Accounting Practice Management

Risk Management in the Cannabis Industry: The Role of Insurance

Do We Need a Marketing Plan?

Does 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.

Attrition Costs More Than You Think!

Attrition 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.

ADA Compliant Websites - Why Should I Care?

How to Fire a Client

No 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.

Overcoming Inertia with Your Practice

Inertia 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.

Starting Your Own CPA Firm

If you have kicked around the idea of starting your own accounting practice and think you are ready, then this article is for you.

The 3-Step Rule to Happy Accounting Clients

Without 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.

Improving Client Retention: Pick up the Phone

When 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.

What is Payment by eCheck (ACH)?

Most businesses and consumers in the U.S. have made some sort of ACH transaction, even if they didn't know.

Why Do Accountants Get Paid Last?

The 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?

4 Things Accountants Should Do After Tax Season

Post-tax season is the ideal time to find ways to solidify existing client relationships and build new ones through digital marketing and social media.

Tax Season Survival Tips for Accountants

Tax 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.

How Short-Staffed Accounting Firms Can Use Technology to Save Time

Accounting 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.

Simplify Your Life BEFORE Tax Season

You 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.

Improving Your Accounting Firm's Profitability

Many 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.

Entering the Virtualization Era

In 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.

Delegating Responsibility for Accountants

Delegation 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.

What Do Your Clients Think of Your Practice?

If you don't conduct client satisfaction surveys, you don't really know your organization's strengths, weaknesses or opportunities to improve.

Putting a Practice Up for Sale

If a consolidator was prepared to purchase your firm today at a price slightly above market, would you be ready to sell?

Accounting Firms Should Treat Profit Centers Differently Than Cost Centers

Profit 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.