“If you’re feeling lost and stuck like I was and you need that little bit of guidance to push past that barrier, joining this group is a must”
Words from Shafik Khan, owner of Bloom Accounting based in Leicester
It’s lonely running your own #accounting firm No one to...
“I should have done this 10 years ago when I first started out …”
Words of Donald Inglis, a sole practitioner based in York. We all go through life thinking should I do this or should I do that. We think, think again, over think and then don’t end up doing...
How do we attract new business. I’ve been on a journey figuring this out for a decade and what i’ve found is that it all starts with…
“WHO”
When you get clear on WHO you want as an ideal client, the what, how and where to find them becomes soo much easier. Most...
Accountants: charge your worth! When you’re taking on a new client how do you come up with the price? Do you look at what they’re paying their current accountant (by taking a sneaky look at their accounts )? And then come up with a price that is there or thereabouts what...
I used to be a really bad boss. frowned when people came in late, made my team do timesheets, was quick to criticise, but slow to praise, I didn’t set clear expectations and then got frustrated when things weren’t done the way I expected them to, I didn’t articulate our vision,...
What does your dream practice look like? Or more to the point, what does your dream life look like 10 years from now?
You’re in business to create the life you want To be able to do what you want, when you want and with whom you want. The business is the vehicle that is going to help you...
How do you drive up profitability in your firm?
You know as accountants we tend to complicate things at times when it comes to how we arrive at our profits. Our knowledge of cost accounting is to blame for that. To keep things simple… Your profit is simply what comes in less what...
How do you know the value of a new client in your firm? Are they known by the amount they’re paying at the moment? Or are they known by the amount they’d pay over time? You see, when it comes to determining the value of a client in your firm…You look at their Lifetime value.
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Do you know who came up with the concept of Mastermind groups that we use today? It was Napoleon Hill back in 1928 - author of Think & Grow Rich and The Law of Success. Hill defined the “Master Mind” as a “co-ordination of knowledge and effort, in a spirit of harmony...
You know one thing that really drives me up the wall is...Receiving a surprise bill. I get this quite often from solicitors. They’d be engaged on something like assisting with a new lease on a property and i’d receive a letter outlining their hourly rates.
Thanks - but your...
”You’ll make your money back - and some”
Words from an incredible accountant called Dipak dhamecha
Dipak faced the typical challenges that many sole practitioners do:
- Overwhelmed with everything that needs to be done and the pace of chance
- Where to start and what to...
I went to the new Turkish barber last week for a haircut. Walked in, took a seat (there was no price list). Was invited to take the chair. Offered a drink and went for the Turkish coffee.
Came out in an authentic cup. The barber took great care to get the blend just right. Then proceeded to wash...