Stephen Reed was promoted to Partner on January 1, 2011. Steve is a 1985 graduate of Anderson University. He joined the firm in 1990 as a staff accountant and then was promoted to manager in 2000. Steve will be overseeing quality control in financial statement preparation, as well as individual and small business tax preparation and small business advisory services. When Steve is not in the office he enjoys golf, softball, Nascar and is an active member of Kingsway Christian Church. Steve has been married to his wife Marcie for 24 years and has two lovely daughters.
Professional Services Firms Are Replacing Billable Hours with Value-Based Pricing
Key Takeaways Hourly billing rewards time, not results. The traditional billable hour model creates a misalignment between client and firm. Clients want efficiency, but firms earn more when work takes longer. That tension is prompting a shift toward alternative fee...