Category: Practice Management

The Best Succession Plan is to Build a Better Accounting Practice
The easiest practices to sell, and the ones that get the best multiples, are the most focused and profitable practices. That statement is quite obvious, but it is often a...

What is the Ideal Accounting Practice?
What is the Ideal Accounting Practice? Sometimes thinking in a “pie-in-the-sky” fashion can be very beneficial. The key to thinking this way, is to dream far enough out into the...

What Do Your Clients Value?
What do your Clients Value? Interestingly enough, it’s not always what you think they value. To know for sure, all you have to do is ask. Here are some examples...

I Just Can’t Want to do That
I Just Can’t Want to do That From the mouths of babes…when our oldest son was just barely old enough to talk, he would respond to some of our requests...

What Does Your A/R Say About Your Accounting Practice?
What Does your A/R Say About your Accounting Practice? Smart buyers almost always look at A/R aging when completing their due diligence in a purchase. Personally, I would look at...

Podcast With Bill Sheridan – Social Media for Accountants
I recently reached out to Bill Sheridan to talk about social media for accountants. Bill is the creator and co-author of one of the “top accounting blogs” in the United...

Crunch Time is a Great Time to Think About Your Procrastinators
Are your late-filers always the same clients each year? Do these same people try to turn their procrastination/crisis into your problem…at the last possible minute? I hope you are taking...

Lessons From a Successful Accountant and an Investing Giant
I get the privilege of working with some really smart accountants…and I get to see their financial statements…so I get to see the results of their good decisions. I recently...
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