What smart accountancy practices don’t want you to know?
Smart Accountancy Practice Partners keep their clients growing because they know the secret to helping them survive and grow.
They know you also know what they do, but you don’t know how they do it.
Most accountancy practices earn 80% of their income from preparing accounts and tax returns, which is the bread-and-butter work for accountants. The remaining 20% involves assisting clients with what we call management consultancy, the type of work that generates a higher rate of income.
The strategy of the “smarter” firm is to increase the type of management consultancy work they do, thereby increasing their profitability.
So how do they do it?
The simple answer is they allow all their clients to explore a growth mindset!
Let us explain how, at no cost to you, your accountancy practice can give the same opportunity to your clients!
Their secrets are introduced to you in our FREE 30-minute online webinar
- Time 1.00 pm (1300 Hours)
- Date: Thursday, 10th April 2025.
- CLICK HERE TO REGISTER
Their secrets can be yours if you sign up for a 30-minute insight or contact us today for a one-on-one discussion with one of our founders.
The webinar will introduce you to the secret of mindset and your route to ‘How to be a smart Accountancy Practice!’
A business growth mindset is a leadership and organisational philosophy centred on the belief that abilities, strategies, and outcomes can be developed and improved through dedication, innovation, and continuous learning. It emphasises adaptability, resilience, and a proactive approach to challenges, enabling businesses to scale sustainably and seize opportunities.
Key traits of a business growth mindset:
- Continuous learning & improvement
- Encourages ongoing skill development, market research, and feedback analysis.
- Invests in employee training and leadership development.
- Resilience & adaptability
- Views setbacks as learning opportunities rather than failures.
- Pivots strategies in response to market changes, technology, or competition.
- Customer-centric innovation
- Focuses on solving customer problems creatively.
- Leverages data and feedback to refine products/services.
- Strategic risk-taking
- Willing to experiment with new ideas, technologies, and business models.
- Balances bold moves with calculated risk assessment.
- Collaborative & empowering culture
- Encourages teamwork, open communication, and shared ownership of growth.
- Rewards initiative and creative problem-solving.
- Long-term vision with agile execution
- Sets ambitious goals but remains flexible in tactics.
- Uses metrics and KPIs to track progress and adjust strategies.
- Scalability & efficiency focus
- Implements systems, automation, and processes that support sustainable growth.
- Optimises operations for both short-term wins and long-term expansion.
Why it matters:
Businesses with a growth mindset outperform competitors by fostering innovation, retaining talent, and staying ahead of industry trends. Unlike a fixed mindset (which assumes limitations), a growth mindset drives continuous evolution and market leadership.
CLICK HERE to register for our workshop