Shows
The Modern CPA Success ShowPreparing Your Business for SaleWhen the time comes to consider selling, it’s easy to feel buried in uncertainty and daily chaos. How do you prepare your business for sale?In this episode, Tom Wadelton and Adam Hale from Summit Virtual CFO by Anders walk you through what it really takes to prepare your business for sale. They share straightforward insights into how to think beyond putting out daily fires and start making strategic moves that increase the value of your business. Adam and Tom break down key valuation metrics like EBITDA, what buyers are...
2025-04-1543 min
Creative Agency Success ShowWhat's a Maturity Model Anyway?Creative Agency Success Show (Episode 144): “A maturity model isn't a report card, it's about understanding where your decision-making capabilities are.” - Jamie NauIn this episode of The Creative Agency Success Show, Jamie Nau and Jody Grunden pull back the curtain on how small business owners can move from just getting by to truly thriving. They’ve spent the last eight months crafting a maturity model designed to help you assess where your business stands in five key areas: cash management, forecasting, profitability, sales outlook, and financial reporting.
2025-04-0824 minThe Modern CPA Success ShowHow CPA.com Revolutionized CAS with Amy BridgesMany firms find themselves delivering outsourced accounting but struggling to break into true advisory work. In this episode of The Modern CPA Success Show, Amy Bridges, Senior Manager of CAS Professional Services at CPA.com, shares how firms like yours can build a thriving CAS practice that’s scalable, efficient, and impactful.Amy's journey into the world of CAS is anything but ordinary. With a background in mathematics, software, and education, she brings a unique perspective to how firms can leverage technology and str...
2025-04-0141 minThe Modern CPA Success ShowWhy Did the Accountant Cross the Road? To Connect with Clients on a Deeper Level!Title:Why Did the Accountant Cross the Road? To Connect with Clients on a Deeper Level!Quote:"My clients had and still have amazing reputations in what they do. Most of them don't need huge numbers of new clients; it's more about reputation management and keeping the marketing ticking over." -Chantal CorneliusSummary:In this episode of the Modern CPA Success Show, the host and Tom Walton, a virtual CFO at Anders CPA and Advisors, engage with Chantal Cornelius, founder of Appletree Marketing and author of "Stand Out Strategies."...
2024-12-0946 min
The Young CPA Success ShowEnhancing Client Outcomes Through CPA and Financial Advisor Partnerships with Adam D. Koós“We need to get the phrase ‘exit planning’ out of our vocabulary. I like to call it business transition planning or transitioning you from wherever you are today to wherever you want to be.” – Adam The finer details of this episode:Importance of fiduciary responsibility in financial planning.Relationship dynamics between financial advisors and CPAs.Challenges and implications of fiduciary principles for clients.The significance of being a fee-only financial advisor to minimize conflicts of interest.Strategies for young CPAs to build relationships with financial advisors.The role of transparency and communication in investment strategies.E...
2024-12-0246 minThe Young CPA Success ShowHappy Birthday, Young CPA Success Show!“I had a ton of imposter syndrome coming into this. It was severe, but it's been such a bright light in my life and career, getting to have honest conversations with folks.” – Hannah Hood “If that is something that you're interested in, do the damn thing.” – Joey Kinney The finer details of this episode:Importance of creating content tailored for young accounting professionals.Discussion of imposter syndrome and its prevalence in the accounting field.Reflection on the podcast's impact and growth over its first year.Recognition of the skills gap in middle mana...
2024-09-2342 minThe Young CPA Success ShowTransforming Accounting: How Jody Grunden’s Journey is Redefining the Industry for Young Professionals“I want to make sure that whatever we create, it's not only conducive for my lifestyle but for my entire team.” – Jody Grunden The finer details of this episode:Transformation of the accounting professionChanging perceptions within the accounting industryImportance of personal relationships and communication in professional successExperiences and challenges faced in public accounting and corporate rolesEntrepreneurial journey and founding of Summit CPA GroupEmphasis on work-life balance and flexible work environmentsAdoption of remote work and its impact on company cultureNeed for adaptability and innovation in accounting practicesRole of soft skills and interpersonal relationships in future account...
2024-09-0953 minThe Young CPA Success ShowCMA vs. CPA: Navigating Certification Requirements and Career Challenges with Kaden CookThe finer details of this episode:Differences between CMA (Certified Management Accountant) and CPA (Certified Public Accountant) exams/certifications Applying knowledge from school, exams, and work experience in current roleChallenges and loopholes in meeting the 150-hour rule Importance of practical work experience and technology in the industry Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitieshttps://www.linkedin.com/in/kadencook...
2024-05-2040 minCreative Agency Success ShowPipeline Meetings: Why A CFO Helps Agencies Accelerate Growth with Hannah Hood“As a little bit of contextual background for our listeners, if you don't already know, as a part of the suite of meetings and services that we offer our clients, we are in what we call our pipeline meeting. During these meetings and throughout our client relationship, we stress the importance of knowing your data. At the end of the day, you absolutely need to be looking at your data and understanding the story that it tells you about where your agency currently is. Having conversations with my clients so that I can really dive into what the data is...
2024-05-0628 minThe Modern CPA Success ShowMastering the Art of Onboarding: Why Even Small CPA Firms Should Invest“At the end of the day, it's first impressions. If you get a flat tire those first couple of weeks, it’s just going to really resonate through the entire relationship. You're never going to be able to win back that trust." -Adam Hale The finer details of this episode:● Importance of onboarding for CPA firms● Setting clear expectations and creating a process for onboarding● Activities involved in the onboarding process (accounting discovery, advisory discovery)● Role of project management and client success managers in onboarding● Significance of...
2024-04-0116 minThe Young CPA Success ShowMaintaining a Healthy Lifestyle During CPA Busy Season with Kendra Miller“Breakfast really is the most important meal of the day because it's breaking your fast, allowing your body to use the food to rebuild muscle and do all these wonderful things it needs to do. By eating breakfast within 1 to 2 hours of waking, it helps regulate your hormones so you're less stressed, more apt to have a balanced metabolism, and you have the energy to support your most active parts of the day." – Kendra Miller The finer details of this episode:●Importance of maintaining a healthy lifestyle during busy accounting careers●Insights...
2024-03-2556 minThe Modern CPA Success ShowAttract and Retain Accountants Amid a CPA Shortage: A Conversation with Cory GaymanThe finer details of this episode:Challenges of finding and retaining CPAsStrategies for attracting and retaining talentHiring local talent vs. offshoring Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/If you have questions or would like to be a guest on the show, email us at mcpasuccessshow@anderscpa.comCheck out the Virtual CFO Playbook Course: https://vcfoplaybook.summitcpa.net/https://jcgcpafirm.com/https://www.linkedin.com/in/jcgcpa/
2024-02-1948 min
Earmark Podcast | Earn Free Accounting CPEThe Young CPA Perspective on the Talent ShortageBlake is joined by two "Young" CPAs, Hannah Hood, and Joey Kinney, both virtual CFOs with Summit Virtual CFO by Anders. Among the topics of discussion are challenges for young accountants including low starting salaries, lack of flexibility and career path at traditional firms, the value of remote work, and the need for more women leaders and work-life balance in the accounting industry. Hannah and Joey also promote changing the accounting profession to be more adaptable and inclusive.SponsorShareFile - https://earmarkcpe.promo/sharefileChapters(00:49) - Welcome Hannah and Joey...
2023-12-181h 03The Young CPA Success ShowNow is the Best Time to be a Young CPA: Dave Hartley’s Top 10 Reasons“There are more career paths today than ever before in the industry.” -Dave Hartley The finer details of this episode:Shift in the accounting profession toward adding value Positive changes in the industry, such as an employee-focused approach Opportunities and resources available to young professionals Changing perceptions about the profession Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/car...
2023-11-201h 00Creative Agency Success ShowBest of 2023 from the Virtual CPA Success ShowImportance of finding a single metric to measure firm performanceImportance of exploring client budgets and validating them in the sales processBenefits and the potential of AI for automation in businessChallenges faced by agencies in terms of burnout and stressImportance of having a trusted advisor in your businessEpisode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: vcpasuccessshow@anderscpa.comThis Quiz Will Tell You What Financial Help Your Business Needs: https://rxkebp5191f.typeform.com/summitquiz?typeform-source=statics.teams.cdn.o...
2023-11-2054 min
Earmark Podcast | Earn Free Accounting CPEJody Grunden's $10 Million Secret: Weekly Client MeetingsJody Grunden, the founder of Summit CPA Group, was a trailblazer in establishing one of the first CPA firms specializing in virtual CFO services. They recently achieved an impressive $10 million in revenue. What propelled Jody's success? The key lies in his commitment to regular client meetings. In this enlightening discussion, Jody unveils his strategy of revolutionizing client relationships by transitioning from traditional monthly engagements to weekly touchpoints. Tune in now to unlock the potential of this simple yet transformative shift, enabling you to enhance your advisory services and propel your firm's growth to new heights....
2023-11-201h 07The Modern CPA Success ShowHow to Offer Virtual CFO Services to Law Firms with John Scott“Typically, lawyers are focused on what is right in front of them. They think if they do good work that's right in front of them, then good things will happen. And, sometimes they do, but you can enhance that if you focus on what the value drivers are for the business.” -John C. ScottThe finer details of this episode:The role of a CFO in growing law firms Cash flow management and forecasting for law firms Benefits of flat-fee billing vs. hourly billing Episode resources:Summit CPA website – www.summitcpa.netEmail u...
2023-04-0345 minThe Modern CPA Success ShowTop 5 Marketing Mistakes CPA Firms Make with Matthew Banker“I've talked to a lot of firms who say that they can't take on new business between February and April. I think that's a mistake because that's when business owners are feeling the most pain around their financials, so that's when they most need help and want to talk to someone. But they'll often just turn off the marketing during those months. So, that's the best time to be connecting with potential clients because that's when they're feeling the need most acutely.” – Matthew Banker The finer details of this episode:The importance of understanding your custome...
2023-03-2047 min
Business Strategy for CPA's225 Selling Summit CPA for Multiples with Jody GrundenGet your FREE 7 Pricing Essentials for CPAs and EAs here:https://geraldinecarter.com/7*Want one piece of business strategy delivered daily to your inbox?* Subscribe here: geraldinecarter.com/subscribe Many CPAs work until they're done. And they either hand their firm down, sell it, or turn off the lights and close the door. Some miss an opportunity to be more strategic about what they choose to build with an eye toward future value creation. Here today to talk with me about this is my guest, Jody Grunden. ...
2023-01-1840 minThe Modern CPA Success ShowFinancial Tools for Remote CompaniesIn this episode, Jamie Nau, our host and Summit CPA's Director of Virtual CFO, sits down with Adam Hale, Partner at Anders CPAs + Advisors, and Jake Grimm, Summit CPA's Director of Technology, to discuss financial tools for remote and distributed companies. If you are a business owner of a fully distributed company, this episode is for you! Jamie, Adam, and Jake discuss must-have tools to implement in your remote business to help it run efficiently and grow it to the next level. The finer details of this episode :How to choose the best technology for...
2022-09-1930 minCreative Agency Success ShowFinancial Tools for Remote CompaniesIn this episode, Jamie Nau, our host and Summit CPA's Director of Accounting, sits down with Adam Hale, Partner at Anders CPAs + Advisors, and Jake Grimm, Summit CPA's Director of Technology, to discuss financial tools for remote and distributed companies. If you are a business owner of a fully distributed company, this episode is for you! Jamie, Adam, and Jake discuss must-have tools to implement in your remote business to help it run efficiently and grow it to the next level. The finer details of this episode :How to choose the best technology for your...
2022-09-1229 minThe Modern CPA Success ShowHow to Survive Your First 100 Days as a Virtual CFO with Greg Wallis"The quality of the people (and), the quality of the technology has just made my ability to step in and be successful a whole lot easier." - Greg Wallis The finer details of this episode :What is it like shifting to a virtual CFO role? How did Greg's experience help him adjust?What do you need to consider and think about before going virtual or moving to a 100% remote firm?Tips for professionals interested to join Summit CPA, A Division of Anders CPAs + Advisors, or offer their own Virtual CFO services Episode resourcesS...
2022-06-0940 min
The Ambitious Bookkeeper Podcast46 ⎸ Building a remote Virtual CFO Firm with Jody GrundenSend us a textThis week I’m interviewing Jody Grunden co-founder and CEO of Summit CPA Group, a leading Virtual CFO firm in the creative agency space. We are talking about scaling, removing yourself from your firm, offering CFO services, building an amazing virtual team culture, and lots of things in between.After we stopped recording, I told Jody I wished I’d found his firm when I was still working in corporate because I totally would’ve worked for him. If you’re not ready to start your own firm or know it isn’t fo...
