Blake Oliver sits down with Brannon Poe of Poe Group Advisors to discuss the differences between traditional and subscription-based virtual accounting firms. Brannon shares his expertise on firm valuation, revealing that factors like cash flow to owner and owner hours play a significant role in determining a firm's value. He also emphasizes the importance of pricing strategies, noting that implementing value pricing and subscription models can dramatically improve a firm's profitability and overall value. Throughout the conversation, Brannon provides valuable insights and real-world examples to help firm owners maximize their firm's value in preparation for a potential sale.
0:00 Welcome Brandon Poe to the Show
00:51 Traditional vs. Subscription Accounting Firms
01:46 The Value of Virtual Subscription Firms
02:11 Factors Influencing Firm Valuation
02:37 The Impact of Location on Valuation
07:19 Key Metrics for Maximizing Firm Value
12:05 Firm Valuations: Some Numbers
15:09 Strategic Decisions for Firm Growth
20:55 Final Thoughts and Resources for Brandon's Book and Academy
Meet Our Guest, Brannon Poe
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Website: poegroupadvisors.com/
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31 май 2024
