crowdsourcing for accounting practices

going beyond outsourcing and virtual workers.

by sandi smith, cpa
accountant’s accelerator

the days are long gone when the only way to build your business was by hiring full-time employees. now there are so many more choices. many employees are interested in part-time work. some prefer to work virtually, which frees a company up from being limited to local talent. and then there’s crowdsourcing, a whole new way to tap into talented labor on a project-by-project basis.

crowdsourcing is a special way to outsource a task. with outsourcing, you know exactly who will be doing the task. with crowdsourcing, you don’t; people just show up and contribute. wikipedia calls it “distributed problem-solving.” read more →

the five essential skills accountants need today

above and beyond accounting, you need business know-how.

by sandi smith leyva, cpa
accountant’s accelerator

we’ve worked super-hard on gaining our accounting, tax, and auditing skills.  those skills alone will keep us working as employees for someone else, but what if we want to go out on our own or grow our business beyond what we have now?

more for soloists and small firms: the seven essential components of a simple marketing plan for accountants  | take six big steps to go beyond compliance services     |     when your business needs to be rebooted  |   two steps to easy cross-sells   |   the hot new tech product for automated data entry   |   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   |   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 five skills to consider adding to your toolbox so you can get ahead faster. how do you rate in each of these areas?

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 →

four untapped profit streams locked inside your practice management data

drew west
drew west

how to control costs, maximize profits, and focus on your real money-makers.

by drew west
deltek solution consultant
@deltekdrew

new services offerings or fee increases are obvious tactics for earning more – but service expansion brings with it more expense, and rate hikes risk client defection.

so what about other ways? why not reflect on a few ways to drive higher profits?

the answers are deep within – deep inside your firm’s practice-management systems. reflecting on all the engagement data in those systems might expose opportunities for greater efficiency, less risk, and more control – all drivers of higher profits.

so look to your practice management system to find four places where higher profits might be hiding. read more →

six money-making strategies to take you beyond quickbooks

how to give clients real solutions, options and opportunities they’ll love.

by sandi smith leyva, cpa
accountant’s accelerator

many accountants are quickbooks proadvisors who offer quickbooks consulting to their clients; you may be one of them.

more at 卡塔尔世界杯常规比赛时间 for soloists and small firms: 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 the opportunities i see to expand your client services in the area of quickbooks consulting, or for that matter, any accounting software consulting. read more →

will zero data entry end your tax practice?

five things you need to know and three things you need to do.

by frank stitely, cpa
stitely and karstetter 

get ready for a transformation in the tax business unlike anything we have experienced since turbotax.  the transformation will force many of your colleagues to sell, retire, or go out of business.  it will force many of your staff out of the profession.  it will change the way you serve clients.  and, it will either result in tremendous opportunity for you or end your practice.  this transformation is zero data entry.

more stitely: three trends that will transform your tax practice or eliminate it  |  value, billem & dunn: a value billing case study  |  why value billing won’t transform your life  |  the problem with frank stitely? we need more frank stitelys!  |  the problem with timesheets? not enough timesheets!   |  who’s missing in action from your workflow processing system?   |   how to make an extra $72,000 by working smarter read more →