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management

the three biggest money leaks in your practice

sandi smith leyva
sandi smith leyva

start with a clean spreadsheet.

by sandi smith, cpa
accountant’s accelerator

there are dozens (and maybe hundreds) of ways your practice can leak money. here are three ideas that are fairly simple to implement and may be some great goals for you to consider.

more for soloists and small firms: new client opportunities with mobile apps  /  six questions to launch your strategy sessions  /  what most accountants miss in the five simple steps to get more clients  /  10 ways to add a “money maker” hour to your day  /  11 sources of wealth we can celebrate  /  nine value-adds to command a higher fee  /  how to design your business around your strengths  /  how to make it easy for clients to hire you   /  12 fast, low-cost tips for a stress-less practice  

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outlook & analysis

six questions to launch your summer strategy sessions

the end of tax season makes a wonderful time to gain the genius of hindsight before the memories fade.

to create your very own business season-in-review, ask yourself these five questions and prepare your answers thoughtfully.

  1. what were your major accomplishments for the season?
  2. what were you most proud of?
  3. what was your biggest lesson?
  4. what person in your life was most helpful or motivating for you?
  5. is there a negative person in your life you need to spend less time with?
  6. how will you celebrate or reward yourself?

– sandi smith, cpa

growth strategies

10 ways to add a “money maker” hour to your day

simple easy activities to boost your business.

by sandi smith, cpa
accountant’s accelerator

every working day, we’re all slammed with hundreds of things to do. we might need to occasionally slow down and ask ourselves whether we are working on the most profitable things we could for our business. are we constantly fighting fires, dealing with urgent but not important client matters and neglecting the things that could grow our business?

here’s how to move off this treadmill to create a “money maker hour” in your business: read more →

outlook & analysis

11 sources of wealth we can celebrate

by sandi smith, cpa
accountant’s accelerator

we all have far more sources of wealth available to us in addition to the assets we normally count as financial wealth. a great skill to add to our tool box is that of resourcefulness. learning and practicing being resourceful has always come in handy for me while traveling, working, and making changes in my life.

as you go through the list, take an inventory and make a list of all of the resources you have available to you in one form or fashion. by the end of the article, you might be amazed at how wealthy you really are.

  1. your financial wealth is measured in currency. this includes cash, all bank accounts, retirement accounts, annuities, stocks, bonds, commodities, and other market investments.
  2. your property wealth includes real estate and personal property such as furniture, dishes, clothes, jewelry, and a car.
  3. your wealth of abilities, experience, education, and skills provides you with a livelihood and is what you can trade others for other categories of wealth. read more →
outlook & analysis

nine value-adds to command a higher fee

by sandi smith, cpa
accountant’s accelerator

want to charge more for your services?

one way is to offer clients more value. your fees and your value to the client should go hand in hand.

sandi smith

more for soloists and small firms: accountants, do you know your opportunity number? • five ideas to reduce client price-sensitivity • rise to the top with a fresh elevator speech • four ways to practice entrepreneurial perseverance • 5 mistakes to avoid when seeking new clients • the top 12 business card blunders accountants make • seven tips to keep the clients you have • how to attract clients like a magnet • eleven easy ways to deliver more value to clients •

here are nine ideas to increase your value to your clients:

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