Running a Firm (789)

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Selecting the Right Talent

I was speaking with a client last week about how they make their hiring decisions. They indicated that they had just hired a person and it had come down to two candidates. I asked how they made their decision on which one to hire and they remarked, "It was a bit of a coin toss". Read more...

Seven Tips for Advising Small Business

We celebrate the forming of our nation on Independence Day and we honor veterans on Memorial Day. Did you know that it wasn't until 2011 that President Obama designated November 19th to be Entrepreneur's Day. Better late than never but doesn't it strike you that entrepreneurs deserve a lot more recognition?

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So You Want To Own A Business?

You can't get any more boring than Al Terrisio. Al is the President and owner of Ultimate Controls. This is a real guy and a real company, but I'm changing names here. I'm not sure he would want to be the subject of this piece. Please understand - Al's a very nice guy. A good family man. Reliable. Honest. But boring. Read more...

Avoiding Small Business Tax Pitfalls

trap artEnsuring you don't fall victim to these tax traps will help you avoid hefty IRS fines, whether you're just starting out or running your business day-to-day.

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Social Media's Importance to Accountants

Today, social media is playing a bigger role in how consumers make decisions about whether to buy a product or service. Social media provides a platform for everything from their initial research to asking for a referral from a trusted source to reading reviews about your product.

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What Motivates Your Employees?

Employee artA March 2011 survey of U.S. workers conducted by polling firm Harris Interactive on behalf of Plateau Systems showed that 69 percent are either satisfied or very satisfied with their employment. Yet 74 percent indicated they would consider leaving their job if approached with a new offer." So how engaged are you and your team? Read more...

Field Trip for Trusted Advisors

Last week we took a field trip. Not to the chocolate factory. Not to the zoo. This was a "business" field trip. I have always been a huge proponent for letting fledgling accountants have more client contact. I believe the more they can relate to the end consumer of their hard work, the more pride of ownership they will have. I also believe that in order for these young people to become true trusted advisors, they need to understand not just the financial performance aspect of a company, but all performance aspects.

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Changing a Problem-solving Approach

Are you waiting to find the perfect tool? I am obsessed with office supplies. Especially organizing materials - like the the ones that come in bright colors and cool patterns at the Container Store. As a hopeless piler and accumulator of paper, I am on a never-ending search to find the perfect container that will finally make me organized. Read more...

Solving Multi-Generational Workforce Conflicts

There has been a lot written about the multi-generational work force, and most of it has been directed toward the differences in the values and the behaviors that each generation exhibits. Highlighting the conflict between them, how they don't get along, and that "we just have to live with it". Of course this is coming from the point of view of an ageing Baby Boomer.

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Proper Setup for Paperless Workflow

Scanner artLike hundreds of perfectly aligned dominos, one misplaced token can set off a ripple effect that not even the most experienced and proficient expert can hope to overcome. If the processes and applications are not set up properly at the beginning, the combined result is frustrating, time-consuming, costly, and more than anything else, just plain wrong. Read more...

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