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Practice Management Resourcesbookmarks tagged Practice%20Management by ifacsmpcommitteeUpdated: 7 hours 33 min agoJennifer Warawa gives in this article the nine reasons why all entrepreneurs should work with an accountant.Ritika Puri writes about how cloud accounting allows SMBs to develop streamlined, powerful and always-on processes that integrate with a full suite of business softwareDavid W. Cottle gives helpful tips on how address client grievances when you are not sure how to address them.Jennifer Wilson Writes about four ways to inspire your team to deliver exceptional client service and profitabilityArticle explains how a small business is unlikely to have a dedicated IT Department or Help Desk.Elaine Clark writes about recently seeing an email sent from an accounting competitor to their client who was thinking of transferring their services to her company.
Determining a Selling Price for Your Financial Planning Firm | Viewpoints content from WealthManagement.comNicholas Gudz, C-Founde and Managing Partner, Succession Link writes about when preparing your financial advisory practice for sale, one of the most challenging aspects of the transaction is coming up with a proper value.This article mentions five ways to develop your business.Joel Sinkin and Terrence Putney, CPA write about how the success of most accounting firm succession plans rests on the firm’s ability to develop young talent into owners capable of buying out retiring partners and carrying the firm into the future.Alan Heyman, CEO of SMLR Group, Inc. writes about how accounting firms are repositories of personal information and have become targets for criminal hackers. They are like an auto accident waiting to happen.Blake Christian, CPA explains how staff and managers are key to your ultimate success in executing that plan, which probably includes some combination of enhanced services, revenue growth, and improved client relations and quality control. Now is the time to get your employees on board with your 2014 plans.In response to a regular stream of queries Simon Hurst of The Knowledge Base sets out to catalogue the software and systems needed to equip a practice.Gary Adamson writes about the changes in valuations and process that we really need to be aware of. Citing some of the best practices.This is the final article in a series of four presented by John O’Donnell, ICAEW Practice Consultant, exploring the different ways in which you might consider structuring your practice to make it as effective as possible and achieve your objectives.We work in a global economy, and UK accountancy firms are well positioned to take advantage of foreign business. But how, asks Peter Bartram, do you go about selling your services overseas?Becky Livingston explains the five-step process for increasing lead generation with a single blog post.Article explains how of all the issues that impact on practice profitability, pricing has the biggest effect.Accounting firm management consultant Jay Nisberg describes how CPA firms can find out which services their clients are willing to pay more fees for by conducting client satisfaction surveys.Lee Frederiksen, Ph.D.explains how Knowing the ins and outs of these five concepts (Get the Strategy Right, Create, Promote, Nurture & Convert, Analyze & Adjust) can help CPA firms accelerate growth and profitability.Tim Ryan, CPA, vice chairman and market, strategy, and stakeholders leader at PwC, believes that the time is now for organizations to understand and embrace the Millennial generation.
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