These 4 questions will help you grow a more successful business. Each week we have the opportunity to share a question of the week and during March, we focused on some of the most critical topics that every firm should consider if they want to grow. Here are the four topics that we discussed 1) Firm Goals, 2) Your Strategic GPS, 3) Your Pricing Strategy, and 4) Your Capacity Analysis. In this episode of the podcast, I share our tips and the tips that came from our amazing audiences of...

Why are you arguing over pricing? Here is the thing Accounting Firms should never have to argue over pricing when it comes to working with your clients. Now if you do find yourself in a bit of a back-and-forth over pricing this conversation with Arun Mehra could be very helpful for you. Check out our YouTube page for the video version of this podcast: https://www.youtube.com/@thefinanceaccountingshow2679 ============= Connect with Us: Instagram:...

Feeling stuck with your accounting work? You're not alone. Many accountants and firms are looking for a change. This video cuts straight to the chase, showing you how to get back on track and grow your business in 2024. We'll share a straightforward strategy that helped us move from $350K to aiming for $600K in revenue. It's not magic; it's about making smart decisions, focusing on what works, and finding the right clients. If you're an accountant, part of an accounting firm, or offer CFO...

Can a business really create a balance between value for the company and value for the staff? In light of mass company layoffs, social media chatter, and several published articles it appears that many organizations are struggling with doing what is right for the business vs doing what is right for their people; but should this really be a conflict? We sat down with a veteran business owner and leader Dan Luthi to hear his take on this topic and to dive into some of the ways that Ignite Spot...

Why are so many businesses being destroyed by the silent killers? When it comes to starting, growing, or maintaining a mature business, the worst thing that you can do is ignore your risk, because if you do these risks will become the silent killers of your business. Most people tend to think about the obvious risks but the truth is that the most dangerous risks are the ones that most people don't take the time to consider. This is why it was so great to sit down with Top CFO Josh Greenbaum...

Exploring Unique Insights: Business Lessons from Terrell's Paris Trip Discover Fresh Perspectives: Applying Lessons from Paris to Enhance Your Business Get ready for a distinctive twist in this episode. Terrell has just returned from Paris, and we're excited to share the invaluable business lessons he gained from this experience. Learn how you can implement these insights to elevate your business's performance. For the complete immersion into these transformative insights, watch the full...

Data-Driven vs. Emotion-Driven Business Decisions: Striking the Balance Empower Your Business: Leveraging Data for Informed Decision-Making Are your business choices guided by intuition or data-backed insights? Are you assisting your clients in making choices driven by emotions or data? In this episode, we uncover three essential tools that your business can employ to facilitate prudent data-driven decisions. We also delve into the integral role that your accountant and finance personnel...

Unveiling the Mystery: Tracking Your Business Expenditure Answering the Age-Old Query: "Where is my Money Going?" One of the top queries we frequently address from our clients is, "Where is my Money Going?" The frustration is palpable - putting in substantial effort to generate revenue, only to find minimal cash in the bank at the end of the month. The answer lies in the paramount importance of cash flow. Here's how you can regain control: Gain a comprehensive understanding of your...

Honesty in Client Services: Unveiling the F*** Strategy Trend Exploring the Impact and Ethics of the F*** Strategy in Accounting and Bookkeeping Are you inadvertently misleading your clients? Lately, the F*** strategy has gained traction among accountants and bookkeepers as a means to expand their service offerings. But is this approach genuinely aligned with your clients' best interests? Share your insights below and delve into this week's episode, where we discuss the ethics and...

Exploring the Impact of the $22/Hour Minimum Wage Announcement in California Stay Informed: The Latest Job Market News and its Relevance for Businesses The job market has surged into the spotlight, with recent news of California advocating for a $22/hour minimum wage rate. In our ongoing commitment to address the queries in the minds of business owners, we tackle questions like: "What does this signify for my business?" "Why should I be concerned?" Join us in this week's episode as we...

Learning from Setbacks: Business Insights from Peloton's Revenue Shift Discover Lessons from Peloton's Journey - Record High Revenue to a ~$1.2 Billion Loss @Peloton recently faced a substantial ~$1.2 Billion loss, a significant deviation from their projected forecast. But how does this story relate to you as a business owner? In this episode, we unpack the significance of: Analyzing Customer Spending Patterns Adapting and Forecasting Strategies According to Data Insights Unveil the...

Optimize Customer Relations and Business Revenue with Complimentary Services Ensure Quality Customer Interactions and Boost Revenue Potential Avoid the headache of dealing with mismatched customers. While the saying goes, 'the customer is always right,' they might not always be the best match for your business. Imagine if there were a way to assess potential customers and simultaneously increase your business's revenue. Discover these advantages and more through the incorporation of...