2022-04-2843 min
Accounting High047 The Model Cloud Accounting Firm (feat. Jody Grunden, CPA)Episode 47 | Recorded January 10, 2022
Today we’ll learn about Jody Grunden’s CPA journey and how his firm went from $0 in 2002 to $9 million plus in 2022. By taking the non-traditional route in accounting – combining vision and integration to form a biz model that really, really works - Summit CPA Group is a shining example what TO do!
shout out to our sponsors this week; Xero and Gusto's People Advisory Accelerator, go to gusto.com/training and type in the code sons100 for $349 off
Meet Jody: LinkedIn: https://www.linkedin.com/in/jodygrunden/
Jody is not th...
2022-04-241h 08The Modern CPA Success ShowSummit CPA has Joined Anders!" Just because things are going well doesn't mean they can't be better. So that's what we try to live by. " - Robert Minkler Jr. The finer details of this episode :The merger story of Summit CPA and AndersHow the merger benefits both Summit CPA and AndersWhat stakeholders should expect with the mergerEpisode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net Summit CPA Group to Merge with Anders CPA + Advisors
2022-04-1937 minCreative Agency Success ShowSummit CPA has Joined Anders!" Just because things are going well doesn't mean they can't be better. So that's what we try to live by. " - Robert Minkler Jr. The finer details of this episode :The merger story of Summit CPA and AndersHow the merger benefits both Summit CPA and AndersWhat stakeholders should expect with the mergerEpisode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - vcfo@summitcpa.net Summit CPA Group to Merge with Anders CPA + Advisors
2022-04-1237 minThe Modern CPA Success ShowModern CPA Success Show's Best of 2021"As a CPA firm, we're big into numbers, we're big into data. And, we do look at this data to try to determine what our future topics are going to be and how to make sure that our podcasts are hitting the audience." - Jamie NauThe finer details of this episode :What are the top performing podcasts episodes on the Modern CPA Success Show in 2021?What three topics drive more podcast downloads?Why did these topics perform well? Top 10 Episodes:The Future of Virtual CFO Services with Rick Telberg of CPA TrendlinesThe Pla...
2022-02-2110 minThe Modern CPA Success ShowDeveloping A Team Of Constant Learners"The end of curiosity is that understanding and it's engagement. And if we get to that and then we're going to increase our quality of interactions with our internal stakeholders and with our teammates, we're going to increase the quality of the service we provide to our clients because we are fully engaged. We are better understanding who, who they are and what they want." - Josh JeansThe finer details of this episode :What having curiosity means to Summit CPA Group?In the hiring process, what are Summit CPA's best practices that help qualify candidates w...
2022-02-0730 minCreative Agency Success ShowVirtual CPA Success Show's Best of 2021"This information is really important for us in terms of organizing and planning our podcast going into 2022. So we wanted to let the listeners know what 2022 is going to look like." - Jamie NauThe finer details of this episode :What are the top performing podcasts episodes on the Virtual CPA Success Show in 2021?What three topics drive more podcast downloads?Why did these topics perform well? Top 10 Episodes:Developing a Growth Marketing Strategy with Dev BasuDeveloping Systems to Scale Your Business with David Jenyns (Part 1)Developing Systems to Scale Your Business with Dav...
2022-01-2610 minThe Modern CPA Success ShowHow Andrew Tucker Found The Perfect Course To Grow His CPA Firm"Back in November I was able to unveil practice executive, which is really something I created almost entirely from scratch based on the Summit Model and what I've been able to experience from you guys over the last few months." - Andrew TuckerThe finer details of this episode :Practice Executive LLC and how Andrew Tucker started his practiceHow he applied what he learned from the Virtual CFO Playbook Course to grow his clients from scratchBecoming a thought-leader in the dental industry Episode resourcesSummit CPA website - www.summitcpa.netEmail us...
2022-01-2436 minCreative Agency Success ShowDeveloping a Team of Constant Learners"The end of curiosity is that understanding and it's engagement. And if we get to that and then we're going to increase our quality of interactions with our internal stakeholders and with our teammates, we're going to increase the quality of the service we provide to our clients because we are fully engaged. We are better understanding who, who they are and what they want." - Josh JeansThe finer details of this episode :What having curiosity means to Summit CPA Group?In the hiring process, what are Summit CPA's best practices that help qualify candidates w...
2022-01-1929 minThe Modern CPA Success ShowBest Advice for Remote First Companies"Just do it. It's one of those things that if you think about it and you try and make it perfect it never will be. No one working in the office will ever be perfect. So (it's always) come out of your comfort zone and step into the risky area and go remote. You just have to do it." - Jody Grunden The finer details of this episode :What to consider and what to prepare for before going remoteHow to start and how to maintain a remote workplaceWhat helped Summit CPA Group? (Tools, processes, pe...
2021-12-2830 minCreative Agency Success ShowBest Advice for Remote First Companies"Just do it. It's one of those things that if you think about it and you try and make it perfect it never will be. No one working in the office will ever be perfect. So (it's always) come out of your comfort zone and step into the risky area and go remote. You just have to do it." - Jody Grunden The finer details of this episode :What to consider and what to prepare for before going remoteHow to start and how to maintain a remote workplaceWhat helped Summit CPA Group? (Tools, processes, pe...
2021-12-2130 minThe Modern CPA Success ShowCloud-based Forecasting with Jirav"This is another really great thing about using an online platform like this - you could have a support person who has never seen your model be able to figure out what's going on in like five or 10 minutes versus like taking all afternoon to figure it out in an Excel." - Martin Zych The finer details of this episode :What is Jirav? How does Jirav help Summit CPA serve our clients better?Why did Summit CPA decide to move to Jirav?How Jirav helps Summit CPA as a cloud-based forecasting solutionWhat are Jirav's features tha...
2021-11-2927 minThe Modern CPA Success ShowThe Great Resignation Part 2"You have got to understand everyone on your team's unique ability and best and highest contribution and put that to work. Create a place where they can make a meaningful contribution given their motivations and their unique abilities." - Zach MontroyThe finer details of this episode :What to consider if you want to keep your peopleUnderstanding the needs and motivations of peopleCompensation and benefits - how important benefits come into playHow personalization of benefits has helped Summit CPAEpisode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.n...
2021-11-1535 minCreative Agency Success ShowCloud-based Forecasting with Jirav"This is another really great thing about using an online platform like this - you could have a support person who has never seen your model be able to figure out what's going on in like five or 10 minutes versus like taking all afternoon to figure it out in an Excel." - Martin Zych The finer details of this episode :What is Jirav? How does Jirav help Summit CPA serve our clients better?Why did Summit CPA decide to move to Jirav?How Jirav helps Summit CPA as a cloud-based forecasting solutionWhat are Jirav's features tha...
