Our profession is evolving. Now is the time to future-proof your firm and your career. Leverage business advisory services to create new revenue streams and join us as we take you through what business advisory services are. Transform your practice by offering client-centered services becoming their MOST trusted business advisor.
John Mannick introduces business advisory services, a holistic approach to working with clients that includes client advisory services. He emphasizes the importance of understanding the differences between client advisory and business advisory, emphasizing that business advisory focuses on long-term relationships with clients, setting goals and working towards them, while consulting focuses on solving specific problems within the organization. He highlights the benefits of adding business advisory to CPA firms, such as enhanced perception of value and higher rates than traditional compliance services. The team discusses the need for a repeatable process for implementing client advisory, focusing on open conversations with key leadership and prioritizing actionable steps. They also explore the potential for using dashboards and AI analytics to improve performance review and improve financial and non-financial metrics for clients. Discussion Leader: John Minnich