“Offset account… loan limit minus what you've got in your offset account… $500,000 loan, $100,000 in savings… charged interest on $400,000”
PN
Pat Noll
Equity Mates Investing Podcast ·
Dave Ebdon · The Quiet Operator · From Zero Clients to a Thriving Accounting Practice - Dave Ebdon S2 E3 - The Quiet Operator
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Charges clients $80-$100 per month for cloud accounting software (Xero/Myob) and argues it saves enough time to justify the cost
$80 a month software, $30-$40 a month alternatives
“Offset account… loan limit minus what you've got in your offset account… $500,000 loan, $100,000 in savings… charged interest on $400,000”
“Xero did this in the accounting space by building web-based bookkeeping software when QuickBooks was still trying to make the change from desktop to the web.”
“Even if you say eight to 12 times a month, you post, get you two qualified leads. If you doubled that, you could get four, which means you convert one, one client per month.”
“We used to spend 80% of our time getting ready for the 20% of the time we were actually with our clients, that needs to flip. And 20% needs to be prep. 80% needs to be with the clients”
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