Want to be a top 20% accounting firm? Here’s the blueprint
6 February 2025
The highest-performing accounting practices aren’t just profitable—they dominate the industry with smarter pricing, stronger client retention, and efficient operations.
Are you hitting these benchmarks?
- 40-50% net profit margin
- $200K+ revenue per employee
- $1M+ revenue per partner
- 10-20% annual revenue growth
- $350-$500+ hourly rate for senior staff
- 95%+ client retention (client satisfaction = loyalty)
- 80-90% of staff hours are billable
- 90-98% realisation rate (top-tier client management)
- 95-98% collection rates (strong invoicing processes)
- < 10% staff turnover (because top firms invest in their people)
- 80%+ of revenue from recurring clients
- < 30 days accounts receivable turnover
- 70-90% adoption of cloud-based automation
- $1,000 – $5,000 client acquisition cost
- $20K – $50K+ average client lifetime value
Are you above or below these numbers?
Find out where you stand with our free benchmark report! Request yours here.
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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2