{"id":25237,"date":"2012-12-18t22:14:17","date_gmt":"2012-12-19t03:14:17","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=25237"},"modified":"2024-08-14t09:31:08","modified_gmt":"2024-08-14t13:31:08","slug":"the-problem-with-timesheets-not-enough-timesheets","status":"publish","type":"post","link":"\/\/www.g005e.com\/2012\/12\/18\/the-problem-with-timesheets-not-enough-timesheets\/","title":{"rendered":"the problem with timesheets? not enough timesheets!"},"content":{"rendered":"

time tracking and the v.b.t. (value billing taliban)<\/strong><\/p>\n

by frank stitely, cpa<\/em>
\nstitely and karstetter<\/em>\u00a0<\/a><\/em><\/p>\n

i have long been a true believer in value billing.\u00a0 five times a day i kneel towards the east and pray, \u201ci am not selling time.\u00a0 i am selling expertise.\u201d\u00a0 however, i just can’t follow with the end of the prayer which goes, \u201ctime trackers are evil.\u00a0 we must stone them.\u201d \u00a0 time tracking is essential to value billing, done profitably.<\/p>\n

more unconventional wisdom from frank stitely, cpa:<\/strong> who\u2019s missing in action from your workflow processing system?<\/a>\u00a0 | how to make an extra $72,000 by working smarter<\/a><\/em><\/p>\n

let’s invite some people to leave our discussion.\u00a0 if you are a coach, consultant, or some other type of cpa advisor, who has never owned an equity position in a cpa firm, please exit stage left.\u00a0 yes, i know you have decades of experience observing cpa firms.\u00a0 i have decades of experience watching professional football.\u00a0 that doesn’t qualify me to coach the redskins.\u00a0 veteran poker players know that playing someone else’s hand is easier than playing your own when big money is on the table.\u00a0 if you’re a cpa firm employee, please stay.\u00a0 some day you’ll need this information.\u00a0 but sit there silently until we are done.<\/p>\n

there are three reasons time tracking is important: read more →<\/a><\/p>\n