today's features

don’t confuse marketing with a true growth strategy

practice growth is a delicate balance of art, science, intuition and diligence. one thing it isn’t, however, is marketing.

by gale crosley
crosley+company

marketing can be a powerful lever to fuel business expansion. but alone, it will not take you where you want to go. marketing helps till the soil of growth. at the end of the day, however, tilled soil with no seeds taking root is pretty much a useless pile of dirt.

well-intentioned firms often invest a great deal of money in marketing and wonder why it doesn’t result in growth. one reason is that what they’re really spending on is unrelated marketing activities (or tactics) rather than on growth strategies.

it’s an essential distinction that can make all the difference in your efforts.

in this report:

  • the three elements at the foundation of growth strategies
  • three steps to create a comprehensive strategy

recommended reading:

read more →

the hot new tech product for automated data entry

 

by sandi smith leyva
accountant’s accelerator

imagine that a new client comes to you with “the dreaded shoebox” of bank reconciliations, receipts and bills. the client is a year or so behind, and you are hired to get him caught up. do you take that client, knowing you’ll be swamped doing data entry for weeks at a low hourly rate?

more at 卡塔尔世界杯常规比赛时间 for soloists and small firms:  five value-add service areas to take you beyond bookkeeping  |  six money-making strategies to take you beyond quickbooks   | proactive ways to get more referrals   |  the three biggest money leaks in your practice   |  new client opportunities with mobile apps   |  six questions to launch your summer 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 read more →

hire experienced people, or train them yourself?

how to invest your mentoring time where it matters most.

question: we were looking for an additional experienced person since september and hired someone with five years experience in mid-november, but she said she couldn’t start until january.  she said she had work she had to finish up.  two days before christmas she called to tell me her firm made her a “better” offer and she decided to stay there. it meant we had to enter busy season short a person.  this seems to happen a lot.  what do you suggest? read more →

how to attract new clients – 50 tips in 50 minutes

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register today

get ready for a content-packed webinar filled with proven strategies to grow your practice! rick telberg, ceo of www.g005e.com, shares his insights on what’s working in today’s most successful tax and accounting practices. learn how to build your referral network, land new clients, and retain high-margin accounts using social media, e-newsletters, and digital marketing. – presented by rick telberg, 卡塔尔世界杯常规比赛时间

july 10, 2013 – 2:00pm edt

the expert webinar series | accountantsworld.com
cpe credits awarded: 1 | course level: basic. no prerequisites

 

 

so, you think you’re a whiz at excel?

can you do this..?

tatsuo-horiuchi-1
“cherry blossoms at jogo castle” (2006)

or this…?

tatsuo-horiuchi-2
“kegon falls” (2007)

tatsuo horiuchi: the 73-year old excel spreadsheet artist

“i never used excel at work but i saw other people making pretty graphs and thought, ‘i could probably draw with that,’” says 73-year-old tatsuo horiuchi. about 13 years ago, shortly before retiring, horiuchi decided he needed a new challenge in his life. so, according to the japanese art and design journal spoon-tamago, he bought a computer and began experimenting with excel.

horiuchi-tatsuo-ph2_px420

“graphics software is expensive but excel comes pre-installed in most computers,” explained horiuchi. “and it has more functions and is easier to use than microsoft paint.” horiuchi also tried working with microsoft word but it didn’t offer the flexibility that excel did.

horiuchi-tatsuo-ph1_px420

horiuchi first gained attention when, in 2006, he entered an excel autoshape art contest. his work, which was far superior to the other entries, blew the judges away. horiuchi took first place and went on to create work that has been acquired by his local gunma museum of art.

don’t believe these were made in excel?

you can even download the excel file and play around with it yourself: read more →

partner succession: it’s all about client transition and retention

by gary adamson, cpa
adamson advisory

cpa firms are wrestling their way through partner retirements and the accompanying succession issues in numbers that the profession has never seen before. it’s the baby boomer bubble, up close and personal.

our succession planning should focus on replacing that retiring partner’s contribution on several fronts. depending on the role of the retiring partner in the firm we will experience varying levels of pain surrounding things like replacing significant knowledge or technical expertise, back-filling a block of hours to get the work done and shoring up voids left in firm leadership. these are all significant issues and deserve a plan of their own.

but the biggie  is the transition of client relationships. read more →

the debilitating effects of denial at accounting firms

patrick j. mckenna
patrick j. mckenna

and four other hurdles today’s accounting firms must overcome.

by patrick j. mckenna
professional services firm consultant and author

many firms are in denial, and the few that aren’t move very slowly.

if your firm gets caught behind the curve, it wasn’t because critical trends weren’t visible; it was because they were ignored. the huge challenge remains that for too many firms, unless there is acute “pain,” there is little incentive to change. history proves that laggards only grab for the new once they are totally convinced the old doesn’t work anymore.

adapted from the introduction to “how to engage partners in the firm’s future: the secrets every leader needs to know,”
by august j. aquila and robert j. lees

and the old doesn’t work anymore!

when does a firm’s strategy change? usually only in response to a crisis or because of the initiative of a new managing partner. in many firms we have a generation of stewards rather than entrepreneurs.

read more →

five value-add service areas to take you beyond bookkeeping

by sandi smith, cpa
accountant’s accelerator

every business needs to do some level of bookkeeping for a couple of reasons:

1) various government agencies require reporting and payments based on the company’s results.

2) the owner needs a certain amount of information to manage their business and keep it profitable.

many business owners hire us grudgingly for compliance work because they have to. and they consider what they pay us as an overhead expense that is a required cost.

but what if we could turn that perception around?

more at 卡塔尔世界杯常规比赛时间 for soloists and small firms:  six money-making strategies to take you beyond quickbooks   | proactive ways to get more referrals   |  the three biggest money leaks in your practice   |  new client opportunities with mobile apps   |  six questions to launch your summer 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

here are five areas to consider offering beyond bookkeeping that will help your clients see you as a good investment rather than as an expense. read more →