Courtesy of Emsco Solutions

http://www.ITGuideforOKCCPAs.com

Prices for Oklahoma City

CPA Services

Sponsored by http://www.ITGuideforOKCCPAs.com

While it’s hard to argue

that there is a ‘best’ way

to go about pricing services, Kenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

CPAs should be open to the

idea of trying different pricing

structuresKenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Types of Pricing

Kenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Several of the most

popular methods for pricing

Oklahoma City CPA services

are as follows:Kenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Hourly Services -

Kenny KellerCTO

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Hourly billing ensures

that the CPA is properly

compensated for

all of their workKenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

This method of pricing can

make certain clients nervous,Kenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

as they may be worried

by any ambiguity around

the time it takes to complete

a particular serviceKenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Fixed Fee Pricing -

Kenny KellerCTO

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Fixed fees have the benefit

of being more predictable

than hourly ratesKenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

On the downside, inaccurate

estimates can lead to revenue

lossKenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Value Pricing -

Kenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

This involves billing the client

based on the level of value

provided by the services that

are renderedKenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Value pricing aligns the goals

of the client with the CPA, Kenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

provides the opportunity to

exceed client’s expectations,Kenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

and maximizes the price

leverage of the CPA firmKenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Competitive Pricing -

Kenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

This is the process of setting

one’s prices based on the

pricing of competitorsKenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

If a firm competes on pricing,

it will need more clients in

order to cover expenses and

generate a profitKenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Taking on too many clients

can also leave CPAs

overworked and stressed outKenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Setting Prices

Kenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

The price of a service

can also depend on the

experience level of the CPA,

the complexity of the service, Kenny KellerCTO

Sponsored by http://www.ITGuideforOKCCPAs.com

and the type of services

chosen by the clientKenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

What kind of pricing structure

does your Oklahoma CPA firm

use?Kenny Keller

CTO

Sponsored by http://www.ITGuideforOKCCPAs.com

Let us know your thoughts

in the Comments box belowKenny Keller

CTO

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