with your firm’s long-term goals

✅ Restructure your client mix to maximize profit and reduce stress


Profit isn’t about billing more; it’s about keeping more of what you earn while creating space for high-value work.


Watch now to learn how to measure client profitability, reclaim your time, and build a more sustainable, profitable accounting firm.


If you want to double your income working half the time, download my free resource Get Paid What You’re Worth at https://businesssuccesssolution.com/worth


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

Accounting Firm Growth Strategies
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!