People Archive

Potential of All-Female Companies Under-estimated

Former public company director, Andrew Geddes, is hopeful the recent $3-million capital-raise by the women’s ride-sharing company, Shebah, will encourage more female-owned companies to begin using Crowd Sourced Funding...

Work From Home – An Evolving Choice for Accounting Firms

In the past 12 months, I’ve observed an increasing trend for the leaders of accounting firms to give their staff the option to work from home as part of...

Single Touch Payroll – Employee Fact Sheet

Single Touch Payroll (STP) changes the way businesses report their employees’ tax and superannuation information to the Australian Taxation Office (ATO). It is important that your employees understand the...

How to take your staff on the outsourcing Journey…

When an accounting practice takes the plunge into outsourcing compliance tasks, it can cause fear among existing staff who question the future (and safety) of their roles.

Resistance to change...

Finding Opportunities for Your Clients Through Segmentation

Anyone offering Business Advice to their clients should have a fundamental understanding of strategic planning.

Market segmentation is a very important concept in business planning. Basically, it involves breaking up...

What is the true cost of outsourcing?

If you have considered outsourcing, you have probably wondered about the real cost savings your practice can make.

At Connect we understand that our clients need to be sure that...

After M&A, don’t let ‘Us vs Them’ thinking ruin the business

Our recent M&A Pulse Report focusing on accounting and financial advisory firms identified some major challenges with integration following acquisition of firms. Around 60% of firm leaders said that...

It’s 2019, let’s boost customer service as the Japanese do

Every year my family and I go to Japan. It is our home away home or, as one family member puts it, our home away from home-home. I...

Are we heading for a massive shortage of top quality, qualified accountants?

I regularly hear from accounting firm owners and managers of the difficulty of finding and retaining high quality qualified accountants. And in a recent global survey completed by IFAC,...

Is Your Firm Committed To Supplying Advisory Services?

If so, have you claimed Crowd Sourced Funding Advisory Services as one of your specialities?  If you have… congratulations, but not many accountancy firms have done this, at this...

Why Cybersecurity Should be a Personal Responsibility

The Road to Security Starts with a Personal Obligation

Whenever we receive phishing or unsolicited mails or are attacked by a malware, we are quick to blame everyone else, including...

New revenue ideas for accounting firms in 2019

As the cost of doing business rises and AI and increasingly complex data systems remove much of the manual work associated with filing taxes, accountants are finding their profits...

How to Attract and Retain Great Accounting Staff

The accounting industry has been dealing with a talent shortage over the last five years, mainly driven by technological changes. Accounting roles are changing from hard technical skills...

How to add 20% to your practice value – the hook

What would you do if your new financial year started with one of your key staff walking out the door with $200,000 of your fees? Wouldn’t happen? I have...

The Secret Sauce To Retaining Your Clients…

Are you keeping in touch with your clients and offering more than compliance services?

Most clients change accountants because they feel their current accountant doesn’t care about their business. WHY?

Most...

The Seduction of Growth (gurus)

Are you being seduced by a GROWTH story that could harm your firm?

Have you noticed how many growth gurus there are these days. You know the ones, good-looking, silver...

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