Category: Business
The Trouble With Debt
The three ways accountants can get in trouble with debt financing their practice are: Using short term debt to make long term investments. Doing ...
Funding Established & Expanding Practices
Established practices have less funding needs than new practices as they are well established and producing ongoing revenue that covers the practice costs and ...
Funding New Accounting Practices
Accounting practices, like all businesses, require funding to start, operate, and grow. The funding requirements of practices vary depending upon whether they are a ...
Service Guarantee
The 18th century entrepreneur Josiah Wedgewood pioneered the satisfaction-or-money-back guarantee as a marketing strategy on the entire range of his pottery products. He took ...
Introducing New Services to Existing Clients
This strategy is about creating new services that you can provide to your existing client base. It is similar to the low hanging fruit ...
Selling Existing Services to Existing Clients
For a practice wanting to achieve organic growth this strategy is best described as ‘low hanging fruit’. It is simply about ensuring that every ...
The Effect of a Good Office on Productivity
Productivity studies show that the most significant factor in determining an employee’s ability to focus is their physical environment. A well-designed office can increase ...
Value Adding Software Tools
Value adding software tools include modules on budgeting, scenario planning, business planning, valuations, profit improvement, tax planning, risk management, etc. There are an almost ...
Software Tools for Accountants
We purchase tools to make a job quicker, easier, and ensure it’s completed to a high standard. This is the case whether buying tools ...
Strategic pricing
Pricing is the process whereby a business sets the price at which it will sell its products and services. In setting prices, the business ...