Category: Uncategorized
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How to grow an accountancy practice: make yourself redundant
If you really want to grow an accountancy practice, it’s time to get out of there. Most accountancy practice owners (and other business owners in fact) are hands-on. They’re highly involved in the day-to-day operations, making sure that everything gets done to their own high standard, often working harder than…
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Beware the loser trap!
Have you started a journey of change in your business but you feel like you’re not seeing progress? Or even that things are actually getting worse? It’s demotivating, isn’t it? And it can also make you uncertain whether you should push on or just give up. But you know as…
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Create an accountancy practice that doesn’t rely on you
What would happen to your accountancy practice if you weren’t there? One of the lessons we’ve all had to learn over the last 18 months is that we don’t know what’s coming around the corner. Whatever we thought we knew about being prepared for the unexpected was blown apart by…
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Working from home – challenges with your team
The shift to working from home has demanded a big mental adjustment, as well as the physical move itself. While most have adapted brilliantly, others have found it hard to adjust and their performance has dropped as a result. If it was just for a few weeks, leaders could possibly…
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What do your clients want from you right now?
How to give them the support they really need. In June 2020, we set up the Excellence In Challenging Times Award to celebrate the accountants who have moved mountains to help their clients get through the Covid-19 crisis. The five firms that made it to the final have been absolutely…
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Self isolating and working from home
If you or your team need or wish to self isolate in order to reduce the risk of infection here are a few tips to help you continue to get the results you need. We’re privileged to have access to such wonderful technology right now that working from home has…
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Thinking of merging? Read this first
Mergers, on the face of it, are a great way to scale up and position the newly formed firm as larger. Finding another firm, getting ‘married’ to them and becoming one entity, often sharing resources and overheads, reducing costs, tapping in to the skills of other partners, seems like such…
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Beware! The tunnel vision consequence of goals.
It’s important to set goals, they give us focus, they keep us on track, we can measure our progress against them and if the goal is right, our lives should become better by striving toward them – even if we fall slightly short of achieving them. HOWEVER! Setting goals focuses…
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Measuring your success
A common set of metrics that are measured within an Accountancy Practice might include: – Turnover, Gross Recurring Fee Income, Profits, Average Fee Per Client … Do these resonate with you? Do they move and inspire you? Some of these don’t reflect success and some are consequences of doing the right things. What’s the…
Shane Lukas 