Strategy for Scaling Your Business Efficiently

Are you looking to take your business to new heights? Join a panel of experts including Ryan Lazanis, CPA and Founder of Future Firm, as well as Ganesh Ranganathan, CEO of Integra Global Solutions, as they delve into the world of efficient business scaling strategies.

In this episode, you’ll cover:

• 03:12 - The challenges of scaling a professional services business: Ryan discusses the difficulties and common pitfalls of growing and scaling an accounting firm.
• 04:30 - The importance of systematizing the business: Ryan emphasizes the need to focus on systematizing the business to create a smoother operation and facilitate growth.
• 05:31 - Advice for starting a new accounting firm: Ryan provides advice for new accounting firm owners, highlighting the advantage of starting from scratch and the importance of systematizing services.
• 08:40 - The base service experience and package differentiation: Discussion on the different levels of service packages (bronze, silver, gold) and how to differentiate them based on client needs.
• 15:50 - Scaling operations and hiring considerations: Discussion on capacity planning, forecasting, and hiring strategies for scaling a firm's operations.
• 18:40 - Importance of technology in scaling a firm: Ryan talks about how technology plays a crucial role in scaling a firm and mentions the availability of various software solutions for different functions.
• 26:48 - Running a Systematic Business Model: Explanation of the approach of running a more systematic business model to work less and earn more, covering aspects like pricing, sales, marketing, capacity, talent, and processes.

Podcast Summary:

In this podcast episode, Ganesh Ranganathan discusses with Ryan Lazanis, an expert in scaling accounting firms. Ryan shares his experience starting an online accounting firm and the challenges he faced. He emphasizes the importance of systematizing the business to alleviate operational chaos and overwork.

Ryan provides advice for new accounting firm owners, including creating standard packages for clients and tapping into available resources to avoid common pitfalls. He discusses the importance of productizing services and pricing them correctly. Ryan also addresses the challenges of differentiation, pricing, and scaling operations. He shares his coaching approach and focuses on helping firm owners run a more systematic business model.

About our Guest:

Ryan Lazanis, CEO of Future Firm, is revolutionizing the way cloud-based accounting firms grow efficiently. With his innovative approach, he helps leaders scale their businesses while maintaining work-life balance. Raised by a print shop owner, Ryan's early adoption of paperless accounting shaped his forward-thinking vision for the industry. He's developed a growth model based on his experiences founding Xen Accounting, a Canadian cloud-based firm acquired by the Equiom Group in 2018.

About our Host:

Ganesh Ranganathan is the President and founder of Integra Global, a leading accounting outsourcing company. Ganesh is a seasoned executive with more than 25 years of experience in the accounting outsourcing industry.

Ganesh is committed to creating a supportive work environment that fosters creativity and innovation, and he is passionate about delivering exceptional customer service in the accounting industry.