strategy

three must-have checklists for your practice

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checklists work for astronauts. why not accountants?

by sandi smith leyva
accountant’s accelerator

airplane pilots and astronauts have checklists for just about everything they do.  checklists promote performance consistency, make it easier to learn new procedures and increase safety exponentially.  in accounting, we can learn from the airline industry and apply checklists to certain areas of our practices in order to reap similar benefits.   here are three areas of your accounting practice that can benefit from checklists: read more →

getting new clients and leveraging technology top list of accountants’ plans

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top 5

survey shows new sense of confidence – and urgency.

get more updates: join the survey; get the results.

by rick telberg
卡塔尔世界杯常规比赛时间

tax and accounting professionals are hoping to make 2014 the year of working smarter, instead of harder, according to a new 卡塔尔世界杯常规比赛时间 survey.

in general, the goals and objectives as described by more than 200 accountants suggest a new surge of confidence in their business and in their clients’ businesses, and a new sense of urgency in upgrading their practices or moving on.

the survey is part of a 卡塔尔世界杯常规比赛时间 project, now in its eighth year, tracking the shifts in strategy and objectives in the profession. it measures sentiment on 21 or more strategies and tactics, and goals and ambitions across firms of all sizes nationwide. read more →

3 steps to business clarity amid the sea change in accounting

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by sandi smith leyva, cpa
accountant’s accelerator

with 2014 upon us, it’s a good time to take stock of where we stand for the year, plus regroup as needed before the busy season begins. with so many changes in software, politics, tax laws and global standards, it’s pretty easy to feel a little disorganized.

here are three steps to help us take stock of our foundational business goals, re-evaluate our big picture and get us centered as we enter this new phase. read more →

expand your vision and expand your business

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make the leap from accountant to consultant.

by gale crosley
crosley co.

admit it. you’re good at what you do. your clients trust your proven ability to help improve their businesses. perhaps it’s time to take the step of enlarging your vision of yourself from accountant to consultant.

read more →

five resolutions for the run-up to busy season 2014

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by sandi smith, cpa
accountant’s accelerator

i’ve worked with a lot of accountants who do not realize how valuable their skills are in the marketplace.  most people can’t do what we do with numbers.  we need to shake any self-limiting beliefs we have in this area because it limits our ability to serve more clients.

if you were making resolutions for the accounting industry, what would you suggest? the first resolution i’d make is: read more →

3 steps to business clarity amid the sea change in accounting

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by sandi smith leyva, cpa
accountant’s accelerator

with labor day closing in, it’s a good time to take stock of where we stand for the year, plus re-group as needed before the 2014 busy season is upon us.  with so many changes in software, politics, tax laws, and global standards, it’s pretty easy to feel a little disorganized.

more for soloists and small firms:  the five essential skills accountants need today  | the seven essential components of a simple marketing plan for accountants  | take six big steps to go beyond compliance services     |     when your business needs to be rebooted  |   two steps to easy cross-sells   |   the hot new tech product for automated data entry   |   five value-add service areas to take you beyond bookkeeping   |   six money-making strategies to take you beyond quickbooks   |   proactive ways to get more referrals   |   the three biggest money leaks in your practice   |   new client opportunities with mobile apps   |   six questions to launch your summer strategy sessions   |   what most accountants miss in the five simple steps to get more clients   |   accountants, do you know your opportunity number? | five ideas to reduce client price-sensitivity | rise to the top with a fresh elevator speech | four ways to practice entrepreneurial perseverance | 5 mistakes to avoid when seeking new clients  | the top 12 business card blunders accountants make | seven tips to keep the clients you have | how to attract clients like a magnet | eleven easy ways to deliver more value to clients

here are three steps to help us take stock of our foundational business goals, re-evaluate our big picture, and get us centered as we enter the next quarter. read more →

when your business needs to be rebooted

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four steps when things aren’t turning out the way you dreamed.

by sandi smith, cpa
accountant’s accelerator

how does your current business look compared to the one you dreamed about before you started your entrepreneurial journey? do you now have clients you love, a dream team, the financial rewards you are comfortable with, and plenty of free time?

more for soloists and small firms:   two steps to easy cross-sells   |   the hot new tech product for automated data entry   |   five value-add service areas to take you beyond bookkeeping   |   six money-making strategies to take you beyond quickbooks   |   proactive ways to get more referrals   |   the three biggest money leaks in your practice   |   new client opportunities with mobile apps   |   six questions to launch your summer strategy sessions   |   what most accountants miss in the five simple steps to get more clients   |   accountants, do you know your opportunity number? | five ideas to reduce client price-sensitivity | rise to the top with a fresh elevator speech | four ways to practice entrepreneurial perseverance | 5 mistakes to avoid when seeking new clients  | the top 12 business card blunders accountants make | seven tips to keep the clients you have | how to attract clients like a magnet | eleven easy ways to deliver more value to clients

if not, don’t give up. you can still get there, and a little business clarity may help you get there even faster.

here are four steps: read more →

why good accounting firms make bad decisions

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the dysfunctional partner team and three ways to get them back on track.

you’ve tried management by committee. and by now, you know it doesn’t work. in a new analysis of cpa firm management practices, marc rosenberg finds, “management by committee rarely works.”

there must be a better way. and, yes, there are a few. here is a five-point spectrum of approaches that firms use to make decisions. one of them may work for your firm.

read more →

12 must-do items for your partner retreat agenda

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august aquila
august aquila, ceo of aquila global advisors

and 12 retreat topic no-no’s.

by august aquila
author of “leadership at its strongest”

the purpose of the retreat should be clearly thought out early in the year. articulate one or two goals for the retreat. you need to be very specific as to what you want to accomplish. for example, the purpose of the retreat is to develop a succession plan for the firm. you many not know exactly what it will look like, but you know what the end product of the retreat will be.

if you cannot do this, don’t hold the meeting. ask yourself this one question: “what would happen if we did not hold this retreat?” if the answer is “nothing,” you’ll know what to do.

retreat topic no-no’s

let’s look at common retreat topics that should not be discussed at a retreat. you may or not agree with the list, but i urge you to strike the following items from your retreat agendas. read more →