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PRICE WARS: How to Command Higher Fees, Without Going To Battle With Your Clients 1 Credit

PRICE WARS: How to Command Higher Fees, Without Going To Battle With Your Clients 1 Credit

  • Rating

    4.5
  • Reviewed on

    December, 2023
  • Subject Area

    Business Mgmnt and Org

Learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • To explain the importance of positioning your services along the value curve to impact pricing.
  • To analyze effective strategies for client conversations that focus on the transformational value you provide, rather than the services you offer.
  • To explore the benefits of implementing a value-based billing model and how it can lead to increased profitability, reduced accounts receivable, and consistent cash flow.
  • To gain insights into the accountant success formula and its three keys to achieving higher prices, happier clients, and more free time.

Course Overview

Are you tired of the constant struggle to maintain profitability while navigating the competitive landscape of accounting? In a world where price wars seem inevitable, the ability to command higher prices without jeopardizing client relationships is a skill every accounting professional should master. Join us for an enlightening conference session with Erik Solbakken, CPA, as he unveils effective strategies that will transform your approach to pricing and client engagement.

In this CPE session, Erik will guide you through proven methods to break free from the cycle of price sensitivity. Learn how to position your accounting services in a way that emphasizes value rather than engaging in a race to the bottom. Discover the art of fostering impactful client conversations that communicate the unique benefits you offer, while ensuring transparency and trust in the process.

Furthermore, delves into the implementation of a value-based billing model, a key driver for sustainable profitability. By shifting the focus from hourly rates to the value you deliver, you can reshape client perceptions and create a win-win scenario for both you and your clients. This CPE Business Management course goes beyond theoretical concepts and provides actionable insights that can immediately be applied to your accounting practice.

Don't miss this opportunity to gain a competitive edge in the market, elevate your pricing strategy, and build enduring client partnerships. Enroll now to uncover the blueprint for commanding higher prices without resorting to price wars, and unlock the potential for a more prosperous and fulfilling accounting practice.

  • 1 CPE Credit of Business Mgmnt and Org for Certified Public Accountants (CPA-US)
  • 1 General Credit of Business Mgmnt and Org for Accountant/Bookkeeper/Tax Professionals
  • 1 CPD Credit of Business Mgmnt and Org for CPA in Canada
  • 1 CPE Credit of Business Mgmnt and Org for Certified Management Accountants (CMA)
  • 1 PDU Credit of Business Accumen for Project Management Professional (PMP)
  • 1 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 1 CPD Credit for Chartered Accountant - ICAEW
  • 1 CPE Credit of Business Mgmnt and Org for Iowa Licensed Public Accountant (IA-LPA)
  • 1 CPE Credit of Business Mgmnt and Org for Maine Licensed Public Accountant (ME-LPA)
  • 1 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 1 CPD Credit for Chartered Accountants - Scotland
  • 1 CPD Credit for CPA - Ireland
  • 1 CPE Credit of Business Mgmnt and Org for Delaware Licensed Public Accountant (DE-LPA)

Additional Information

Credits

1

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Enhance Your Expertise with Erik Solbakken's CPE Courses.
Erik Solbakken

President, Accountant Success Formula™

  • 4.5
  • rating
  • rating
  • rating
  • rating
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My name is Erik Solbakken and I'm a CPA, Author, Speaker, Business Advisor, and Creator of the Accountant Success Formula™. I worked in public practice for over 26 years, providing accounting, tax, and advisory services to incorporated business owners and their families.

So....I understand the challenges of running an accounting practice.

I discovered a business MODEL that was so effective that it allowed me to triple my net income without working a single hour of overtime.  I now share this MODEL with other accountants in my coaching program...the Accountant Success Formula™.

You can make an incredible INCOME, attract ideal CLIENTS and reclaim free TIME so you can live the life you deserve:

  • I know this may sound like an "infomercial" but it is all 100% TRUE
  • I'm a CPA and I did it in my own practice
  • I know you can do it too:

Make More Money: Stop chasing clients for invoices and maximize your fees.  Charge what you’re worth and make an incredible INCOME.

Attract Ideal Clients: Attract your ideal CLIENTS who value you and will happily pay premium prices for your services.  Selectively choose the clients you engage with and spend time on only the business activities you enjoy.

Create a Life of Freedom: Grow a profitable practice while creating a work/life balance that supports what you want to do. Reclaim TIME for your hobbies, travel, and being with your loved ones.


On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

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EC

Esther Coy, CPA (US)

Value pricing —- great concept. Erik’s presentation provided substantive insight on the value pricing model. Thank you for offering the course.

MM

Masood Mahmood, CPA in Canada

I learned a lot from this course. It gives me a very clear direction on how to do a better offering for my clients

Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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