Phases of The Entrepreneurial Cycle™ Technician Phase – Years 0 - 3 The Entrepreneur begins business life as a Technician. Using skills gained in past employment the Entrepreneur becomes a self-employed professional

Fee Pressure – 7 Tips For Coping Better

Just like every other business (many are your clients) Accounting Practices can also come under pressure from clients to 'go easy' on the fees being charged. Here are a 7 ways

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 DOING IT! Because I'm confident that

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 see that is common among

Do You Know Who You’re Talking To?

‘Cloud Accounting’ and regular reference to ‘Business Advisory Services’ has become the norm and you would be forgiven for thinking that if you didn’t get on board with both, you’re

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

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 the information below can be

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 prepared based

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. This is because that

Breaking down ‘Break-even’ – A recipe to turnaround ailing businesses.

For most business owners and many accounting practitioners for that matter, the measure of 'break-even' mistakenly is a static calculation. By that I mean it is measured at a single

by Kerry King

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