We have to keep our software up to date. We have to know which add-ons are the best ones for our needs. We have to be the go-to IT support for our clients. And, the list goes on.Read More
arrangements between accountants, bookkeepers, and others in related fields.
We all know it’s a good idea to build up a list of great professionals that we can confidently refer our clients to, but we also want to ensure we don’t end up with egg on our face if they don’t a good job.
So, what should we do when clients ask for professional referrals and we don’t know enough people to help themRead More
Think about the last time you searched for something online. Could you be bothered clicking past that first page? Probably not. Most of us don’t as we just want to find what we need quickly. So, if your business is not there, you are potentially missing out on a lot of new clients.Read More
The smaller items in a Federal Budget provide an indication of the changing landscape and dynamics within our economy and society. With so much chatter and commentary about the headlines in the Australian Federal Budget, this week’s blog further unpacks the under-the-radar line items.
Here’s some of the things you might have missed, but provide an insight into the government’s agenda, society’s values and our decision making.Read More
In all the recent media coverage of the fall-out from the ABC’s Four Corners report on the ATO’s handling of debt-recovery, the voice of tax professionals has been notably quiet. The report itself only showed the views the Australian Tax Office and the taxpayers who have allegedly been poorly-treated. No tax agent’s opinion was presented.Read More
Long weekends and short working weeks often make us reflect on these apparently conflicting needs. On the days off, you might have a great time, yet, at the back of your mind, there’s that nagging guilt about the work piling up on your desk.Read More
You’ve probably heard the saying, “You can’t win the lottery if you don’t buy a ticket”. It can apply in many different contexts and generally means, “You can’t reap the rewards if you don’t invest any effort”.
The concept can be applied to conferences, too. To get the greatest benefit from them, you need to put some effort in yourself. One of the first things you can do when deciding whether to attend a conference is to think through your expectations of it.Read More
If you’re thinking of going to the Accounting Business Expo (ABE) or any other finance industry event, you’ll probably be going for two key reasons, to learn new things and to meet new people. Many expos are now set up, not just to share their content, but to facilitate networking opportunities as much as possible.Read More
We’ve all heard the talk. The accounting industry is disappearing, so accounting firms need to do more consultancy work and form strategic partnerships with similar firms to secure a place in the market. It’s not as simple as that though. Not all accountants want to become consultants and not all firms need to form partnerships. It’s a bit like being pressured to get married because ‘everyone else is doing it’.Read More
Co-working spaces, shared offices, your own office? If your small professional firm needs a new home (or its first home) and you’re having trouble working out where to start, look no further. We’ve complied some practical tips for you to follow.Read More
There was a time when many payments were done through barter and currencies came and went as new rulers took power. There was no such thing as a regulated market, yet, somehow, people managed. However, after so many years, we’ve grown used to regulated currencies and banks and governments controlling them. Now, digital currencies have changed everything we thought we knew about how money works, and many of us are struggling to understand them.Read More
Multi-disciplinary teams are popping up everywhere these days, from hospitals to marketing firms and non-profits. Some may see them as the flavour of the month, but the reality is when they are set up well, they work. Bringing together people with different types of experience and expertise brings fresh perspectives and approaches to the team.Read More
Accountants and many other service professionals have tended to steer clear of actively marketing themselves for various reasons, including:
- Feeling this approach is beneath them in some way.
- Not having confidence in their own sales ability.
- Believing that it’s up to the client to ask for additional services.
Last week, Paul and Dave gave their summary of the best Australian finance conferences to attend this year in the episode 2018 Events: What we’re going to do and why. Their summary included 8 events – and that’s just the tip of the iceberg. A quick Google search shows many other finance-related conferences coming up plus even more focused on related areas such as AI and Business Management. So, you easily attend one or more per week if you really wanted to. But, do you really want to?Read More
Technology is revolutionising accounting in all its forms. That’s not news. Every time you glance at a financial article there seems to be at least one report on the jobs that will soon be replaced by artificial intelligence. Accounting jobs are high on the list. But how much of this is true and how much is hype?Read More