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McCormick CPA Firm - Coggle Diagram
McCormick CPA Firm
Why do I want to create a business?
Flexibility
Work a schedule that is convenient for myself and my clients
Can work with clients from different cities and be able to travel due to the flexibility of my schedule
Be able to choose my hours to have better work/life balance
Maximize wealth
Owning a majority of my own firm means keeping a majority of the income - or investing it back in to the firm
Bring in my own clients and provide services that will bring in more clients
Determine the fees that will maximize profit and gross margin
Independence
Being my own boss
Owning a majority share - means deciding what to do with a majority of income
Answer to no one - means not having anyone to second guess my decisions
Client Service
Work with clients and develop lasting professional relationships
Provide services that will help client's with their financial goals
Provide client service on their schedule
How will creating a business help me achieve my personal, professional and financial goals?
Personal Goals
Develop relationships
Professional relationships that last a ling time and branch in to new relationships
Word of mouth from client's help bring in more business
Have a healthy work/life balance
Choose the hours that I work
Take vacations on my own schedule
Maintain a healthy diet and workout regimen
Grow in knowledge
Continuing professional education
Staying up to date with accounting standards
Stay current on current events
Professional Goals
Provide clients with the highest quality of service
Help client's meet their financial goals
Provide a service that the client's can be proud of
Be there when the client is in need - timely service
Network
Grow my network
Develop professional contacts to help grow my business
Create a network not only for myself as a professional but for my firm
Continue to grow as a professional
Meet the quality of service expected of a CPA
Go to networking events and trainings
Do research
Financial Goals
Providing a comfortable life for my family
Bring in income that will help provide for my family
Work hard to bring in more clients
Hiring employees
Make enough income to hire employees
Provide my employees with a reasonable salary and benefits
Happy employees will bring in more clients and do quality work