Redefining Your Value: Lessons from Bench’s Unexpected Closure (Wheel of Rants)

The sudden shutdown of Bench Accounting in December 2024 left 11,000 business owners without access to their financial data, highlighting the risks of venture-backed automated bookkeeping services. Hosts Alicia Katz Pollock and Veronica Wasek discuss how this pivotal moment presents an opportunity for professional bookkeepers to showcase their value through personalized service, deep expertise, and genuine commitment to client success. They explore how independent bookkeepers can differentiate themselves from automated services while maintaining sustainable pricing models and building lasting client relationships.SponsorsBluevine - https://uqb.promo/bluevine Settle - https://uqb.promo/settleTeamUp - https://uqb.promo/teamupSend your Questions/Comments (we could read/answer them on air) [email protected]/Apps Mentioned in this episode:Year-end Cleanup and Tax Prep: http://royl.ws/yearend Converting from QBDT to QBO: http://royl.ws/QBDT2QBOIntro to Bookkeeping and Accounting class on Feb 18: https://royl.ws/intro-to-accounting-for-small-businessQBO’s Banking Center on March 4: http://royl.ws/QuickBooks-Online-Bankinghttps://5mbAcademy.comhttps://5MinuteBookkeeping.comhttps://5MBvideo.comhttps://mavency.com/Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding