Resources

How To Future Proof Your Accounting Practice

There’s good news and bad news for accounting practices all over the world right now. Although there is a 97.5% probability (source PwC) that traditional accounting services such as tax preparation, bookkeeping and even audit will be automated in the not too distant future, last year USA Today’s Gallop Poll found that accountants are considered…

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Are you Letting Profit Leak From Your Business?

It’s often believed by business owners that to make more profit you have to find more customers. Well actually that’s not always the case. In many circumstances there is plenty of profit to be found from your existing clients simply by shifting your focus from adding more customers, to recovering the profit leaking out your business right now.…

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Cutting costs can make your business less profitable

When a business hits hard times, many small business owners will focus on cutting costs to turn their fortunes around and maintain their profits. Not all costs are made equally though and cutting some costs can ultimately lead to making less profit instead of more. During my years as an accountant I saw this pattern…

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