10X Opportunity Document
Eight Powerful Opportunities for Accounting Firms Serious About Making a Difference!
There are ten powerful business advantages which have been worked on for over 20 years and have culminated in 10X. That’s 20 years of business development experience in over 22 countries with a diverse range of clients AND focused on one single outcome – how to provide business services to the SME marketplace while making a difference to their business and their personal lives, not to mention maximising the revenue return and profitability to the service provider. The benefit to you is powerful ... you can now have the incredible advantage of that experience to grow your firm’s clients, revenue and profitability while being profoundly different to those accounting firms around you.
Opportunity #1 – Making a Real Difference
The most important benefit for your firm and that of your clients’ business is simple! With a 10X division, your firm now has the ability to provide services to your clients that add awesome value, build your clients’ business and give your clients the potential for a lifestyle outside their current grasp.
The founders of 10X have more than 75 years combined experience working directly in business development and have learned everything you need to make your 10X division successful for you and your client. This experience includes how to market to this sector so you attract clients, how to sell so both you and your client are happy with the outcome and you gain the maximum $ value, how to get results for your clients and build their business, and how to build an ongoing relationship with your clients so they refer business to your accounting firm and your 10X division.
Opportunity #2 – Remove the Restrictions of an Hourly Rate
In 1964 there was a research study and subsequent book written on the state of the accounting profession in Australia. There were 2,150 accountants surveyed, with data collated on everything about how they ran their businesses, how they charged, how much they paid people and how much profit they made.
Using the data (in today’s dollars) and benchmarking the 1964 figures with just under 1,000 accounting firms in 2007, what we found was astonishing. We were specifically looking to see how the profession has progressed, and we wanted to know if profit per partner had increased and if so, by how much. The good news is ...
