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An Accounting Firm’s Guide on How to Build and Grow a Client Base

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Part of running any successful accounting firm is steadily growing your client base while maintaining the existing ones. Numbers might be the language of business, but for a firm to stay afloat owners must also be able to play the role of a growth expert.
We understand that not everyone is a natural-born growth hacker, so we created this guide. Whether you’re a seasoned accounting firm owner or just starting, you can implement these effective strategies to attract new clients, retain existing ones, and position your firm for long-term success.

Define Your Ideal Client

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Before you begin attracting new clients, it’s essential to identify who your target clients are. Consider factors such as niche, industry, business size, and specific accounting needs. By narrowing your focus, you can tailor your marketing efforts and services to meet the needs of your ideal clients more effectively.

Create client personas of your ideal clients, including their challenges and needs. Identify common traits among your most successful client relationships to refine your target audience.

Unlock the Power of Networking and Referrals

Networking is still one of the top ways to increase customer base. Attend industry events, and check out accounting conferences you can potentially go to. Join professional associations like the Chamber of Commerce, and actively engage in your community. To find these communities, search on Facebook and LinkedIn and look for related groups.

Join a high-level, peer-led support and professional community, like the one Topfirm offers. Connect with successful accounting leaders and actively participate in discussions. Establish mutually beneficial relationships with complementary businesses that can refer clients to you.

Boost Your Digital Footprint

Joining industry-related Facebook groups and LinkedIn is a good start, now you must make sure that your website, and social media profiles—company and personal—are polished to the nines. Your online presence plays a vital role in attracting and converting potential clients.

Ensure your website is professional, easy to navigate, and optimised for search engines. Include clear CTAs and client testimonials. In addition, make sure to reduce the loading time as 40% of your visitors might leave after three seconds of loading time. Don’t forget to optimise it not just for desktop views, but also for other resolutions such as mobile and tablet views.

Nowadays people put a high value on authenticity and personalisation, so in addition to sharing valuable content on your company's social media profile, consider doing the same for your personal profile. Engage with your audience and showcase your expertise on the abovementioned platforms and other channels where your target audience is.

Another thing you can do to solidify your online presence is encourage satisfied clients to leave reviews on platforms such as Google Business Profile, Clutch, and other relevant review sites.

Pay Them Forward by Offering High-Value Content

Content marketing is an effective way to demonstrate your expertise and improve client growth. By providing valuable information, you can build trust and establish your firm as a thought leader in the accounting industry. Here are a few things you can do to get you started:

Start a blog – Share insights, tips, and industry news on your blog to attract and engage visitors.

Create Educational Resources – Develop whitepapers, playbooks, podcasts, and webinars on topics relevant to your target audience.

Email Marketing – Build an email list and send regular newsletters with helpful content and firm updates.

It’s important to understand that these efforts are just the tip of the iceberg, there are lot more valuable content that you can offer.

Keep Your Existing Clients Happy

Of course, let’s not forget the lifeblood that’s keeping your firm running. Retaining clients is as important as acquiring new ones. Delivering top-tier client service not only keeps your clients satisfied but also encourages them to advocate for your business and refer you to others.

Take the time to understand each client’s unique needs and tailor your services accordingly. Consider adding service offerings if needed. Moreover, keep your clients informed about their business’s financial health and any relevant changes in regulations or policies.

Lastly, let them know that you value their opinions and they’re being heard. Regularly ask for feedback to identify areas for improvement and put it into action.

Implement a Client Retention Strategy

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A client retention strategy ensures that your existing clients continue to use your firm year after year. Develop a loyalty program by offering discounts or additional services to long-term clients as a token of appreciation. Schedule periodic reviews with clients to discuss their financial goals and any new services they might need.

Invest in Firm Upgrades

Staying updated with the latest industry trends and continuously improving your and the team’s skills will make your firm more attractive to potential clients while reassuring existing ones that you’ll keep on delivering top-shelf services. You can do this by:

  1. Participating in events to learn about new accounting developments.
  2. Obtaining advanced certifications in specialised areas of accounting to enhance your credibility.
  3. Investing in staff training to ensure they keep providing high-quality service.
  4. Utilising the latest accounting technology and automation to optimise operations.
  5. Enlisting outsourced accountants to increase capacity and increase productivity.

Build a Healthy Client Base with TOA Global on the Assist

Building and expanding your client base as an accounting firm requires a strategic approach and a commitment to providing excellent service. By implementing the guide above you’ll understand how to generate new customers and keep the existing ones satisfied, achieving sustainable growth.

If you’re keen on growing your clientele, you’ll need reliable and high-calibre accountants, that’s where our Australian-trained outsourced accountants come in. Interested in partnering with TOA Global? Let’s schedule a meeting and explore working together!

Written by:
Content Writer

alecviray

Alec is a versatile content writer with years of experience in the accounting and financial services sector. His Psychology degree and strong content marketing, SEO, and blog writing background allow him to create engaging content that resonates with his target audience. Outside of work, Alec enjoys watching movies, TV shows, and anime and playing strategy-based RPG video games.