"Want to know one of the BEST ways to keep your business stagnant?  Don't automate - automation is a necessary step for actual scaling, and in this episode, we share some great tools that we've used to help scale and grow our business.  https://www.businesstalklibrary.com/stuffyourbookkeeperisnttellingyou  #business #bookkeeping #sybity #financeforbusinessowners "

Navigating Business Outsourcing: Finding the Right Fit Discover the Benefits and Considerations of Outsourcing for Your Business Curious about the strategic applications of outsourcing for your business? Join us for this week's episode, where we delve into the nuances of outsourcing, examining its advantages and potential drawbacks. For insights into when and where outsourcing can make a significant impact, catch the episode at...

Boost Your Business Profitability: The Power of Strong Processes Unlocking Profit Growth Through Effective Process Implementation Seeking ways to enhance your business's profitability? Look no further than establishing robust processes. Processes play a pivotal role in creating a business that operates seamlessly, sparing you headaches and unnecessary challenges. Discover more in this week's episode, where we unveil insights your bookkeeper might not divulge. Gain a fresh perspective on...

Beyond Frugality: Maximizing Business Profitability The Pitfalls of Solely Cutting Costs for Business Success We've all heard the adage, 'Spend less money.' While it holds true for personal finances, applying the same logic to your business operations might jeopardize your profitability. Dive into this week's episode for invaluable insights. Discover the hidden truths your bookkeeper might not share, and gain a new perspective on enhancing your business's financial health. Get the full...

Unlocking Business Profitability: Gain Insights for Informed Pricing Assess Your Business's Profitability and Unveil the Power of Smart Pricing Are you aware of your business's profitability? It's a query that often leaves business owners stumped. Grasping your business's profitability is pivotal for strategic pricing decisions. But what does it mean to engage in smart pricing? Discover the answers in this enlightening episode. Tune in to unravel the concept and enhance your business...

Choosing Between Accountants, Bookkeepers, and CPAs for Your Business Understanding the Distinctions and Identifying Your Business's Requirements The selection of an Accountant, Bookkeeper, or CPA can be puzzling for business proprietors. Gain insights into these roles and determine the ideal fit for your business. In this week's episode, we unravel the differences and guide you through the selection process. Get clarity on this essential topic and make informed decisions for your...

Safeguarding Your Business: Preventing Embezzlement and Financial Loss Embezzlement - a threat no business owner should overlook. Discover proactive steps to shield your business and spare yourself from the ordeal of recovery. Join us in this week's episode where we delve into 'Strategies for Protecting Your Finances and Business Against Embezzlement'. Gain insights to fortify your defenses and secure your assets. For expert advice and practical tips, watch the episode now at...

Demystifying Inflation: Why It Matters for Your Business | #CFOGamePlan Lately, the term "Inflation" has been making waves. But let's break it down - What exactly does it mean for YOU? Why is it worth your attention, and how can you equip yourself with enough knowledge to make well-informed decisions for your business? Tune in to this week's enlightening episode of #CFOGamePlan, where we:  1) Simplify the Definition of Inflation 2) Explore Essential Proactive Measures for Your...

When it comes to cash flow, every business has to keep a close eye on this or at least have a process for monitoring the trends in its cash flow.  In this episode, we discuss Four Ways to help improve your business's cash flow - check out the full episode at the link below. #business #cfogameplan #businessfinance #financeforbusinessowners

So how do you position your business for a multi-million dollar merger? Well, we sat down with the founder of Summit CPA to hear about his journey and the story of how the Summit and Anders CPA merger came about.  We also discuss some common mistakes that business owners make that stop them from being an attractive company that could be worth buying.  Every business owner needs to understand this thought process, even if you don't want to merge or sell your business. Enjoy the...

Like any other organization, churches need bookkeeping support, and with the uniqueness of tax treatment, they must have the proper help from the right accountant. In this episode, I sit down with Bob Dye, CEO of Good Shepherd Bookkeeping, as we talk about his journey and how he helps provide churches with the financial insight they need to manage the resources they've been entrusted with effectively.  Check out the full video interview at...

What is happening regarding ESG (Environmental Safety & Governance)?  In this episode, we decided to go to one of the leading research institutes on ESG and speak with Dr. Sandra Vera-Munoz.  This award-winning professor has been consistently recognized and published in respected publications from the late 1990s to her latest writings of the summary 2022. In this conversation, we discuss how ESG impacts business decisions and where we can go based on what we have learned from the...