I’ve read 2 books on the 80/20 rule. The 1st by Richard Koch (The 80/20 Principle) who co-incidentally was the first to write solely on the subject of explaining how the...

Another BIG Mistake Most Accountants Are Making And Think They’re Doing The Right Thing

[social_warfare] I see it all the time, well a lot of the time and it’s this: ‘First consultation is free’. Is your Practice guilty of this? If so, STOP...

The BIG Mistake Most Accountants Are Making Without Even Realising It

As I work with more and more Practitioners from around Australia, who enrolled in our ‘Business Advisor ‘Fast Track‘ Programs‘, there is one trait I...

5 Great Questions Business Owners Want Their Accountant To Ask.

Every Tax Accountant prepares a set of accounts and associated income tax returns for their business client every year. This is an indisputable fact. But not every Tax...

Do You Know Who You’re Talking To

There’s lots of hype around at the moment related to ‘Cloud Accounting’ and ‘Business Advisory Services’ and you would be forgiven for thinking...

BEWARE of shiny new objects

Let me say right up front, I am as guilty as the next person for falling prey to the ‘shiny new object’ syndrome. However, I have learned over time to recognize...

WHY DON’T MY CLIENTS REFER ME AUTOMATICALLY?

You’re considered a nice person. You’ve got kids, a mortgage and a car loan perhaps ‒ pretty much like most other people. You do a good job, at least in your mind. Your...

5 Undesirable Characteristics I Found Writing Website Copy for Accounting Practices

Recently I completed another website copywriting project for an Accounting Practice and in my research made some interesting observations. I’m also the first to admit that...

Why SME’s don’t do budgets and how to change this.

It’s an age old issue, most SME’s don’t do an operating budget and there is a very good reason for this, they don’t work. Why? Because they are not...

Controlling Cash Flow

The way cash ‘velocity’ is measured in a business is to calculate it’s operating cycle. And the key is to identify where ‘bottlenecks’ can or are occurring....

by Kerry King

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