2021-10-1227 minThe Modern CPA Success ShowWhat Eating Kale Taught Geraldine Carter About the Accounting Profession"When I look at the accounting profession, same thing, super well-educated well-trained putting in lots of years licensed, and all that. Do they suffer sometimes from the same kind of, let's just say blinders, because they're so well-trained and thinking that the solution has to be complicated and nobody else could possibly come up with it that they walked right past easy solutions." - Geraldine Carter The finer details of this episode What are the 3 main challenges that CPAs and CPA firms usually experience?The kale story and its analogy to the accounting professionFinding si...
2021-10-0634 minThe Modern CPA Success ShowExploring New Marketing Channels to Reach More Leads“The thing is, you kind of have to find your groove there. It doesn't happen just overnight.” - Stephen Pope The finer details of this episode Which marketing channel should you consider for your firm? Understanding your audience and making sure you have a clear messageThe concept of virality and creating content that resonates All about TikTok and the impact of social media and video marketing Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netSGPLabs - www.sgplabs.com/
2021-09-0733 minThe Modern CPA Success ShowFinding Your Niche & Becoming a Thought Leader“In terms of passionate, absolutely essential as there's a rule in the practice of thought leadership, that your audience will never be more interested in your topic than you. So you have to choose something that you're going to be excited to talk about for the next five or 10 years.” - - Bill Sherman The finer details of this episode What is thought leadership?What questions should you ask yourself before you start?Steps you need to take before you launch your brand's thought leadershipThought leadership and its correlation to passion, relevance and responsibilityEpisode...
2021-08-2328 minThe Modern CPA Success ShowPlanning Memorable Company Retreats for Remote Companies (Part 2 Live from Las Vegas)"I think being in my role one of the things I've seen is the fact that we haven't had this conference for a full year. I think it definitely affects the morale" - Jamie NauThe finer details of this episode Difference between Director and CFO retreat and why it's important to have bothPurpose and benefits of team retreatsProcess of organizing team retreatsImpact of team retreats to employee moraleDifference of team retreats for remote vs. non-remote companiesEpisode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net
2021-08-1101 minThe Modern CPA Success ShowPlanning Memorable Company Retreats for Remote Companies (Part 1)"I really think what Summit has created, and Jody and Adam have created together is something unique; and also is something that should be looked at by other companies and replicated with how they treat their employees and creating that connection in a very remote working environment" - Lillian HocevarThe finer details of this episode Postmortem discussion of the Director's RetreatWhen to include family members in company retreatsSelecting the perfect location for retreats that include family membersUltimate goal of company retreatsWhat are the 6 Working Geniuses? How did Summit use this information to help teamsE...
2021-07-2834 minThe Modern CPA Success ShowEverything you Need to Know About Cannabis Accounting with Andrew Hunzicker"The House today introduced a bill to fully decriminalize Cannabis. So, we're moving quickly both state front and federally and we actually saw this with CBD and Hemp legalize completely in 2018. So, there's a decent chance Cannabis will go down this path as well.” - Andrew Hunzicker The finer details of this episode Who and what does Andrew Hunzicker of Dope CFO do?Cannabis Industry as a nicheOpportunities available in the Cannabis IndustryTips and reminders for CPAs and CPA firm owners who are interested to serve this nicheEpisode resourcesSummit CPA webs...
2021-07-1729 minThe Modern CPA Success ShowTax Lessons Learned with Dave Danic“Building a team that is eager to dive into some of these multi-state tax issues is one of our lessons”- Dave Danic The finer details of this episode How Summit CPA Group Tax Department is set upShifts that Summit CPA Group made internally the past two years under the Tax DepartmentWhat a does a Tax Manager do?What changes did Summit CPA Group do when managing clients Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netEmail Dave Danic- ddanic@summitcpa.net
2021-07-0128 minThe Modern CPA Success ShowDeep Dive with Virtual CFO Client Tiffany Farriss of Palantir“We were built to a certain kind of project, that they weren't looking from us anymore. We had to really reshape the firm and it was a really painful moment. So we really had to learn and step back.” - Tiffany Farriss The finer details of this episode Growth as an outcome of success not as a metricThe challenges that influenced the changes for PalantirHow long does it take to create a 360 shift within the organizationHow a virtual CFO was able to help them through challenging times Episode resourcesSummit CPA website...
2021-06-1434 minThe Modern CPA Success ShowDeveloping Systems to Scale Your Business with David Jenyns (Part 2)“That's what systems do. They enable you to solve problems once, and then the business over can move over to the next problem which should be a higher level” - David Jenyns The finer details of this episode The need for a Business Systems Champion in your organizationHow systems shape business culturesThe impact and change systems bring to a businessGetting your teams onboard with changes in business systems Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netDavid's website - davidjenyns.com
2021-06-0231 minThe Modern CPA Success ShowDeveloping Systems to Scale Your Business with David Jenyns (Part 1)“All the business owners that I chat with, every single one of them, I don't think we'd ever had a discussion where we haven't come to the conclusion that business systems are important.” - David JenynsThe finer details of this episode Why business systems are importantHow SYSTEMology is different from process improvement practicesWhat business owners should do to get startedKey practices to adopt for better business systemsEpisode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netDavid's website - davidjenyns.com
2021-05-1724 minThe Modern CPA Success ShowHow Octavia Conner Made Her Clients Say Yes to Profits"In order to generate profit the correct way you need to have cash flow in your business...So one of the ways that we help our business owners is that we tell them 'The ultimate goal is for you to say yes to profits.'” - Octavia Conner The finer details of this episode Say Yes To Profit and Octavia's amazing backstory How she defined what needed to be done to scale her businessWhat challenges she faced and how she overcame itTried and tested tips to build your own VCFO servicesEpisode resourcesSum...
2021-05-0325 minThe Modern CPA Success ShowHow to Build a Flexible, Engaged, and Successful Workplace with Frank Cottle"The one word that every major employer, or every major business, or governmental entity is using right now is agility. They started using that in 2017, 2018, 2019, they started using the word but they weren't taking action and that's the big difference” - Frank Cottle The finer details of this episode Deep dive into the difference of the workforce through the yearsWhat the new normal looks like for the workforceRedefining the purpose of an office New workforce models and options for businesses Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questi...
