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A monthly article to inspire your practice and keep you engaged with a community of likeminded practitioners.
In discussing firm profitability with many accountants and bookkeepers, a question I often get is: “Why am I making so little money, given how busy we all are?” The following are just a few of the reasons I’ve discovered: Fees…
As a public accountant or bookkeeper, we often have very little control over the outcome of the work we do. We have minimal control over the amount of taxes that will be owed or whether the profits generated will be…
Summer has always been one of my favourite times of the year. Not just because of the warm weather, the motorcycle rides, or getting out on the ATV, but because it gives us something we rarely allow ourselves during busy…
Now that the dust from tax season has settled, many practitioners take a moment to reflect on where they are with their practice. Usually, one of three things happens: It’s the third option I want to talk about today. The…
Personal tax preparation is a lot like small engine repair. I have a nephew who started out as a small engine mechanic. With further studies and experience, he moved on to working as a large diesel engine mechanic. When I…
I always find it interesting how one practitioner will ask me a question, and then suddenly, I’m asked the same – or a very similar question by several other accountants and bookkeepers. The question is this: How do I manage…
Based on what I saw and heard at our most recent firm retreat, I would dare say that most people who work here at Talbot & Associates CPA would tell you that we have a very healthy, happy firm culture. So…
With tax season quickly approaching, some practitioners are probably thinking of increasing the number of people on their team. The following are just a few pointers of things I’ve learned in trying to identify the best candidate for our team.…
Think of the new year as your practice’s blank sheet—a clean slate to project the growth you want to see. Here are actionable steps to move forward with intention: Leading Through the Lens of Relationships Relationships are at the heart…
The close of one year and the start of another are defining moments for business owners. It’s more than just turning the page—it’s an opportunity to reflect, recalibrate, and reignite your purpose. For public accounting firm owners like you, this…
