Practice Management Archive

5 Efficiency Tips for Busy Accounting Firms

We asked our General Manager – the most productive person we know – how we could be more like her. Here are some top tips on accounting-firm efficiency:

1. Try...

Key insights – 2018 Good Bad Ugly Succession Poll

The 2018 Good Bad Ugly Succession poll provided useful information regarding the current status and future succession plans of Australian accounting firms. The key insights include:

  1. A transformation is happening...

The Top 10 Apps To Market Your Accounting Practice

When it comes to marketing your accounting firm, many accountants resort to the same old techniques that have been mainstays for decades, such as advertising in the phone book...

We asked 20 accounting firms what stopped them from outsourcing – Here’s the results…

Busy, overworked and under pressure- if this sounds like your accounting practice you’re not alone!

Increasing work pressure is the usual trigger for accountants to look into outsourcing, add to...

Making Business Life Better For Australian Accounting Firms and Their Clients

It’s a changing landscape, mobile use is soaring and Apps have now become the number one tool we use. What’s more, with so much innovation occurring in Australia around...

Win! Win! Win!

There are tremendous opportunities for accountants and business advisors if you make a positive commitment to offer a broader range of commercial services to your SME clients in 2018.

WIN!...

The Marriage from Hell

It all seemed perfect at the time. Documents signed and together we go blissfully off into the future. Yet sometimes, as little as a few months later, the wheels...

“I’ll be back”. Why Artificial Intelligence (AI) is fast becoming the Terminator of Accounting

When Arnold Schwarzenegger first immortalized those words as an AI machine from the future, who would have thought that the accounting industry at large would be affected, and yet...

The value of bookkeeping and different models for delivering it

As an accounting firm coach I speak with a lot of accounting firm owners and managers. I’ve noticed that a very common topic of discussion is bookkeeping. Why? I...

Building your Advisory Practice by creating a One Page Exit Plan© for clients

The best way to motivate business owners and sell your accounting firm’s advisory services is to keep it simple! Provide your clients with thought provoking analysis, questions and templates.

Try...

Beat Burnout- How to get more done when you just can’t stop…

Are you working around the clock and wondering how to get your life back?

Every accounting practice is looking for that “quick fix” solution to being overworked. But when you’re...

Are You at Risk? New Australian Data Breach Law – February 2018

Does your business hold sensitive data about customers or clients?

On February 22nd 2018, Australia implemented mandatory data breach notification laws. As a business owner you need to know how...

Client retention following M&A

Client retention and growth is more often than not the key objective of M&A deals within the accounting and financial advisory sectors. There’s real opportunity to be gained from...

The Proactive Manager – Focus on Compliance or Advice?

As accounting firms move from a dominant focus on compliance in the work they do with clients to a focus on both compliance and advisory skills, the role of...

Get ready for changes to casual and part-time entitlements

Changes to overtime rates and shift entitlements for casual and part-time employees covered by some Modern Awards will come into operation on 1 January 2018 and take effect from...

2017 Good Bad Ugly vs Australian Financial Review Top 100 Results

Over the recent break, I received a handful of emails from clients curious as to how the Australian Financial Review Top 100 results compared to the Good Bad Ugly...

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