Make Risk Work for You
How to turn risk into a business opportunity. By Sean Stein Smith Risk is an inevitable part of life, as well as being inherent in every business transaction that is undertaken, or not undertaken.
Monthly Archives: April 2014
6 Reasons to Keep Partners from Retiring
And 4 ways to put them to good use.
By August J. Aquila
Creating the Effective Partnership
There may be some senior partners who want to spend their remaining years basking in the sun or playing golf. But, given the negative and low returns of the stock market the last few years, more senior partners will be concerned about their economic future and will want to stay involved in the profession. This can be a win-win situation for both parties or it can be a lose-lose.
Senior partners have a wealth of knowledge that you don’t want to lose. For example, they possess: READ MORE →
The Top 10 CPA Firm Problems that Technology Can Address
New survey shows technology’s role in turning challenges into opportunities.
By Rick Telberg
Ask a practicing accountant what keeps them awake at night, and you’ll get many of the same answers in one form or another: clients, expenses, staff or technology. And that’s borne out in the first annual Accounting Firm Operations and Technology Survey, offered exclusively by CPA Trendlines. READ MORE →
Efiling by Tax Professionals Declines by 207,000 Returns
Through April 11, with only days to go, the nation’s professional tax practitioners had efiled almost 62 million returns, down about 207,000 from the same time a year before, or 0.3%. That may represent something of a last-minute recovery, considering … Continued
What Shopping Habits Reveal about Accounting Clients
The four flavors of new clients.
By Hitendra Patil
Pransform Inc.
Tax season is over and you made it through the home stretch, significantly tired but scraped through! Now is the time to rethink your business model on the new learning from tax season and to restart looking for new clients. You don’t want to create more “C clients” that suck the energy, time and profits like a vortex.
Not sure how to estimate the value of your prospects? You may want to learn their shopping habits. READ MORE →