Show Summary
Show Summary
Show Summary
Show Summary
Show Summary
Show Summary
In this episode of the Grow My Accounting Practice Podcast, Cheri Andrews, Esq, illuminates key aspects crucial for establishing and managing a business entity. She emphasizes the critical nature of creating a separate legal entity for businesses, outlining its impact on various business facets.
Cheri discusses the importance of assembling a proficient team with advisors who specialize in complementing one's areas of expertise. Staying within one's "zone of genius" is highlighted as essential for business success. She underscores the significance of contractual agreements and engagement letters, detailing their role in defining relationships and minimizing risks in business dealings.
Additionally, Cheri delves into the compliance requirements for email and website marketing. She elucidates the legal obligations businesses need to heed when engaging in marketing through these platforms. Protecting business names and avoiding potential rebranding concerns was also an area of focus, guiding listeners on strategies to safeguard business identities effectively.
Show Summary
In today's episode of the Grow My Accounting Practice Podcast, we have David Cristello, the Founder & CEO of Jetpack Workflow, as our esteemed guest. David delves into the concept and functioning of Recurring Client Management (RCM) Systems, shedding light on what it entails and how it operates. He emphasizes the importance of evaluating workflow platforms that suit different business needs, guiding listeners on the criteria for choosing the most appropriate technology for their entities.
Drawing from his role as CEO of a software development company, David shares insights on staying abreast of cutting-edge technology and the methodologies behind selecting the right technology to build applications. Additionally, he elaborates on the strategic decision to collaborate with Profit First Professionals, outlining the unique benefits and value that his partnership brings to our membership.
This episode promises a deep dive into Recurring Client Management Systems, technology evaluation strategies, and the significance of partnerships in enhancing business practices. David's expertise and perspective will provide invaluable insights for accounting professionals and business owners seeking effective workflow solutions.
Website:
jetpackworkflow.co
LinkedIn:
https://www.linkedin.com/company/jetpackworkflow/
Twitter:
https://twitter.com/jetpackworkflow
Facebook:
https://web.facebook.com/jetpackworkflow
Corporate Partner:
Show Summary
In this episode of the Grow My Accounting Practice Podcast, our guest, Donna Leyens, President and co-founder of Pumpkin Plan Your Biz, explores the realm of Business Growth Coaching. Donna delves into the challenges faced by business coaches, emphasizing the need to avoid reinventing the wheel for each client, which can lead to inconsistent outcomes and advisor burnout. She highlights how many small businesses start without a clear underlying strategy, causing them to become stuck in their growth journey. Donna reveals that unlocking business growth becomes more accessible when companies identify and focus on their "Sweet Spot," a state achieved when three vital business elements align seamlessly. When these components harmonize, growth becomes a smoother path to navigate. Donna also introduces the Pumpkin Plan Certification program, which systematizes business growth coaching, enabling advisors to consistently deliver successful results to their clients without the need to reinvent the wheel every time.
Website:
https://pumpkinplanyourbiz.com
Email Address:
Donna@PumpkinPlanYourBiz.com
Twitter Handles:
@DonnaLeyens
@PumpkinPlanBiz
Facebook:
https://www.facebook.com/Pumpkin-Plan-Your-Biz-105297761307094
LinkedIn:
https://www.linkedin.com/company/pumpkin-plan-your-biz
https://www.linkedin.com/in/donna-wolf-leyens-mba/
Corporate Partner:
Show Summary
In today's GMAP podcast episode, Chris Burns, the founder of Your Cyber Team, delves into the critical topic of selecting the right cybersecurity partner as your paramount business decision for 2024.
He underscores the mounting intricacy of cyber threats, emphasizing the importance of a robust defense strategy. Discussing the evolving regulatory landscape, he highlights the need for businesses to stay compliant and navigate legal requirements effectively.
Chris delves into the substantial financial and reputational consequences of cyber breaches, underscoring the dire need for proactive cybersecurity measures.
He emphasizes that cyber resilience is no longer optional but a fundamental business imperative, asserting the significance of future-proofing and scalability in safeguarding an organization's digital assets against evolving threats and challenges.
LinkedIn:
https://www.linkedin.com/in/chrismburns/
Instagram:
@yourcyberteam
TikTok:
@yourcyberteam
Corporate Partner:
Show Summary
In this episode, John Briggs, owner of Incite Tax, joins the "Grow My Accounting Practice" podcast. The discussion dissects prevalent myths hindering business growth, offering insights to debunk these misconceptions and facilitate sustainable growth.
Addressing the issue of burnout, John provides practical tips for business owners teetering on the edge, emphasizing self-awareness and proactive strategies to combat burnout effectively. The importance of balancing stressors and self-care was underscored, emphasizing a balanced approach to mitigate burnout risks.
John shares three actionable tips to proactively avoid burnout—prioritizing self-care, setting clear boundaries, and leveraging technology for efficiency. The conversation extends to recognizing burnout across industries, highlighting the need for tailored strategies and support systems for professionals in various sectors.
