Don’t Fade Away with Compliance Only Services – Technology & Outsourced Accounting to Stay Relevant
By far the greatest changes to the way accounting services are performed is coming from the world of technology. Are you ready to be at the head of the change into a world of virtual accounting? The financial world is already trading in their binders and paperclips for cloud-based databases. Are you keeping pace with your competition?
Which Remote Bookkeeping Software Is Favoured Based on Usability, Cost, Customer Support, and Security?
Software programs used by bookkeepers is generally something chosen by the bookkeeper themselves or the company they are working for. Price is often a consideration when purchasing but can long term ease of use make up for up front costs, potentially saving your business thousands in the long run?
Accounting Firm Sole Proprietor Sells Business for AUD $144 Million Profit (How He Did It)
With an annual turnover of around £20 million and over 14,500 clients, it’s easy to see why private equity firms were on alert when Mr Simon Dolan decided to put his firm SJD Accountancy, up for sale in 2014. Sold to Sovereign Capital as part of a 100 million pound deal, Dolan, then 45, walked away with a clear £81 million ($144 million AU) in his pocket. But he is the first to admit growth didn’t happen overnight! He also readily explains that he didn’t receive outstanding growth doing things using traditional accounting methods of expansion.
Prevent Hackers from Accessing Your Clients’ Data – Utilize a Password Manager
A password manager is a big step towards protecting yourselves and will take the worry out of somebody stealing your login information. They will store your login details for every website you use and assist you in logging into them automatically. All of your passwords are encrypted and your master password, which gives you access to all your passwords, is the only one you have to remember.
Where You Could Be Focusing Your Website Efforts
There are a lot of very pretty websites out there. Some people spend thousands of dollars on design teams measuring every possible aesthetic and the impact it will have on their visitors. The question – do you need to spend equal amounts of money in order for your website to at least compete, if not outperform, the sites of your competition?
Tips for Accounting in The Cloud
Cloud computing is one of the fastest growing areas of IT across the globe: it was the main investment area for IT departments in 2013 and 2014 and is forecast to continue as a priority in 2015. Accounting is one profession that is taking the move to the Cloud seriously. There is lots of scope for accounting firms to move their operations to the Cloud, and many practices, both large and small are taking this option. Let’s start looking at the benefits of the cloud….
5 Quick Tips for Upping Your Website Conversion Game
Surveys show that 85% of people are hitting the internet when they search for local businesses. The conclusion is obvious – you’re going to want your firm’s website to be in tip top shape in order to turn visitors into conversions. Let’s take a look at 5 quick tips that will help turn your website into a conversion machine.
Is outsourcing necessary to take on a stronger advisory focus? – Guest Post by Dale Crosby
What can the leaders of progressive firms do to convert the additional capacity created by the efficient outsourcing of compliance and administrative work into a stronger advisory focus?
Tips for Selecting & Thinning Out Clients to Boost the Success of Your Business
A savvy business owner knows which business connections are worth his time and energy and which ones are not. Culling your client list is an important business strategy. It is not personal. It is about their value to your business.