prices for oklahoma city cpa services (slideshare)

Courtesy of Emsco Solutions

http://www.ITGuideforOKCCPAs.com

Prices for Oklahoma City

CPA Services

http://www.itguideforokccpas.com/

Sponsored by http://www.ITGuideforOKCCPAs.com

While it’s hard to argue

that there is a ‘best’ way

to go about pricing services, Kenny Keller

CTO



CPAs should be open to the

idea of trying different pricing

structuresKenny Keller

CTO



Types of Pricing

Kenny KellerCTO



Several of the most

popular methods for pricing

Oklahoma City CPA services

are as follows:Kenny KellerCTO



Hourly Services -

Kenny KellerCTO



Hourly billing ensures

that the CPA is properly

compensated for

all of their workKenny KellerCTO



This method of pricing can

make certain clients nervous,Kenny Keller

CTO



as they may be worried

by any ambiguity around

the time it takes to complete

a particular serviceKenny KellerCTO



Fixed Fee Pricing -

Kenny KellerCTO



Fixed fees have the benefit

of being more predictable

than hourly ratesKenny Keller

CTO



On the downside, inaccurate

estimates can lead to revenue

lossKenny Keller

CTO



Value Pricing -

Kenny KellerCTO



This involves billing the client

based on the level of value

provided by the services that

are renderedKenny KellerCTO



Value pricing aligns the goals

of the client with the CPA, Kenny Keller

CTO



provides the opportunity to

exceed client’s expectations,Kenny Keller

CTO



and maximizes the price

leverage of the CPA firmKenny Keller

CTO



Competitive Pricing -

Kenny KellerCTO



This is the process of setting

one’s prices based on the

pricing of competitorsKenny Keller

CTO



If a firm competes on pricing,

it will need more clients in

order to cover expenses and

generate a profitKenny KellerCTO



Taking on too many clients

can also leave CPAs

overworked and stressed outKenny Keller

CTO



Setting Prices

Kenny KellerCTO



The price of a service

can also depend on the

experience level of the CPA,

the complexity of the service, Kenny KellerCTO



and the type of services

chosen by the clientKenny Keller

CTO



What kind of pricing structure

does your Oklahoma CPA firm

use?Kenny Keller

CTO



Let us know your thoughts

in the Comments box belowKenny Keller

CTO


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