How to Start an Advisory Business in an Economic Downturn

In times of economic uncertainty, clients crave certainty wherever it can be found – and clarityIn times of economic uncertainty, clients crave certainty wherever it can be found – and clarityin the absence of certainty. This is the time for your value to be re-established: not simply as theone who can do the rearview tasks that are required, but as the one who can help look forward tomaking the right decisions for the future of that business.

Whether you want to start an accounting advisory practice, or fine-tune your current advisoryWhether you want to start an accounting advisory practice, or fine-tune your current advisoryoffering, this is the definitive guide to help you make the shift into an advisory-centric approach tobecome the true trusted advisor your clients are seeking more than ever before. These guidelineswill help you launch your advisory practice whether you’re working from home or from a brick-and-mortar office.

You will learn:

  1. What accounting advisory is.
  2. The difference between consulting and an advisory service offering.
  3. Why you should offer accounting advisory services.
  4. How to tell if your CPA advisory work is at the core of your client relationships.
  5. How to start your advisory service practice.
  6. How to price your accounting advisory services.
  7. How to approach new clients with your advisory offering.
  8. How to transition existing clients into advisory-centric engagements.
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7 Actions Businesses Need to Take Now - Your Playbook as the Economy Reopens

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We’ve prepared a playbook to aid business leaders in taking decisive action and optimally positioning their organizations.

While no list can be comprehensive, NetSuite’s Brainyard research team has aggregated the questions being asked and steps being taken by the best run and most agile organizations. Grab a seat and enjoy.

Read Time: 7 minutes

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7 Actions Businesses Need to Take Now We break down the actions into the following areas:

  1. Business Model Assessment
  2. Financial Check
  3. Health/Safety/Legal
  4. Scenario Planning
  5. Customer Retention & Acquisition
  6. Packaging/Pricing/Payments
  7. Organizational Alignment
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The Current State of New Technology in Auditing

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Today, auditors are lessToday, auditors are lesslikely to be sorting through massive amounts of information manually and more likely to leverageinnovative ideas and cutting-edge technology that allows them to spend time focusing onnavigating client relationships.

In this white paper, we’ll take a look at current challenges affecting the profession, newIn this white paper, we’ll take a look at current challenges affecting the profession, new technologies entering the audit area, and how firms can move forward.

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Think back to the year 2000…

 RNContents

3 Think back to the year 2000…

4 Fact: It is the law to protect your clients’ data

5 The cost of a data breach

6 The Right Networks Six

9 So, how do you protect yourself, your business, and your clients?

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