hate meeting people? try improv (no joke)

ed mendlowitz cpa the practice doctor q and atwo must-read books on communication and networking.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i am a very good accountant but have problems when i speak with people i meet whom i do not know. do you have tips for me?

more practice doctor q&a: everyone needs strategic planning | help clients, increase revenue: make sure everyone on staff knows your firm’s full menu of services | i made partner, now what? | 19 ways to stop wasting reviewer time | how to sell your practice | why gross is the method for pricing a practice | no go on pro bono | when a client balks at necessary work | how to advise an executor | why your clients need annual minutes – and how you can help | 14 ways to use timesheet data | why more firms are trashing timesheets | how much overhead is too much?

answer: there are many ways to break the ice when you meet new people that i could share with you, but i just read a book about that so will recommend it to you and will now provide a brief summary of the book.
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why credentials are worthwhile

ed mendlowitz cpa the practice doctor q and aadmission to tax court is just one example.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i appreciate your offer to help me pass the test to become admitted to the u.s. tax court. i question whether it is worth the effort. can you enlighten me?

more practice doctor q&a: everyone needs strategic planning | help clients, increase revenue: make sure everyone on staff knows your firm’s full menu of services | how to sell your practice | when a client balks at necessary work | 14 ways to use timesheet data | why more firms are trashing timesheets | how much overhead is too much? | when partners stop growing | clear billing procedures make collecting easier | there’s more to growth than marketing | how to make staff a team again

answer: what is the value of any credential?  if you don’t use it, or did not earn it, or will not promote it, you might not realize or feel any value, so perhaps you should not make the effort.
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9 key elements for growth, success

five office workers use ladder and one person's shoulders to direct long red arrow to trend upwardput them to work for you.

by ed mendlowitz
tax season opportunity guide

what is needed for growth and success?

more on tax season: six directions for your life and your business | how to think like an entrepreneur | 40 other services your tax clients should know about | eliminate tax season excuses | 16 qualities of a good tax season client | small tax season leaks can cause great damage | when ‘quick and easy’ tax season research isn’t | 11 clear client instructions to make your tax season easier | have fun this tax season

all these elements are essential:
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everyone needs strategic planning

ed mendlowitz cpa the practice doctor q and a7 main areas, with specific tips for each.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: do you recommend strategic planning for a small accounting practice?

more practice doctor q&a for pro members (go pro here): help clients, increase revenue: make sure everyone on staff knows your firm’s full menu of services | i made partner, now what? | how to sell your practice | when a client balks at necessary work | 14 ways to use timesheet data | how to make staff a team again | it’s not sales. it’s your duty | how to notify clients of a partner’s retirement | closed for tax season? looks that way | is joint representation a conflict? | lowballing and why it (usually) doesn’t work | what goes in a client’s permanent file?

answer: i recommend it for everyone. it is important for larger firms to make sure the partners are on the same page.
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six directions for your life and your business

attractive young woman drawing a picture portrait sketch of herselfit’s time to choose.

by ed mendlowitz
tax season opportunity guide

is your practice satisfying?

more on tax season: how to think like an entrepreneur | imagine starting with a clean slate | two questions to ask yourself – before clients or staff do | 40 other services your tax clients should know about | eliminate tax season excuses | 16 qualities of a good tax season client | 5 ways thorough beats sloppy in tax season | when ‘quick and easy’ tax season research isn’t | consistency simplifies tax season

do you like it the way it is, or do you want it to develop and grow? some people like the way things are and don’t care about change.
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how to think like an entrepreneur

young black woman sitting in front of laptop looking thoughtfulask yourself these questions.

by ed mendlowitz
tax season opportunity guide

accountants and tax practitioners are entrepreneurs. this means their practice needs to be run as a business with sound business decisions being made.

more on tax season: imagine starting with a clean slate | know your value | 41 checkpoints for business tax returns | 40 other services your tax clients should know about | top 12 tax return preparation errors

these decisions need to be made in the context of

  • growing the business,
  • adding processes and controls and
  • making greater profit

1. do you consider yourself an entrepreneur? read more →

imagine starting with a clean slate

clean slate with three pieces of colored chalkare you there yet?

by ed mendlowitz
tax season opportunity guide

we all get caught up with what we do. sometimes so much that we lose sight of what we are doing and the purpose.

more on tax season: know your value | beware the opportunity graveyard | 21 reasons why tax clients switch firms | top 12 tax return preparation errors | 8 ways to delight tax season clients | small tax season leaks can cause great damage | 5 personal touches for tax season | how to get paid faster this tax season

also, work happens. many of us start out with lofty plans that go astray as the practice develops. many things cause it – clients we get, availability or lack of availability of the right staff, how we choose to learn or not learn new things, and even where we locate.
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help clients, increase revenue: make sure everyone on staff knows your firm’s full menu of services

maybe they’ll be so interested they’ll want to learn that work.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: we have around 30 full-time staff, and most of them graduated less than three years ago.

more practice doctor q&a: i made partner, now what? | 19 ways to stop wasting reviewer time | why your clients need annual minutes – and how you can help | how much overhead is too much? | there’s more to growth than marketing | how to make annual staff evaluations work | are you managing knowledge or wasting it? | how to notify clients of a partner’s retirement | 7 ways to lose a client’s trust

how can we let them know more about the services our cpa firm provides so they can help sell our services?
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know your value

handshake3 questions to ask.

by ed mendlowitz
tax season opportunity guide

know your value to your clients. better, understand your business and what you really do and what you add to the client’s life.

more on tax season: beware the opportunity graveyard | two questions to ask yourself – before clients or staff do | 41 checkpoints for business tax returns | recognize your tax season resources | 40 other services your tax clients should know about | eliminate tax season excuses

i had a group of gastroenterologists as clients who were going to get into a business of inserting a gastric bubble into people’s stomachs. there were a number of issues to this.
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i made partner, now what?

ed mendlowitz cpa the practice doctor q and a4 concrete tips for new partners… or new solo practitioners.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: a few months ago i became a partner in my firm but i don’t seem to know what to do as a “partner.”

more practice doctor q&a for pro members: 19 ways to stop wasting reviewer time | when a client balks at necessary work | 14 ways to use timesheet data | when partners stop growing | change your thinking about ‘small’ clients | are you managing knowledge or wasting it? | yes, you should send rejection letters | when to hire an admin assistant | how much should you pay to buy, sell or merge an accounting practice? 

nothing seems to have changed except my title and compensation arrangement, which hasn’t even started yet. do you have any suggestions of what i should do?
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beware the opportunity graveyard

"opportunity just ahead" road sign in deserthelp your clients, help yourself.

by ed mendlowitz
tax season opportunity guide

many opportunities only come along once. the way to be successful is to not let them pass by without acting on them or taking advantage of them.

more on tax season for pro members: two questions to ask yourself – before clients or staff do | 41 checkpoints for business tax returns | 21 reasons why tax clients switch firms | small tax season leaks can cause great damage | 5 personal touches for tax season | how to get paid faster this tax season

spotting opportunities is quite easy if you are looking for them – and extremely difficult if you don’t have a clue of client needs or wants.
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19 ways to stop wasting reviewer time

bonus: they improve the firm for everyone else, too.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: how much time should a reviewer spend on a return in relation to the preparer time? our reviewers spend .75 hour for each hour of preparer time.

more practice doctor q&a for pro members: how to sell your practice | no go on pro bono | how much overhead is too much? | why adopting new technologies is a must | closed for tax season? looks that way

answer: you are high and most firms i speak with are also high with an average time of about 24 minutes, or .4, hour.
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