2021-04-2033 minThe Modern CPA Success ShowThe Playbook That Inspired the Growth of Oberlander & Co."I feel like we're colleagues, so you know it's like a real firm and we work together and they help us a lot besides actually taking the course that has helped us a lot in setting the framework."- Jacob OberlanderThe finer details of this episode How the VCFO Playbook Course influenced Oberlander & Co.Highlighting the practices that Oberlander & Co. adopted Importance of implementing a solid Onboarding process and Pipeline MeetingsThe Impact of Switching to Value-Based Pricing Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summi...
2021-04-0729 minThe Modern CPA Success ShowChoosing Vendors with Jake Grimm"In our industry, we're always looking at what can save time and what's not going to break down all the time” - Jody GrundenThe finer details of this episode Understanding your company's needs to find the right solution for youHow to choose the best vendor for your companyThings to consider before saying "yes" to a vendorHow Summit CPA Group weeds out all proposals to find the best one Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net
2021-03-2928 minThe Modern CPA Success ShowAdapting in the Age of Automation with David Bergstein"I think the future of accounting is automation and advisory services." - David Bergstein The finer details of this episode Understanding the importance of automation and innovationProcess of choosing the best platforms to automate processesWhy moving to the cloud is the way forward for CPA firmsHow to add value through advisoryEpisode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netBergstein CPA website - www.bergsteincpa.com/
2021-03-1526 minCreative Agency Success ShowEstablish Smarter Ways of Working for you and your Clients with Bill.Com"You have an opportunity to digitally transform your clients' life." - Pete PotsosThe finer details of this episode What is Bill.com?How Bill.com helped Summit CPA revolutionize their processesFeatures can help you and your clientsHow you can improve your own practice using the Bill.com platformEpisode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - vcfo@summitcpa.net Bill.com website - www.bill.com
2021-03-1128 minThe Modern CPA Success ShowEstablish Smarter Ways of Working for you and your Clients with Bill.ComQuote"You have an opportunity to digitally transform your clients' life." - Pete Potsos The finer details of this episode What is Bill.com?How Bill.com helped Summit CPA revolutionize their processesFeatures can help you and your clientsHow you can improve your own practice using the Bill.com platform Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netBill.com website - www.bill.com
2021-03-0328 minCreative Agency Success ShowChoosing Vendors with Jake Grimm"In our industry, we're always looking at what can save time and what's not going to break down all the time” - Jody GrundenThe finer details of this episode Understanding your company's needs to find the right solution for youHow to choose the best vendor for your companyThings to consider before saying "yes" to a vendorHow Summit CPA Group weeds out all proposals to find the best one Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - vcfo@summitcpa.net
2021-02-2428 minThe Modern CPA Success ShowExploring Video Marketing Strategies to Grow Your BusinessQuote“If you want to be a big business that continues to grow with some scale, then you need to learn how to use these.” - Stephen PopeThe finer details of this episode How video helps you connect to your audienceWhy it's important to incorporate a video marketing strategy into your social media and other marketing efforts in generalHow to be comfortable in videoTips on getting your very first video done Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netEmail Stephen - stephen...
2021-02-1536 minThe Modern CPA Success ShowFinancing with QuickFeeQuote“One of the partners there was sharing that their firm no longer has an overdraft thanks to using our payment plans” - Bruce Coombes The finer details of this episode What is QuickFeeWhat are the three payment solutions offered by QuickFeeAdvantages of using QuickFeeHow it helped firms collect payments fasterHow QuickFee can help enhance your relationship with your client Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netQuickFee - https://quickfee.com/
2021-02-0331 minThe Modern CPA Success ShowThe Future of Virtual CFO Services with Rick Telberg of CPA TrendlinesQuote“If we write about what people are talking about, then people are going to talk about what we write about.” - Rick TelbergThe finer details of this episode How Rick curated his content for CPA TrendlinesTrends in the Virtual CFO spaceWhat could potentially hold CPA firms back from going virtualWhy you should seriously consider offering VCFO work considering the current landscapeWhat type of firm is best for offering VCFO servicesBenefits of hiring a project manager to do our client onboarding at Summit CPA Episode resourcesSummit CPA website - www...
2021-01-0427 minThe Modern CPA Success ShowDeep Dive with Virtual CFO Client Casey Cobb of Ricochet GroupQuote“Let’s build the plan and plug the engineers into the plan instead of the other way around.” - Casey Cobb The finer details of this episode How the beginning of this client relationship changed the way we pitchedCasey’s amazing backstory and how a virtual CFO was able to help him through challenging timesThe 80/20 rule, Parkinson's Law, and how Casey implemented them into his business ideaHow Casy found his blue ocean strategy Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.ne...
2020-12-2138 minThe Modern CPA Success ShowHow To Hold An Effective Meeting with Tom BarrettQuote“A lot of meetings are ruled by too many subjective opinions and egos, so it’s important to bring in actual objective measures of progress.” - Tom Barrett The finer details of this episode Where Summit CPA has been and where we are going with our meetingsWhat makes a good meetingWhy people hate meetings so muchHow to prevent team members from being distracted during meetingsHealthy conflict and how that can be a good thing in meetingsCreating a meeting agenda and why that is absolutely necessaryThe power in naming your meetingsThe IDS structur...
2020-12-0737 minThe Modern CPA Success ShowThe Importance of Team Retreats with Zach Montroy and Lillian HocevarQuote“Taking this time and investment in your team will show dividends in the future.” - Zach The finer details of this episode How to choose the right venues, restaurants, and activities for the group Tips for structuring the content of your company retreat Balancing team-building and business development activities Choosing the right location for your retreat The importance of working with the right team to organize your retreat Budgeting and forecasting to cover your retreat financially Episode resourcesSummit CPA website - www.summitcpa.net Email us with questions...
2020-11-1636 minThe Modern CPA Success ShowGetting the Right People into the Right Seats with Tom BarrettQuote“The key to keeping employees happy is to get the right people on the bus, the wrong people off the bus, and the right people in the right seats.” - Tom Barrett The finer details of this episode How to keep your employees happy Using accountability charts to get everyone into “the right seat” Processes for transitioning and onboarding employees into their roles Making sure that everyone gets into seats that fit their strengths Seeing people’s potential for leadership or supervising Tips for the interview process to assess potential new team members The...
2020-11-0230 minThe Modern CPA Success ShowDeep Dive with Virtual CFO Client Greg Bear of Bear GroupQuote“We were growing, I was wearing a lot of hats, and I started to realize our finances should be doing better.” - Greg Bear The finer details of this episode How Bear Group got started and their experience as a remote company Their process of hiring a CFO How Summit CPA has helped Bear Group to uplevel their business New financial management tricks Greg learned during the onboarding process Bear Group’s financial workflow Factors that attributed to fast cash growth for The Bear Group What to consider if your business is looking to h...
