What Are the 7 Strategic Planning Steps for Accounting Firms?
It is very important to note that strategic planning is a vital component of any organization including accounting firms. Every business requires a strategic plan suitable to its niche, and this makes Accounting firms such as TaxlinkCPA to remain relevant competitively secure clients and be sustainable in the long run. In this blog, I have chosen to discuss the seven strategic steps of strategic planning that is crucial for accounting firms. 1. Vision and Mission statement The first fundamental step in strategic planning therefore is to give a proper statement of what the firm wants to achieve and for what purpose it exists. Vision defines the position of your company in the future, and mission gives the idea of the organization and the service it delivers to its clients. For instance, at TaxlinkCPA, a vision may be to be the most appreciated accounting firm in Canada offering value added services to clients. Key Questions to Consider: What vision d...