203 Scaling a Million Dollar Practice (feat. Andrea MacDonald, CPA)

Accounting High: Sophomore Year

Episode 203

FACULTY: Andrea MacDonald, CPA

CLASS: #Shoperations

In this podcast episode, Scott interviews Andrea MacDonald, CPA, and CEO of Pro Tax & Accounting LLC. Andrea shares insights into her journey of starting and growing her accounting practice, highlighting key milestones, challenges, and successes along the way. From the inception of her practice to firm acquisitions and mergers, Andrea discusses her experiences in building and managing a successful accounting firm. The conversation also touches upon topics such as growth goals, hiring strategies, leveraging technology and community, cultivating positive habits, overcoming challenges, and future plans.

Shout Outs: Micheal Ly, Sharron at Pro Tax & Accounting LLC, QuickBooks, FreshBooks

Chapters:

01:23 Introducing Andrea

04:52 Starting Her Practice

07:42 Firm Stats in the Early Years

11:11 Firm Acquisition

12:20 Growth Goals

14:52 Handling a 1 Million Dollar Firm

16:59 Hiring Her Son

20:13 The Big Merger

23:48 Apps and Community

30:16 Positive Habits

32:36 Hard Times

35:04 What's Next for Andrea?

36:26 Parting Advice

37:11 Andrea Getting Out of the Way

Connect With Us On Linkedin!

Andrea MacDonald

https://www.linkedin.com/in/andrea-macdonald-cpa-ctc-4704042b/

Scotty OKR Scarano

https://www.linkedin.com/in/scottscarano/

Accounting High

https://www.linkedin.com/company/accounting-high/

https://www.accountinghigh.com/

Tags:

accounting career, firm growth, million-dollar practice, accounting acquisition, firm merger, accounting franchise, service-based businesses, profitability challenges, eos implementation, virtual team, bookkeeping management, family employees, accounting partnerships, app community, accounting conferences, public speaking, positive mindset, business pivots, vision planning, client delegation

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