2020-10-1924 minCreative Agency Success ShowDeep Dive with Virtual CFO Client Greg Bear of Bear GroupQuote“We were growing, I was wearing a lot of hats, and I started to realize our finances should be doing better.” - Greg Bear The finer details of this episode How Bear Group got started and their experience as a remote company Their process of hiring a CFO How Summit CPA has helped Bear Group to uplevel their business New financial management tricks Greg learned during the onboarding process Bear Group’s financial workflow Factors that attributed to fast cash growth for The Bear Group What to consider if your business is looking to h...
2020-10-1224 minThe Modern CPA Success ShowSmall Business LoansQuote“I have the ability to play financial offense for clients, getting them the cash they need to continue to grow.” - Dan Kalis The finer details of this episode How to create good relationships with your bankKeeping your business in a good financial positionThe three C’s of lendingThe importance of building your business credit profileWhat to do when you don’t have the capital to grow your businessWhen you should borrow from a bank and when you should go a different routeCreative ways to meet your business’s cash needs Ep...
2020-10-0626 minThe Modern CPA Success ShowSummit CPA employees Angie Douglas & Mikala Page talk about traveling while working remotelyQuote“Scope out the wifi situation before you arrive somewhere. The worst workweeks have been when I had to use my phone hotspot to work.” - Mikala Paige The finer details of this episode Angie and Mikala’s stories and how they joined Summit CPA Tips for creating a remote/travel lifestyle Things to research before moving to a new location How Angie worked from a van Having a social life when you work remotely and travel Challenges and advantages of working remotely and traveling Equipment you will need for remote work Episod...
2020-09-2828 minCreative Agency Success ShowSummit CPA employees Angie Douglas & Mikala Page talk about traveling while working remotelyQuote“Scope out the wifi situation before you arrive somewhere. The worst workweeks have been when I had to use my phone hotspot to work.” - Mikala Paige The finer details of this episode Angie and Mikala’s stories and how they joined Summit CPA Tips for creating a remote/travel lifestyle Things to research before moving to a new location How Angie worked from a van Having a social life when you work remotely and travel Challenges and advantages of working remotely and traveling Equipment you will need for remote work Episod...
2020-09-2128 minThe Modern CPA Success ShowFamily Office Integration with VCFO Services with Michael Frost from HeritageQuote“You have four professionals under one roof, so if you can’t genuinely respect and understand everyone’s industry, you are going to have a hard time implementing family services into your office” - Michael Frost The finer details of this episode Why bringing in a family office may be a good compliment to what you are doing as a VCFOWhere to start with moving towards a family office The relationship the CPA firm has with the other professionals How building a family office creates a better client experience How professionals are able to se...
2020-09-1432 minThe Modern CPA Success ShowEOS with Tom Barrett from Navigate the JourneyQuote“The time you spend on EOS tools, you are going to save that time and more in the long run.” - Tom Barrett The finer details of this episode How to determine if your organization needs EOS The process of implementing EOS Advantages of working with an EOS implementer The six key components of EOS Setting priorities using the EOS model Episode resourcesSummit CPA website - www.summitcpa.net Email us with questions - cpa@summitcpa.net Navigate the Journey - https://navigatethejourney.com/
2020-08-3128 minThe Modern CPA Success ShowDelegation Tips with Emily Morgan from Delegate SolutionsQuote“We need to be committed to the boring stuff in our business because it is the backbone of how everything runs.” - Emily Morgan The finer details of this episode Tips for small businesses on delegating their admin tasks Advantages of having a virtual assistant How to start delegating some of your admin work in your business How to get comfortable letting go of tasks in your business What the day-to-day looks like working with a virtual assistant Episode resourcesSummit CPA website - www.summitcpa.netEmail us with quest...
2020-08-1727 minCreative Agency Success ShowClient Spotlight with Matt Westgate of LullabotQuote“Intentionally fostering serendipity in a distributed company will help keep isolation at bay.” - Matt Westgate The finer details of this episode What brought Matt to Summit CPA Why Lullabot decided to become a distributed company The benefits of working with a distributed teamMaintaining company culture when your team is distributedThe evolution of the Lullabot leadership team How Matt pulled his company out of financial hardship Creating psychological safety in your company culture Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - vcfo@summitcpa.ne...
2020-08-1034 minThe Modern CPA Success ShowClient Spotlight with Matt Westgate of LullabotQuote“Intentionally fostering serendipity in a distributed company will help keep isolation at bay.” - Matt Westgate The finer details of this episode What brought Matt to Summit CPA Why Lullabot decided to become a distributed company The benefits of working with a distributed teamMaintaining company culture when your team is distributedThe evolution of the Lullabot leadership team How Matt pulled his company out of financial hardship Creating psychological safety in your company culture Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.ne...
2020-08-0634 minThe Modern CPA Success ShowSpecial Guest Justin Hatch of Reach ReportingQuote“Every metric tells you what button you need to push to make yourself more profitable.” - Justin Hatch The finer details of this episode What Reach Reporting does for its clientsHow Summit CPA found Reach Reporting and why it is so important to usWhy visual, simple reports are such important tools for CPA firmsHow you can get Reach Reporting set up in your firm Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netReach Reporting - https://www.reachreporting.com/
2020-07-2329 minThe Modern CPA Success ShowCash Flow Tools with Justin Pulgrano of FinagraphQuote“Cash flow tools allow you to help every client with short term forecasting.” - Justin Pulgrano The finer details of this episode Why cash flow is a critical piece of data to collect for your businessWhat makes Finagraph a great tool for measuring cash flowWhat the setup of Finagraph looks likeThe disadvantages of accrual statementsWhy you should manage cash flow using a tool instead of a spreadsheetWhat is next for FinagraphWhy cash is so important in these times Episode resourcesSummit CPA website - www.summitcpa.netEmail us with...
2020-07-0728 minThe Modern CPA Success ShowOnboarding a New Employee with Zach MontroyQuote“The three legs of the stool are culture, tech and tools, and client backgrounds.” - Adam Hale The finer details of this episode How to communicate your core values with a new employee The process for teaching new employees the tools and systems What the schedule looks like for a new employee during their first weeks Providing real-time feedback to new employees Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net
2020-06-2524 min
Business Strategy for CPA's090 How to Design vCFO Services, with Adam Hale, COO of Summit CPA GroupGet your FREE 7 Pricing Essentials for CPAs and EAs here:https://geraldinecarter.com/7Today’s guest is Adam Hale, Co-Founder and COO of Summit CPA Group. Summit CPA Group is the leading provider of Virtual CFO Services in North America. Summit CPA offers virtual CFO, Controller, and transaction-level services remotely and at scale. And Adam works with his team to deliver the best possible vCFO services to their clients. I wanted to have Adam on to dig into the art and science of pricing and delivery of these services, so t...
