I have been fortunate enough to spend the past two weeks working on my practice instead of in my practice. Twice a year I go to the national conference of PASBA, or Professional Association of Small Business Accountants. This group and likewise the conference have shaped our firm like nothing else. I am able to bounce ideas off of great firm leaders and listen and share ideas that lead to great profitability, efficiency, and effectiveness of how we deliver the services we provide.
This year we learned a lot about the idea of creating a business that truly embodies the "E-Myth" and to create a system that works to deliver the services in an efficient documented manner.
I learned a ton and am excited about implementing as much as possible as quickly as possible.
The following week I attended a new leadership community called, Rootworks. This was led by Darren Root. An innovator and leader in the small accounting firm community. I have to say how much I thoroughly enjoyed being a part of such thought provoking leadership and the ability to be exposed to the latest technologies.
My homework is extensive, but it starts with the core premise that our firm must firm must first define what we do, what we don't do, who we work with, and to whom we will not work with.
It then requires that once we know what we do, we should define what we do good and what we do great. We would then need to define the implementation steps that would be required to take our services from good to great in each of those areas. Lastly, it would require us to determine how would we imrove the things we do great to "Next Generation Firm Status" by utilizing technology.
It was extremely powerful and I have a ton to get done! First step, defining what we do...
I will keep you updated...
