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Posts by Tracy James

Five Practice Growth Standards

By Tracy James | December 2, 2015
gold silver standards

Accounting practices, like all businesses, need to continually grow total fees each year to grow profits.

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Is Bitcoin Right for Your Business

By Tracy James | November 25, 2015
Bitcoins

Should you be accepting payment of Bitcoin for your goods or services?

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What Is the True Value of a Client

By Tracy James | November 18, 2015
Customer Value

Have you really considered the true value of a client?

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8 Reasons to Choose an Appropriate Business Structure

By Tracy James | November 11, 2015
business structure

One of the most important choices you make when starting a new business, is the type of legal structure you select for your business.

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An Overview of the Australian Tax Profession

By Tracy James | November 4, 2015
Australian Taxation Profession

The accounting and tax market in Australia is massive with over 17 billion of revenue for the year ended 30th June 2015.

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How Often Should You Stay in Touch with Your Clients?

By Tracy James | October 28, 2015
client contact

All accountants should be in contact with their clients a minimum of 12 times per year.

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Tax Practice vs BAS Practice vs Bookkeeping Practice

By Tracy James | October 21, 2015
business accounting services

Generally tax practices have much higher levels of fee income and owner profits than BAS practices and bookkeeping practices.

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Four Pathways to Your Own Accounting Practice

By Tracy James | October 14, 2015
pathway to success

Essentially to own and operate your own accounting practice requires two things; experience and a client base.

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Accounting Practice Acquisitions | Purchasing Clients to Speed Growth

By Tracy James | October 7, 2015
purchasing clients

It is possible to expand business rapidly if you have extra funds or can borrow/finance a ‘fee parcel purchase’ or ‘practice acquisition’.

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The ATO Director Penalty Regime

By Tracy James | September 30, 2015
ATO Director penalty regime

Under the ATO Director Penalty Regime, directors have a legal responsibility to ensure that the company meets its PAYG withholding and superannuation guarantee charge obligations.

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