Leverage of resources has never been a more important issue for accounting and financial advisory firms. The leaders of firms recognise the importance of providing clients with a stronger strategic and advisory focus. However, without effective leverage of both...
Practice Management
What’s happening in the profession in relation to practice management
Innovation Begins With Research And Development
by Peter Towers | Jul 14, 2015 | Featured Articles, Practice Management
Politicians tell us that innovation is important for the country. Indeed, innovation is very important. Most innovation projects commence with some initial Research and Development (R&D). Unfortunately, there are instances where an inventor or a product...
Are you famous for building value for clients?
by Peter Towers | Jul 14, 2015 | Featured Articles, Practice Management
Virtually every accountancy business in Australia does tax returns. Some firms claim to be “famous” for tax but how do you differentiate yourself in a crowded market place? The beginning of a new financial year is an appropriate time for an accountancy business to...
Our Man In Manila
by Andrea Ives | Jun 23, 2015 | Featured Articles, Practice Management
About a year ago, our advisor (yes we’re an advisory firm that has an advisor!) suggested that we should consider offshoring! It was a challenging suggestion as he wanted us to do something we hadn’t done before and that was to use a telemarketer. I was sceptical! Not...
Getting to Grips with Governance
by Peter Towers | Jun 23, 2015 | Featured Articles, Practice Management
Many of your clients operate companies. Do they understand the key governance issues relative to the operation of companies? This can include: Workplace Health and Safety (WHS) issues – is someone responsible for implementing appropriate procedures? Is the company...
Taking Business From Now To Next
by Steven Eager | Jun 23, 2015 | Featured Articles, Practice Management
The reality is that people, despite their best efforts, create mess and complexity across the various parts of their lives. Many attempt to ignore this mess, perhaps ignorant to the fact that, at some point, either they or somebody else will have to make sense of it...
Corporate Governance Training Funded By A Grant
by Peter Towers | Jun 23, 2015 | Featured Articles, Practice Management
I recently presented a training seminar, to a group of companies, on corporate governance, which was funded under the Business Growth Grant. All of the companies have turnovers in excess of $2M. They’re all gearing themselves up for new development opportunities....