How CPA Firms Can Make Money Unrelated to Their Time

Allan Koltin March 2, 2020 1093

My experience has been that 90% of bottom line profits for CPA firms are earned between January 1 and April 15. From May to December, they try to keep their best people on the payroll without spending down all of their profits. To accomplish this, many firms encourage their staff accountants to take vacations, complete their CPE requirements, or take additional courses – all to avoid having to pay for excess capacity.

Wouldn’t it be easier to find new services you could offer–services your clients already need–and begin incorporating them into your practice? (more…)

The Best Kept Secret in Leadership

Dawn Minter May 22, 2019 1145

The “secretary” is old-school, the thing of legends. I used to be proud to say that I could type 112 wpm and take shorthand at the speed of sound. Those were solid measurements and requirements to be considered for a job back in the day.

That traditional stereotype is so yesterday.

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How to Improve Your Bottom Line and Employee Engagement

Bryan Pritchard January 28, 2019 1622

There is something refreshing about the start of a new year. For many business owners, the first quarter is a time of renewed motivation. As a business owner, this is an ideal time for goal setting and planning so that you can take advantage of the opportunities in front of you. While there are a plethora of ways to improve your business in the new year, here are a few tips to help improve your bottom line, while keeping your employees happy. (more…)

Ross Sneyd April 15, 2015 1794

I have a hunch a lot of us think quite a bit this time of the year about how we support nonprofits in our community.

After all, many of us just finished our taxes and wondering whether we’ve remembered to include all of the charitable donations we’ve made over the past year.

But there’s more to supporting important causes than merely writing a check or offering up our credit card number.

There’s also good old-fashioned labor.

I’m reminded of this because this is National Volunteer Week, which is designed to inspire volunteerism, encourage others to give of their time and recognize those who already have.

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Matt Ryan April 3, 2015 1102

Ask a small business owner to value their business and most likely you will get a value that is either too low or too high. So why is it important that you get an accurate valuation of your business? There are many reasons. The following are just a few: (more…)