Episode 33: Planning your 2023 business growth strategy

Linkedin: https://www.linkedin.com/company/wizementoring/

Instagram: https://www.instagram.com/wize.guys/?hl=en

Download the full transcript here.

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PS: Whenever you’re ready... here are the fastest 4 ways we can help you fix and grow your accounting firm:

1. Take the Wize Accountants Scale Scorecard – Find out your potential to scale and the next steps you should follow – Start Your Scorecard

2. Download our famous Wize Freedom Strategy Map for FREE - Find out the 96 projects every firm owner must implement to build a $5M+ firm that can run without them - Download here

2. Need to Hire right now? Book a 1:1 FREE discovery call with our WizeTalent hiring coaches to help find your next team member the Wize Way – Click Here

4. Book a 1:1 Wize Discovery Session – Spend 30mins with our Wize CEO, Jamie Johns, a $7M firm owner who is ready to give you his entire business plan to build a firm that can run without you – Find out more here

Find out the best tips in accounting business’ planning for 2023!

Timestamps:

0:43 - The concept of business plan and growth strategy

1:12 - How to figure out your ideal income

2:18 - Grab your FREE business plan template

3:28 - Step-by-step guide to creating your growth plan

Quotations:

“...part of overcoming the barriers to growth is to try and reach what your ideal turnover or fees are in order to reach your ideal income.” - Jamie Johns

USEFUL LINKS:

Business Plan Template
Download FREE eBook: The Accountant's 20-Hour Workweek Playbook

GET IN TOUCH!

Linkedin: https://www.linkedin.com/company/wizementoring/

Instagram: https://www.instagram.com/wize.guys/?hl=en

RECRUIT - team structure, recruitment, management, leadership

Download the full transcript here.

________________

PS: Whenever you’re ready... here are the fastest 4 ways we can help you fix and grow your accounting firm:

1. Take the Wize Accountants Scale Scorecard – Find out your potential to scale and the next steps you should follow – Start Your Scorecard

2. Download our famous Wize Freedom Strategy Map for FREE - Find out the 96 projects every firm owner must implement to build a $5M+ firm that can run without them - Download here

2. Need to Hire right now? Book a 1:1 FREE discovery call with our WizeTalent hiring coaches to help find your next team member the Wize Way – Click Here

Previous Episode

Episode 32: The First 90 Days of onboarding a new recruit

Episode 32: The First 90 Days of onboarding a new recruit

In this episode of The Wize Guys, Brenton Ward, Jamie Johns, and Ed Chan talk about the importance of training your new recruits and why having a proper onboarding procedure equates to investing in the balance sheet of your firm.

Learn more on this episode to get you equipped in onboarding new recruits for your accounting firms!

Timestamps:

0:35 - Understanding the context of investing in a balance sheet
3:45 - The importance of attitude for client-facing post
4:42 - Difference between client fanatical from team fanatical
5:56 - Working IN vs Working ON
7:29 - Tips for onboarding a finder, minder, and grinder
15:43 - Hiring an experienced VS fresh graduate
20:13 - How to communicate with clients
21:34 - Best training for senior client manager and senior production manager
23:04 - Assessing the improvement through review points
24:51 - How to build the framework for the first 90 days
35:46 - Why you should involve managers in the recruitment process
36:36 - Key steps in getting offshore team members set up and trained
46:46 - The risk for the 6-month probationary period
48:41 - Why 90 days is critical
51:09 - How much training do you do in the onboarding process?
51:41 - The importance of the ‘how-to’ videos
53:21 - Is it worthwhile to hire part-time staff?
55:22 - How to measure productivity with outputs

Quotations:

“I often talk about how your staff is your greatest asset, but it's also your greatest challenge.” - Ed Chan

“Don't fix their mistakes, let them fix their own mistakes.” - Jamie Johns

USEFUL LINKS:

Employee Handbook Template

GET IN TOUCH!

Linkedin: https://www.linkedin.com/company/wizementoring/

Instagram: https://www.instagram.com/wize.guys/?hl=en

Download the full transcript

________________

PS: Whenever you’re ready... here are the fastest 4 ways we can help you fix and grow your accounting firm:

1. Take the Wize Accountants Scale Scorecard – Find out your potential to scale and the next steps you should follow – Start Your Scorecard

2. Download our famous Wize Freedom Strategy Map for FREE - Find out the 96 projects every firm owner must implement to build a $5M+ firm that can run without them - Download here

2. Need to Hire right now? Book a 1:1 FREE discovery call with our WizeTalent hiring coaches to help find your next team member the Wize Way – Click Here

Next Episode

Episode 34: The 12 Wize Tips of Christmas

Episode 34: The 12 Wize Tips of Christmas
In this episode of The Wize Guys Podcast, Brenton Ward, Jamie Johns, and Ed Chan get together to give The 12 Wize Tips of Christmas.

These 12 Wize tips revolve around the Wize DRS Model. Find out how you can start to implement these tips to scale your business.

Timestamps:

2:30 - The Wize DRS Model

4:44 - TIP 1: Develop Your Growth Blueprint

11:06 - TIP 2: Turn On Performance Dashboards

20:44 - TIP 3: Install an Extraordinary Operations System

24:28 - TIP 4: Keep it Simple & Intuitive

25:41 - TIP 5: Create Deep and Narrow Teams

31:10 - TIP 6: Hire A-players

35:44 - TIP 7: Micro Training vs Micro Managing

40:47 - TIP 8: T.E.A.M - Together Everyone Achieves More

45:02 - TIP 9: Attract Ideal Clients

50:46 - TIP 10: Monetize your IP

54:28 - TIP 11: Master Tuck-ins

58:24 - TIP 12. Invest in freeing up time for yourself so you can focus on your business' growth

Quotations:

“So a business that runs without you is the goal, but the ultimate goal is to give the business owners, the firm owners, and the teams the freedom to be able to live the life they wanna live and have more choices and just basically not have a business that's completely reliant on you.” - Brenton Ward

“You're better off over-communicate than under-communicate. And if you over-communicate, just gets everyone on the same page, and everyone heading in the same direction.” - Jamie Johns

“There's a whole saying, ‘to be able to manage it, you've gotta measure it.’ If you don't measure things, you won't be able to manage them.” - Ed Chan

“So a business needs to be growing. If you're not growing, you're dying.” - Ed Chan

USEFUL LINKS:

Download FREE eBook: The Accountant's 20-Hour Workweek Playbook

GET IN TOUCH!

Linkedin: https://www.linkedin.com/company/wizementoring/

Instagram: https://www.instagram.com/wize.guys/?hl=en