173 Growing a Profitable Remote CFO Accounting Firm (feat. Jody Grunden, CPA)

Accounting High: Sophomore Year

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Episode 173

FACULTY: Jody Grunden

CLASS: #GuidePosts

TITLE: Growing a Profitable Remote CFO Accounting Firm (feat. Jody Grunden, CPA)

In this podcast episode, Scott interviews Jody Grunden, CPA, co-founder of Summit CPA Group and author of two books, to discuss various topics related to running an accounting practice and building virtual CFO services, dressing "professionally", and niching down.

Introduction and an update on recent developments since the last interview.
The origin story of Jody’s Hawaiian shirts
Scott shares his similar wardrobe story
Discussing the evolution of “professional attire” in the accounting profession
Exploring the benefits and challenges of running a remote accounting firm
The importance of finding a niche and specializing in the industry
Creating CFOs from accountants within the firm and the training and development process
Utilizing retreats and building a strong company community
Addressing the resistance to change in the accounting industry and the need for adaptation
Insights into the day-to-day operations and growth goals at Summit CPA Group
Scott and Jody discuss the acquisition of cloud firms, venture capital, and private equity

Shout Outs:

Tommy Bahama, Accounting Salon, Kenji Kuramoto, AICPA, Karbon, Dave Barrett, Matthew May, Acuity

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