3 Keys To Building Your Dream Team

In building a successful business, you must have the right combination of talented people to drive it. It is imperative that you make great hires in staffing your accounting dream team. Your team is only as strong as its weakest link. Below are three key considerations to help you navigate the dream team building process.  Identify your needs first Before you begin your search, identify what core competencies are imperative in your business services. Examine each department and layer your requirements accordingly. Determine the technical skills your staff must possess. Then build a list of supplemental traits or experiences that
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Tips For Managing Relationships with Your Clients As Your Business Grows

Be The Best At Managing Your Clients Many accountants know that good customer service is important for their business. They know that it is very important to build a good relationship with their clients. They want to make their clients feel like their friends. However, this is not always as easy as it sounds, especially when you start to really build your business. It can get overwhelming as your business grows.   Here are some tips for managing those relationships as your business grows. Keep a daily calendar of things that need to be done. Many accountants need a daily
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The Importance of Practice Management for Accounting Firms [Part 2]

Value in Practice Management  Business development – If everything goes as planned, your accounting firm will grow and evolve over time. There is a whole new set of problems associated with this growth, but it can be managed and used to thrive. As you grow, you’ll begin to experience more competition: pricing, services, client management and retention, and so on. Be prepared to step up your game; with the new challenges comes great rewards. Other possible problems with growth are building size and accessibility. Will you have enough room to handle the increased inflow and outflow of clients and employees?
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The Importance of Practice Management for Accounting Firms [Part 1]

Practice Management Should not be Ignored Practice management, in a broad sense, is the use of systems and procedures to efficiently address business issues and requirements. While the main purpose of an accounting firm is to provide accounting services, it is still a business. All businesses require customers, supplies, networking, marketing, procedures, strategies, hiring policies, and more. The importance of practice management is to focus on the business-side of an accounting firm. Overarching business decisions are what practice management is about. In order for the accountants to do accounting, the business needs to be managed properly. An accountant isn’t typically
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A Social Media Presence for Your Accounting Practice

Why Social Media is Needed for Your Accounting Practice. If your business has a web presence but nobody finds it, does it have a web presence? It’s the new philosophical question for the age, but unless you are in the business of philosophy, it may not be so funny.  Even though the medium has changed, you still have to have something which draws new clients to you. People may seek your business when they look in a search engine for a business of your type, but word of mouth, popularity and impulse clicking can be so much more valuable. Let’s
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