tips    Page 6

Tag: tips

new services

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 ...
good office

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 ...
strategic pricing

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 ...
KPI

Accounting Practices KPI’s

An accounting practice’s key performance indicators (KPIs) are the set of quantifiable measures that are used to gauge or compare performance in terms of ...
Working Capital Management

Working Capital Management

Working capital management involves ensuring a practice has positive working capital so it is able to continue its operations and have sufficient funds to ...

Practice Sin 7 – Poor Time Management

Principals often spend too much time on activities that have no value. The Pareto analysis can be applied to time management. This is the ...
Failure to change

Practice Sin 4 – Failing to Change  

As the business environment changes, practice owners must change. The ‘old’ ways of doing things must be changed when technology makes the new ways ...
accounting hobby

Practice Sin 3 – Operating the Practice Like a Hobby or Vocation, not a Business

Operating an accounting practice can be very personally rewarding and satisfying as principals have the freedom of being their own boss plus the satisfaction ...
Training and development

Practice Sin 2 – Underinvesting in Personal Professional Development & Training

Too many practice principals do not take the advice of Stephen Covey (Seven Habits of Highly Successful People) and spend the time to ‘sharpen ...
Sturgeon

Sturgeon’s 10% of Practices

If a Purple Cow practice is not achievable, then being part of Sturgeon’s 10% of practices would still be a worthy goal. This would ...