2020-06-1732 minThe Modern CPA Success ShowHiring Assessments with Zach MontroyQuote “We are trying to learn about a candidate, know how they are going to fit into the culture, and know how they are going to do the job in a very small amount of time.” - Zach The finer details of this episode How Summit CPA has struggled in the past with hiring The hiring assessments that Zach introduced to Summit CPA Why Emotional Intelligence is such an important factor in a potential employee How the EQ assessment works and how to read the results The Kolbe assessment and how to use...
2020-06-0826 minThe Modern CPA Success ShowPPP Loan ForgivenessQuote “Don’t try to game the system with these. The government is going to be really scrutinizing the details with this.” - Jody Grunden The finer details of this episode Which expenses are included in loan forgivenessWhat you should do if your business uses contractors How to approach documentation What you need to know about the regulations and guidelines The timing and process to obtain forgiveness How to work with any loan that isn’t forgiven Do you need to pay taxes on the loan forgiveness? Episode resources
2020-05-2517 minBusiness Strategy for CPA's086 Secrets of Shifting to vCFO Services, with Jody Grunden, Co-Founder and CEO of Summit CPA GroupGet your FREE 7 Pricing Essentials for CPAs and EAs here:https://geraldinecarter.com/7My guest today is Jody Grunden, Co-Founder and CEO of Summit CPA Group, the leading provider of Virtual CFO Services in North America. Jody is passionate about changing the way people think about accounting. As the author of Digital Dollars and Cents, Jody literally wrote the book on helping digital companies create a financial roadmap to success. Summit CPA offers virtual CFO, Controller, and transaction-level services remotely and at scale. I wanted to have Jod...
2020-05-2037 minCreative Agency Success ShowHiring Assessments with Zach MontroyQuote“We are trying to learn about a candidate, know how they are going to fit into the culture, and know how they are going to do the job in a very small amount of time.” - Zach The finer details of this episode How Summit CPA has struggled in the past with hiring The hiring assessments that Zach introduced to Summit CPA Why Emotional Intelligence is such an important factor in a potential employee How the EQ assessment works and how to read the results The Kolbe assessment and how to use it in...
2020-05-1926 minThe Modern CPA Success ShowBest Books to Make You a Better CFOQuote“It’s impossible to have all these experiences yourself, so you get that from reading books.” - Adam Hale The finer details of this episode How The E-Myth Revisited laid the framework that Jody used to set up Summit CPAHow Getting Things Done can help accountants and CFOs stay organized and on top of their workHow Summit CPA uses The 4 Disciplines of ExecutionTips for how you can develop strong reading habits Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netThe E-Myth Rev...
2020-05-1222 minThe Modern CPA Success ShowUsing JetPack Workflow for project management with David CristelloQuote“Project management tools are built for a defined sprint of work, but there is a big gap in recurring client management tools.” - David Cristello The finer details of this episode David’s background and how he started JetPack WorkflowWhy JetPack Workflow is a valuable project management tool for CPA firmsHow to set up JetPack Workflow in your firmWhen a firm begins to migrate into JetPack WorkflowWhy JetPack Workflow is more effective than other project management toolsHow JetPack Workflow has moved the needle on Summit CPA’s gross profitThe best way for smalle...
2020-04-2736 minThe Modern CPA Success ShowPPP vs EIDLQuote“For the clients that are really hit hard, if they are completely shut down, the Employee Retention Credit might be a good move for them.” - Adam Hale The finer details of this episode Should you apply for the PPP or EIDL?What you can do for businesses that are shut down for the foreseeable futureYour responsibility as a CPA in this crisisHow we are approaching COVID-19 with our clientsForecasting tips to help clients work through the near future Episode resourcesSummit CPA website - www.summitcpa.netEmail...
2020-04-1525 minCreative Agency Success ShowUsing A Forecast for GrowthQuote“You are not trying to just increase your top-line revenue. Your bottom line needs to be increasing too.” - Jody Grunden The finer details of this episode How Summit CPA used forecasting to help a client double their revenue What part of your business to work on in order to create growth Determining if you have the capacity to grow the way you want to The “Four Levers of Growth” that you need to cover in your growth plan How to manage a distributed team as your firm gets bigger Getting your team excit...
2020-04-0636 minThe Modern CPA Success ShowHow to Help Your Clients Through Difficult TimesQuote“Times are different now with COVID-19, but these are conversations we need to have when the economy is doing really well.” - Adam Hale The finer details of this episode What conversations you want to be having with your clients during difficult timesHow to approach making a plan with your clients to get them back on trackHow to have difficult conversations with clientsWhy weekly meetings with a CFO can help businesses survive a rough patchTalking through layoffs, furlows, and pay cuts with your clientsWhat you can do for your clients during the COV...
2020-03-3026 minThe Modern CPA Success ShowDistributed Working ModelsQuote“Creating a dedicated space for your work is one of the most essential things you can do when working from home.” - Adam Hale The finer details of this episode How Summit CPA became a virtual company Work from home tips from the Summit CPA team Perks of working from home Our favorite tools for working onlineHow this can actually be a blessing in disguise for your company How to support yourself and your coworkers through this quarantine period How virtual teams can support business growth even better than in-person teams Epi...
2020-03-2031 minCreative Agency Success ShowDistributed Working ModelsQuote“Creating a dedicated space for your work is one of the most essential things you can do when working from home.” - Adam Hale The finer details of this episode How Summit CPA became a virtual companyWork from home tips from the Summit CPA teamPerks of working from homeOur favorite tools for working onlineHow this can actually be a blessing in disguise for your companyHow to support yourself and your coworkers through this quarantine periodHow virtual teams can support business growth even better than in-person teams Episode resourcesSummit...
2020-03-2030 minThe Modern CPA Success ShowOnboarding A New ClientQuote“Every good client relationship we’ve had with Summit CPA started out positive from the very beginning.” - Adam Hale The finer details of this episode How Summit CPA approaches the onboarding processWhy we have a team designated for onboarding new clients (and why we charge extra fees)The keys to a successful onboarding processExpectations we always set with our clientsBest practices for communicating with clientsWho is involved in onboarding? What are the roles to fill?How long onboarding takes for us and what the timeline looks like Episode re...
