Is it possible to be a CPA and start a small practice without being the quintessential “tax guy”? (I’m not sure the term ‘tax gal’ […]
Category Archives: Software
The major change in small business accounting is the movement to the cloud. The promises the cloud offers of convenience and stability have piqued your […]
Updating your accounting processes and converting to cloud accounting can make a dramatic impact on your business. It is not uncommon to achieve a […]
The “cloud” is bringing about massive upheaval in small business accounting. You have heard the rumbling and upheaval, the carnage and disruption. You have seen […]
The shift in recent years in software has been from a product to a service; one-time license to a monthly subscription. Software companies learned that if you sell software as a product to a client, they will use it until they absolutely cannot use it anymore thereby limiting the revenue of that license. With the advent of the “cloud”, the subscription model of accounting has given software companies the ability to host, allow and limit access to the software and da […]
Calories. Blood sugar level.Cholesterol.Money. Weight.If we care about it, we track it.So when someone questions the profitability of a segment of your business, that answer should be readily available. For example, is that office making you money?Simple question. Is the investment you have allocated undertaken in time, energy and capital producing a return adequate to compensate for the risk taken? It should be a simple question of pulling a f […]
The hours of paperwork and bills in running Family Optometry business were taking their toll on Dr. Eric Dale. He loved taking care of his patients and leading his team, and he led the organization of 18 staff and three offices, including three other optometrists working with him. But he was exhausted, and he didn’t have any time to spend with his family. When an optometrist from a neighboring community approached him about Family Optometry purchasing his practice, Dr. […]