Areas of practice

Areas of practice

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I am looking for general growth advice for accountancy practice.

I am interested to know how accountants distinguish themselves from other accounting firms.

Would you go for extra qualifications such as investment advice? 

I know most of the accountants provide general accounting services what other services do you provide?

Replies (5)

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By cheekychappy
04th Feb 2016 21:34

Therapy
I also seem to provide free therapy sessions.

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By Tim Vane
05th Feb 2016 09:13

After dark, when good folk are asleep in bed, I don my secret identity and take to the rooftops, keeping the local area safe, and free from crime.

I don't usually mention it though, when I'm pitching to prospects. I generally find that they're pretty much looking for the usual accounting and compliance work. I suppose I differentiate myself by not promising to be anything more than just a plain old, does-what-it-says-on-the-tin accountant.

That seems to be what clients want, after they know the streets are safe.

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By bernard michael
05th Feb 2016 09:47

At lunch time I turn into "the man down the pub". Gets me free beer but probably annoys my fellow local practitioners

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By Maslins
05th Feb 2016 10:03

My view - most clients don't care about qualifications.  Most don't realise that any idiot with no experience or qualifications can call themselves an accountant, so you pointing out all the letters after your name will unlikely impress.

Find a niche, so rather than becoming "just another small business accountant" you become the go to accountant for X.  It could be a specific sector ("SMEs" or "owner managed businesses" is far too broad), it could be those working with a certain (ideally fairly rare) bookkeeping package, or it could be clients fitting a certain demographic (eg the pensioner specialist).  Try to appeal to everybody and you'll appeal to nobody.

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By cheekychappy
05th Feb 2016 14:11

Saga Accountant
The problem with being a pensioner specialist is that your client base are prone to dying.

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