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4 Things Accountants Should Do After Tax Season
Accounting Practice ManagementPost-tax season is the ideal time to find ways to solidify existing client relationships and build new ones through digital marketing and social media.
Hugh Duffy
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Tax Season Survival Tips for Accountants
Accounting Practice ManagementTax season does not need to be a traumatic experience for accountants! We’ve created a list of the 4 best survival tips to reduce stress and be successful.
Hugh Duffy
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How Short-Staffed Accounting Firms Can Use Technology to Save Time
Accounting Practice ManagementAccounting firms can leverage online tools and automate as many of these processes as possible. Get ideas on how to use technology to optimize your time.
Hugh Duffy
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Simplify Your Life BEFORE Tax Season
Accounting Practice ManagementYou don't want to wait until your in the thick of tax season to think about how you can simplify. Take the time to simplify your life now to improve your productivity and provide peace of mind.
admin
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What They Don't Teach Accountants
Accounting Practice ManagementThese days, the cost of securing an accounting degree is rather exorbitant. Well over $100,000 at most private colleges. And lots of hard work to boot.
admin
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Improving Your Accounting Firm's Profitability
Accounting Practice ManagementMany accounting firms are reporting profitability levels that are at best stagnant. Does this mean that your accounting practice needs to be a low margin business? Absolutely not.
admin
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Entering the Virtualization Era
Accounting Practice ManagementIn the last 10 years, most accounting firms have invested in technology to improve workflow efficiencies from integrated software suites to document management systems. Though a positive progression, many have yet to evolve to the next phase of the technology continuum the Virtualization Era.
admin
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Delegating Responsibility for Accountants
Accounting Practice ManagementDelegation may be the best time-management tool and is key to a successful organization. As you've probably noticed by now, YOU can't do everything.
admin
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What Do Your Clients Think of Your Practice?
Accounting Practice ManagementIf you don't conduct client satisfaction surveys, you don't really know your organization's strengths, weaknesses or opportunities to improve.
admin
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Attrition Costs More Than You Think!
Accounting Practice ManagementAttrition is costing your firm much more than you realize and is easy to rationalize as a cost of doing business. Read this article for some principles that will help improve your firm profitability.
admin
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Do We Need a Marketing Plan?
Accounting Practice ManagementDoes your accounting firm need a marketing plan? What a silly question, right? Of course, the answer is YES. A marketing plan is the roadmap for achieving your business goals.
admin
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How to Fire a Client
Accounting Practice ManagementNo matter the size of the firm, there are going to be some tough decisions to make along the way - and one of the most difficult is firing a client. We no longer live in a environment in which the only repercussions might be the initial awkward conversation when the firing occurs.
admin
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Why Do Accountants Get Paid Last?
Accounting Practice ManagementThe relationship between the professional service provider and client is built on trust, respect and timeliness, yet why do so many CPAs and accountants have a seemingly difficult time asking for, and receiving, payment for their own services?
Randy Soto
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What is Payment by eCheck (ACH)?
Accounting Practice ManagementMost businesses and consumers in the U.S. have made some sort of ACH transaction, even if they didn't know.
Randy Soto
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Putting a Practice Up for Sale
Accounting Practice ManagementIf a consolidator was prepared to purchase your firm today at a price slightly above market, would you be ready to sell?
Randy Soto
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Improving Client Retention: Pick up the Phone
Accounting Practice ManagementWhen was the last time you called a client just to find out what's new or different? Accountants in small firms should pay more attention to the frequency of contact and the way they interface with clients.
admin
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The 3-Step Rule to Happy Accounting Clients
Accounting Practice ManagementWithout trust, the client will always doubt whether the accountant is making the kinds of business decisions that bring him or her the most benefit possible.
admin
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Starting Your Own CPA Firm
Accounting Practice ManagementIf you have kicked around the idea of starting your own accounting practice and think you are ready, then this article is for you.
Randy Soto
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Overcoming Inertia with Your Practice
Accounting Practice ManagementInertia can settle into many parts of our daily life and requires a major effort to change the direction. This includes everything from your diet to exercise regiment to your business routine.
Randy Soto
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Accounting Firms Should Treat Profit Centers Differently Than Cost Centers
Accounting Practice ManagementProfit centers are parts of a company that generates revenue in excess of its expenses. Usually, profit centers are separated for accounting purposes so that management can monitor how much profit each center contributes to the overall organization.
Randy Soto
