Building Revenue per Professional Head (RPH) in a CPA Firm
by Bobby Riesterer | Jun 27, 2024 | Events, News
![Building Revenue per Professional Head (RPH) in a CPA Firm](https://blog.thinkvisionary.com/hubfs/RPH-Hub.jpg)
Accounting firms have long used benchmarking, but are they leveraging it to understand the drivers behind each metric? In our latest video, Bob and Doug Lewis present a session on the importance of Revenue per Professional Head (RPH) and how secondary metrics enhance a firm's value, culture, sustainability, and marketability.
This session guides leaders through the secondary metrics to monitor, how these metrics interact, and the levers to pull to achieve optimal outcomes. Firms can apply this strategy to drive growth, profitability, staff retention, and position themselves for M&A activity and succession.
Key Takeaways
- Awareness of the hierarchy and interaction of key metrics.
- Understanding actions needed by metric to increase outcomes.
- Creating a process to redefine firm operations and market approach.
- Steps to build optimal enterprise value.