Should your accountancy practice be 100% niche?

Tips for accountants

One piece of advice for accountants that I’ve come across many times over the years is to specialise in a specific niche – “it’s the way to succeed in your accountancy business”.

Well, in 3 decades of working with accountants I’ve seen this backfire more times than I’ve seen it succeed.

What happens if that niche market changes? Or even becomes obsolete? Where do fresh ideas come from?

What’s really important in my opinion, is to understand your ideal client. Understand what they want and need from their accountant and the value you can bring to their business, no matter what sector they’re in.

See the 1 minute videos playlist: https://youtube.com/playlist?list=PLDQoKaIXbLSz0IcLeB9L2_5m5yR2Bhm64

There are dozens more tips for accountancy practice owners at https://www.avn.co.uk/1-minute-tips/. You’ll find short videos on everything from time management, improving productivity, building a brilliant team and pricing your services. Running an accountancy practice is full of challenges – these quick tips show you how small changes can make a big difference.

And for proven strategies to building a profitable, sustainable and value driven accountancy business, download Shane’s best-selling book, Putting Excellence Into Practice - https://www.avn.co.uk/peip/.

AVN provides training and support for accountants so you have a choice about the role you play, the hours you work, the income you take and the difference you make. Find out how we can help you build the accounting firm you really want https://www.avn.co.uk/

Видео Should your accountancy practice be 100% niche? канала AVN - The Accountants' Network