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303 The 15 Reasons To NOT Specialize Your Accounting Firm 

Jason Daily
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16 сен 2024

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Комментарии : 14   
@Adventure-CPA
@Adventure-CPA Месяц назад
Maybe the real niche is the friends we make along the way... I just had a client ask me if they can hire and how much they can afford. I did a ton of research on the their industry, hiring trends, pay scales for experienced hires, etc. I don't want to do that for every industry. I could take that same research and use it to help 100 other agencies that are all in that niche.
@JasonCPADaily
@JasonCPADaily 28 дней назад
Beautiful quote
@DerekFoote1985
@DerekFoote1985 Месяц назад
Another risk is compliance blindness (or compliance bloat). If you niche across regions, or types, of compliance, you're holding yourself out as an expert everywhere. It seems very easy, especially for small practices with limited resources, to screw up compliance due to lack of awareness. What are your thoughts for that issue?
@JasonCPADaily
@JasonCPADaily 28 дней назад
Yeah SALT is a real headache. I'd say it cuts both ways, ie risks doing one-off work, but ultimately I'm not sure which way cuts worse
@GaryLeneway
@GaryLeneway Месяц назад
I worked for a CPA that was 60-70% manufacturing in Michigan during the 2008 meltdown. It makes it harder when you have seen it at it's worst.
@JasonCPADaily
@JasonCPADaily 28 дней назад
Brutal!
@RomeoHatesShrimp
@RomeoHatesShrimp Месяц назад
Maybe the real niche is the clients we are best at serving, value our expertise, and give us cool gifts.....
@vharris6396
@vharris6396 Месяц назад
Love the videos. Not a fan of niching. There are way more common pains-- cash flow, minimizing tax, payroll -- than "rare" pains. I think 'small business accounting' is niche enough.
@JasonCPADaily
@JasonCPADaily 27 дней назад
Yeah this is what I'd would've said probably 4 years ago, because we'd built a successful profitable firm without any real specialization
@anniebandana
@anniebandana Месяц назад
Another insightful video. Thanks, Jason. 😊
@MelissaCalwellCPA
@MelissaCalwellCPA Месяц назад
Off topic, but what AI solution do you like most (or use most!) for writing marketing content? Chat GPT is pretty cool, but is there something better? :)
@JasonCPADaily
@JasonCPADaily 28 дней назад
My favorite at the moment is Claude.ai and Wordware.ai, but the quality of all the responses boils down to how good the context you feed it is. That's the main thing to invest in
@FortitudeTax
@FortitudeTax 28 дней назад
@@JasonCPADaily Yes! I've definitely done a lot of my own learning on how to get what I am looking for out of Chat GPT! Thanks for the reply!
@yandirosado8112
@yandirosado8112 Месяц назад
I been waiting to for this videos. Thanks for your perspective!
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