Growth Almost Broke the Firm: Right-Sizing and More with Chad Davis
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Growth Almost Broke the Firm: Right-Sizing and More with Chad Davis
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Big thanks go out to Magnetic for backing The Unique CPA. Most AI tools only handle basic forms, but Magnetic prepares the entire 1040 with industry-leading form coverage, so your team just reviews and signs. MagneticTax.com.
Chad Davis helped build LiveCA to 120 people and then made the deliberate decision to cut it nearly in half. On Episode 257 of The Unique CPA, he tells Randy that at that size it wasn't enjoyable, and the math, modeled out on a road trip through the Italian countryside with his business partner Josh Zweig, pointed clearly to 60 as the number where profit, people, and sanity could actually coexist. That restructuring meant repricing every client, moving from value pricing to budgeted hours, and navigating the realities of headcount changes. Randy and Chad cover all of that, the AI tools accountants are trying through his AutomationTown community, the time-zone arbitrage of running a Canadian firm from Spain, and why changing people's mindsets inside a firm matters more than any efficiency gain the technology can deliver.
Get the full show notes and more resources at RandyCrabtree.com