Building and Maintaining a Strong Brand
October 24, 2017
Scott Dine
Partner + Technical Director
3 min read
Building and Maintaining a Strong Brand
Building and Maintaining a Strong Brand
How strong is your brand?
Most CPA firms don’t have a strong brand that accurately reflects the quality of their service. They may work hard every day to protect and grow their reputation and improve the quality of their service. But time and again, they lose potential prospects to competitors who fail to provide the same level of expertise or who offer a lower overall quality of service.
So what are the smaller firms missing? In most cases, they aren’t missing many competencies. The problem is almost always one of perception. Your brand is how you are perceived by your clients, employees, and prospects. Your brand isn’t only your logo and letterhead. It is also your reputation, your people, your experience, and your expertise. You’ve spent years and countless dollars developing these cores of your business and building a core of satisfied customers. Your brand should be opening doors for your professionals. It should be setting the stage for their contacts in the community. It should establish you as the expert in your area of service before you even say a word.
- Market your strengths
Build your reputation around your unique skills to attract the clients you can best serve. - Have a strong and consistent identity
Your corporate identity should be recognizable and present the right image of your firm. - Bring value
Be proactive in bringing ideas and information to your clients and prospects. - Always attach your firm’s identity to the value you bring!
Every time! This ensures that the value you bring strengthens your brand. - Be Active!
Local media sources are always looking for subject matter experts. Your CPA firm can find opportunities all around to establish its expertise.
You won’t build your brand overnight, but putting some thought behind your brand and how it should represent your firm will pay dividends in the long run. Who knows? Maybe one day you’ll make a mistake, and your client will overlook it for fear that you will drop them! Then you’ll know just how strong your brand really is.
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