This content was created by Mark Wickersham. This content was uploaded by Mark Wickersham. This is a YouTube video titled "Accountants and Bookkeepers: You Need to Increase Your Prices in 2025 đź’¸ #shorts" featuring Mark Wickersham discussing the importance of raising prices annually for accountants and bookkeepers to avoid overworking and undercharging, recorded on January 27, 2025.
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I know from talking to accountants and bookkeepers that still one of the biggest problems we have is that we are working too hard and not making the money that we want to make. And the root cause of that is pricing. We are still too cheap. Well, the solution is put your prices up with your existing clients and even those people listening who have done it in 2024. You have to, every year, every single year, you have to have a system, a. A process to put your prices up every single year. And I think we fear that. We fear those conversations because we worry about losing clients. But if you are working crazy hard, long hours, then you need to lose some clients. Particularly if you look at your client base and realize that there are some clients you just do not love working with. Life is too short to deal with people that we don't love. So there's probably clients that are just holding you back, that are draining your energy. You need to lose some clients, and you need to put your prices up.