I've been talking to CPA firms across the country about the direction of their firms. One theme that I find in common is that they expect to see strong growth in their Client Accounting and Advisory Services (CAAS) practices. In fact, most have established high goals of how much they expect to generate in CAAS revenue or how much they expect that practice to grow in 2024.
The challenge is, when you ask them how they expect to accomplish those goals, they don't often have clear answers. This response reminds me of a quote from James Clear's Atomic Habits which says,
"You don't rise to the level of your goals, you sink to the level of your systems."
Systems can involve a few different aspects of your practice. For instance, consider:
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