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Turning H2 into Success for Accounting Firm Owners: Financial Health [Part 1 of 4]
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In the first of a four-part series, Keila discusses strategies for accounting firm owners to turn the second half of their year into a success. She focuses on financial health as the foundation, covering essential benchmarks like KPIs and strategies to maintain and improve a firm's financial standing. Keila emphasizes the importance of analyzing monthly recurring revenue, churn rates, and client satisfaction scores, while also reviewing profit margins and service packaging. This episode provides valuable insights for professional service firm owners looking to make intentional and focused improvements in their business.
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- (00:00) - Introduction to the Series
- (01:40) - Focus on Financial Health
- (02:11) - Key Financial Benchmarks and KPIs
- (06:37) - Understanding Profit Margins and Business Strategy
- (10:11) - Pricing and Service Packaging Review
- (12:42) - Conclusion and Sponsor Message
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Website - www.krht.co
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