2020-03-1631 minThe Modern CPA Success ShowStructuring client meetings for successQuote“You don’t need a silver bullet every time you meet with your client” - Jamie Nau The finer details of this episode How to prepare yourself and your client for your meetings How Summit CPA has done this in the past and how we do it now The core meetings that you need to have with your client Conversations that are important to have in your meetings How to decide and communicate who should be in each meeting What the meetings look like for each service your CPA firm offers How long your m...
2020-03-0227 minThe Modern CPA Success ShowMarketing Your CPA FirmQuote“The marketing for Summit CPA is focused on building relationships. ” - Kelly Schuknecht The finer details of this episode How to choose which priorities to focus on when marketing your CPA firmWhy good marketing is education-based and why you shouldn’t be afraid to “give out too much information”How to determine if a marketing tactic is effective or notHow to leverage the different social media platforms for brand awarenessLeveraging the team at your CPA firm for a strong marketing strategyHow to choose the right tools for marketing your businessTools we use at Summi...
2020-02-1726 minCreative Agency Success ShowCreating Recurring Revenue StreamsQuote“When you have a lot of recurring revenue, you are able to increase your capacity for more projects and take more risks.” - Adam Hale The finer details of this episode How Summit CPA started with recurring revenue streams How the subscription based model solved many of the problems we faced early on in business Different ways that marketing firms can take advantage of the recurring revenue model Key things to remember when setting up recurring revenue in your business How recurring revenue enhances your cash flow and allows you to take more r...
2020-02-1025 minThe Modern CPA Success ShowThe Virtual CFO ProcessQuote“If you really want to grow your firm and scale your practice, you have to have a process.” - Adam Hale The finer details of this episode What it was like in the early days of Summit CPAHow Summit CPA uses the 80/20 rule to embrace creativity with clients while also keeping solid systems behind the scenesTools we use to standardize our systemsWhat our processes look like at Summit CPAHow creating videos is the best way to standardize processesHow to standardize meetings without being too rigidHow standardizing and recording systems helps in onboardi...
2020-02-0330 minThe Modern CPA Success ShowTax Integration with Virtual CFO ServicesQuote“Taxes are a natural fit with any kind of CPA services you provide.” - Adam Hale The finer details of this episode How the tax services fit in with the other Virtual CFO services at Summit CPAWhy we don’t lead with tax servicesWhy CPA firms should departmentalize their tax workWhy taxes should be a small part of your CPA firmThe tax strategy we use with our Virtual CFO clientsHow we are going to continue to improve our tax services in the futureWhy doing taxes for Virtual CPA clients improves th...
2020-01-2125 minCreative Agency Success ShowForecasting: How to do it rightQuote“Forecasting gives us the opportunity to reroute, so we can stay on track with the goal.” - Adam Hale The finer details of this episode The difference between budgeting, forecasting, and resourcingHow Summit CPA began to implement forecasting with our clientsHow far ahead you should look when forecastingHow forecasting can help you reach your long-term goalsHow to create a forecast for your businessThe importance of separating out your expenses in forecastsThe best time of year to put together a forecast for your business Episode resourcesSummit CPA website...
2020-01-1531 minThe Modern CPA Success ShowTips for Selling Virtual CFO Services“For us, it’s about a long-term relationship. It’s about being a part of our client’s business for years to come, not just about cranking out one tax return.” - Adam Hale The finer details of this episode How we sell our services through education.Why you should give away as much information as possible to your client base.How to position yourself as the subject matter expert.Why finding a niche is valuable.What to consider when choosing your ideal client.What the Summit CPA sales process looks like.How Summit C...
2020-01-0630 minThe Modern CPA Success ShowHow accounting firms can keep up with technology“One of our strengths as a firm is that we are not afraid to move on to the next best software.” - Jamie Nau The finer details of this episode The different types of software that Jake and Adam learned about at Live 360, an IT conference they attended in Orlando.The software programs that Adam and Jake want to bring to the firm to upgrade how things work on the back end.The advantages of the Microsoft platform and what they think it will bring into the workspace.The advantage of Sharepoint and wh...
2019-12-3119 minThe Modern CPA Success ShowWhy hiring is SO important“We’re not just looking to hire someone with an accounting degree. Customer interaction is very important to us.” - Zach Montroy The finer details of this episode The Summit CPA hiring process.Are passionate people driving HR?Culture, values, and EQi.The tough questions Summit asks in the interview process.How Summit CPA’s leadership team is involved in the process.Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net
2019-12-1226 minThe Modern CPA Success ShowBecoming the firm of the future“They don’t feel like they have to guess while they grow. There’s a concrete plan.” - Jake GrimmThe finer details of this episodeWhy Adam thinks Summit is the firm of today.What Summit CPA is doing with tech to be efficient.How to save 30 minutes a week per clientThe keys to evaluating tech tools.The Summit CPA tech stack.The power of forecasting.Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netBill.com - https://www.bill.comExpensify - https://www.expensify.comDiviPay - https...
2019-11-2827 minThe Modern CPA Success ShowHow we built our team using a distributed model“If they’re not willing to get on camera, then they likely won’t be a good prospect.” - Jody GrundenThe finer details of this episodeWhat is a distributed model and terms used to describe it.How Summit CPA became distributed.The logistics of working from home.The tools used to support a distributed model.Why in-person events are important.Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netSococo
2019-11-1926 minThe Modern CPA Success ShowHow we bootstrapped the firm of the future“If we want to make an impact in the industry, if we want to change the way everyone is thinking, then we have to get our peers to do the same.” - Adam Hale The finer details of this episode Jody and Adam share how they got into the accounting industryWhat Jody wanted to differently when starting Summit CPAMoving from an hourly model to value-based pricing and achieving a negative ARThe type of services that Summit CPA provides to clientsHow Summit CPA helps accountants go virtualWhat role does core values play in the organizationEpisode resour...
2019-10-2229 minCreative Agency Success ShowThe Summit CPA Backstory“The strategy, speaking with the clients weekly and making sure they have enough cash in the bank to survive the next eight weeks or 12 months, that’s really the differentiator and why we’ve grown so fast.”- Jody GrundenThe finer details of this episode How Jody and Adam started their careers in accountingWhat was Jody's philosophy when starting Summit CPA GroupHow to value clients and build long term relationships with themFix-priced billing vs. billing per hour: how to price the clients in the right wayThe difference between VCFO and fractional CFO servicesSummit CPA group...
2019-09-3028 min