CPAs are feeling pretty wiped out these days
If you talk to any accountant, you're likely to hear them saying things like, "I'm tired," "I haven't had a break," or "I'm concerned about my team." And it's not hard to see why.
Accountants are known for working long hours, especially during tax season, and the pressure to get things done can be intense.
But it's not just about tax season.
The truth is that accountants are often expected to work long hours throughout the year, and the stress can be relentless. In fact, burnout is a real issue in the accounting profession, and it can have serious consequences for both the individual and the company they work for.
Below is a link to a short and relevant article from the WSJ on burnout. Few take aways including a few ReNew additions:
· No meetings longer than 30 minutes.
· Celebrate mini wins. As CPAs we live in the gap of what needs to be done. Let’s take the time to celebrate small milestones along the way. Example, it’s not... just need to get through the 15th... it’s what are my wins for the day and celebrating them. Success is a series of mini wins.
· From the article… what are the 3 things I am NOT going to do between now and the end of the year.
These tips may seem small, but they can make a big difference when it comes to preventing burnout among CPAs.
Give them a try!
Taking Action:
If you're interested in more insights like these, consider signing up for our Renewsletter: https://www.renewgroup.com/newsletter. Alternatively, if you'd like to discuss your CPA firm's specific needs, feel free to schedule a call with us: https://www.renewgroup.com/contact.
About the Author:
Shannon Vincent has dedicated his entire career to working with accountants in various capacities. He has consulted with Top 100 firms to Sole Practitioners, helping them create sustainable and profitable businesses. A member of the California Society of CPAs, he received a Bachelor’s Degree in Economics with an emphasis in accounting from University of California, Santa Barbara, and now resides in the San Francisco Bay Area. Shannon is passionate about helping accountants avoid burnout and increase productivity.
About Renew Group:
Are you tired of being on the diet but not seeing results? Most consultants to the CPA Profession do lots of talking and deal in 'fluff'. But there's no accountability and no focus on RESULTS.
At Renew, we start with your numbers. Our firms complete a Pareto for Profit analysis EVERY YEAR, set new targets to improve their profitability and then 'weigh in' regularly. We give you a roadmap to transform the profitability of your accounting firm by accessing our content, collaborating with other firms on a similar path and being held accountable by our coaching team and your peers.
Get paid what you're worth, create a better life based on a scalable business model and eliminate tax season insanity once and for all!