
Monday Feb 17, 2025
50. Why Your Firm Needs a Private Equity Mindset (Even If You’re Staying Independent)
Doug and Dan dive into the idea of running your firm with a private equity mindset—not because you’re looking to sell, but because it’s the best way to build a profitable, sustainable business. With private equity firms rapidly acquiring accounting firms, those who want to remain independent need to think and operate like an investor.
In this episode, they discuss:
- What a private equity mindset actually means for accountants
- Why firms that embrace efficiency, profitability, and advisory services will thrive
- The dangers of running a firm without a strategy (aka saying yes to everything and hoping for the best)
- How small firms can take lessons from PE-backed firms—without the outside investors
Whether you're looking to scale, maximize profitability, or just run a better firm, adopting this mindset will set you up for success.
👉 Tune in and start thinking like an investor in your own business.
🔗 Download our free resource on Value-Based Pricing here: www.thepracticingaccountant.com/VBP
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