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Accounting Firm Tagged Articles
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Outsourcing as a Tool to Maximize Accounting Firm Profitability
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| Accounting firms are accustomed to Bookkeeping, Accounting and other support functions like payroll processing, accounts payable processing and Financial Statements. Outsourcing builds on that concept but does not require day-to-day management and direction from an on-site supervisor or manager. When a function is outsourced, the individual has total responsibility for the project or work and has the ability to take it from beginning to end with minimal, if any, direction. The trend of outsourcing Accounting will continue for several reasons:
# Client service demands that we exceed, not just meet, client expectations. How can we be an expert and 100% focused on everything?
# The annual cost of an employee today is enormous when you consider the total compensation package; the risk and the downside can be equally as great. |
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The Joy of Registration Rights
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| As Jason and I close out our Letter of Intent series, we thought we’d cover one last item that has screwed many a seller – the case where a public company acquires a private company for unregistered stock. Some buyers will try to ignore this – a good seller should work hard up front to get agreement on what type of stock and what kind of registration rights they will be receiving. Expectation setting is key in this situation. |
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The most important rule
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| Have you ever recommended a doctor?
On what basis?
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Personal Branding Update: Now Is The Time For Individual Employees To Shine!
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| It's the individual employees that are going to pull America through these troubled times. Everyone has unique skills and abilities to bring to bear, whether you work for a Fortune 500 company or a two-person accounting firm. When people focus on what they're good at and what makes them unique, they get re-energized about what they do and they are inspired to innovate. |
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Business Finance Article - How to Evaluate Your Business & Improve Your Bottom Line During a Recession
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| Find out how you can run your business more efficiently and more effectively... Follow these tips… and you can increase your bottom line, even during the recession.
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Public Relations 101 For Small Business
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| The practices of public relations boost a company's profile more than advertising does. |
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Detroit or the Bahamas - The Devil Is In The Details!
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| Why do most people spend hours planning their next vacation, but little time, if any, planning the next year for their business - which PAYS for the vacation??! It doesn't make sense. Here, Steve offers some options... |
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How to overcome the fear of owning a business?
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| It’s a mixed feeling - both scary and exciting to own a business, especially when you are a first time business owner. The fear of failing can be overwhelming and in most cases prevents an individual from buying a business. However two things can help you overcome the fear and they are knowledge and self confidence. Sounds simple? It is simple. By the time you finish reading this article, you will know how to obtain the right information, ask the right questions, and how to think like an entrepreneur. All these actions will give you the self confidence you need to become a business owner. |
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CPAs vs. Non-Certified Accountants: Clearing up the confusion
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| A discussion about the difference between CPAs and non-certified accountants in terms of their educational background and services they can or cannot perform for the public. |
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Other Accounting Firm Related Articles
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Accountants can make or break your business...what\'s yours like?
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| You can't afford to take chances with your accounting firm - make sure you choose the right one.
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Why Customers Buy
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| Imagine you're faced with a major purchasing decision for your business. It could be new office furniture, or retaining a new accounting firm, or a new IT firm to manage your network.
You do all you can to make an informed purchase. But what do you really know about the product or service you're purchasing? Do you really understand the nuances?
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Simple Accounting for the Small Business Synoptic Journal Bookkeeping using a Simple Accounting Spreadsheet Template
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| You have started a small business while still working or to create additional income for your household income. You know nothing about accounting or bookkeeping. This accounting administration part of business scares you a bit and is holding you back from 'Doing IT'. Here is a simple approach to achieve the recording of your business financial books. No prior accounting or bookkeeping knowledge required! Don't buy Quick Books or AccPac or some other accounting package. This simple bookkeeping approach is easy and FREE. |
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13.0 The Entrepreneurial Firm The External Environment: Entrepreneurs and entrepreneurship in Africa
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| The third category of factors accounting for the success or failure of entrepreneurship is the external environment within which both the entrepreneur and the firm exist and operate. |
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ACCOUNTING POLICE: DO THEY EXIST?
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| Who created accounting principles? Who sets and revises accounting standards? What if you don’t follow all the rules, do you go to jail? Is there an accounting police force that investigates and arrests violators? It would seem that there must be some regulatory force to make sure that providers of financial statements conform to the rules. There is, up to a point, and this article discusses how it works: |
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3 Website Benefits that Improve Client Satisfaction and Retention
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| A website that doesn't make money for your accounting firm is a useless website.
The primary method of generating revenue with your website is by using it as a prospecting tool. It's a great way to bring new clients into the firm but don't become so focused on client acquisition that you allow other opportunities to slip by. You can use your website to improve your client retention as well. Combined with client acquisition, improved client retention can really shore up your firms bottom line. |
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Is your Accounting System Broken?
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| In the past few months we have heard so much about Greece’s large debt burden and budget deficit leading to a contagion of problems that are likely to take the entire Euro Zone down. You wonder how this problem just revealed itself so suddenly without any prior warning. After all didn’t the Government of Greece and the Euro Zone’s central bank know they were taking on too much debt? Wouldn’t their accounting system tell them the level of debt and growing deficit as it got worse over the years?
The reason why Greece's problems went undetected for so long is that they had a broken accounting system. Every year, K&M Accounting and Tax Services come across small and large businesses in Charlotte and Carolinas that have accounting systems that just don’t work. Here's some tips to find out if your accounting system is working for you. |
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What's Twitter and Will it Help Me Grow My Accounting Firm?
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| Everybody knows about the strange new force called "on line social networking", but what is it exactly? Will it help you grow your CPA, accounting or tax firm? This article looks at Twitter and reveals it's use as a sales tool. |
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Finding the Best CPA Website Design for Your Practice
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| A website designer shows us how to buy the best site for your accounting firm and exposes the traps that site design firms use to entice customers into paying higher rates or buying inferior sites. |
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The Growing Threat of Medical Identity Theft
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| According to a recent article in MedPage Today, nearly four out of ten doctors surveyed by the accounting firm Price Waterhouse Coopers are reporting that they have caught a patient attempting to use someone else’s identity in order to obtain healthcare services. |
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