This episode equips listeners with valuable insights to navigate business growth while preserving personal well-being. Dispelling myths, identifying burnout signs, and implementing effective strategies are essential for a successful and fulfilling entrepreneurial journey.
Websites:
https://incitetax.com
Facebook:
https://www.facebook.com/incitetax
Twitter:
https://twitter.com/incitetax
Pinterest:
https://www.pinterest.com/incitetax/
LinkedIn:
https://linkedin.com/company/incitetax
YouTube:
https://youtube.com/incitetax
Instagram:
https://instagram.com/incitetax
TikTok:
https://www.tiktok.com/@incitetax
Corporate Partner:
Show Summary
In this episode of the Grow My Accounting Practice Podcast, we were joined by James Masotti, the owner of Our Team Accounting. James discusses the strategic decision to acquire a bookkeeping company and how it aligns with their growth vision. He shares insights from the first 90 days post-acquisition, emphasizing the smooth transition and integration strategies.
One highlight is the adoption of Profit First, a transformative financial management approach, and its positive impact on Our Team Accounting. James also touches on implementing the Entrepreneurial Operating System (EOS) for efficient operations and how it enhances productivity and accountability.
James emphasizes the significant role of a positive organizational culture, underscoring its value in talent retention and business success. Overall, the episode provides valuable insights into financial methodologies, operational frameworks, and the importance of fostering a strong culture in accounting practices.
Websites:
LinkedIn:
https://www.linkedin.com/in/jamesmasotti/
Instagram:
https://www.instagram.com/james_masotti/
Twitter:
https://twitter.com/JamesMasotti
Corporate Partner:
Show Summary
In this episode of the Grow My Accounting Practice Podcast, we have Alison Lukin from Officially Social as our guest, delving into critical aspects of marketing and social media strategies for small businesses.
The episode begins with an exciting partnership announcement with Profit First. This partnership provides a valuable opportunity for aligning business strategies with Profit First principles.
A major focus is on the evolving landscape of social media and marketing budgets for small businesses. Alison highlights the recent trend of budget reductions and discussed strategies to navigate this challenge while maintaining a robust online presence.
Alison emphasizes Officially Social's custom quality content calendars, addressing budget constraints while delivering tailored, high-quality content—a solution for businesses aiming to enhance their social media presence effectively.
Furthermore, the discussion explores the creation of branded calendars for businesses, including Profit First Professionals, offering a unique branding opportunity while providing valuable content to the audience.
The episode also touches upon the transformative changes in social media over the past year, from shifting formats to evolving algorithms. Alison provides insights into the adjustments necessary for small business owners to stay relevant and succeed in this dynamic online landscape.
Lastly, the conversation delves into the realm of artificial intelligence (AI) in social media, discussing leveraging AI for strategic advantages and highlighting potential risks. The discussion offers a balanced perspective on using AI as a powerful tool for growth, emphasizing the need for cautious and informed utilization.
Overall, this episode provides a wealth of knowledge and actionable insights, covering vital aspects of marketing, social media, and the strategic collaboration with Profit First, offering a holistic approach to financial and online success for businesses.
Websites:
Corporate Partner:
Show Summary
In this episode of the Grow My Accounting Practice podcast, we had the pleasure of hosting Laurence Whittam, the Founder and Managing Director of Impact Global Solutions. With extensive expertise in outsourcing, specifically tailored for accountants and businesses seeking to optimize their client management processes, Laurence shared valuable insights and experiences.
The discussion begins by delving into the origins of Impact Global Solutions and its fundamental mission. Laurence shed light on why he founded the company, underlining the drive to create a platform that simplifies and enhances outsourcing for businesses, especially in the accounting sector.
One of the focal points of the conversation is the exploration of the manifold benefits tied to outsourcing. Laurence elucidates the advantages that businesses can derive from efficient outsourcing practices, emphasizing the potential for increased efficiency, cost-effectiveness, and the ability to focus on core competencies.
However, outsourcing isn't without its challenges, and Laurence didn't shy away from addressing them. He outlines some of the most common hurdles that businesses encounter when engaging in outsourcing, providing valuable insights to navigate and mitigate these challenges effectively.
Determining the right time for a business to transition into outsourcing is another key area of discussion. Laurence shares his expertise on the readiness indicators, enabling businesses to recognize when they are primed for the outsourcing journey, ensuring a seamless integration into their operations.
Lastly, Laurence offers a glimpse into the future, discussing emerging trends in the outsourcing landscape. He explores how the dynamics of outsourcing are evolving and predicts future trends that businesses should be aware of to stay ahead of the curve.
Overall, this episode provides a comprehensive understanding of the world of outsourcing, offering listeners key takeaways to consider when contemplating or optimizing their outsourcing strategies.
Websites:
https://www.linkedin.com/in/laurencewhittam/
Corporate Partner:
Show Summary
In this episode, we are delighted to welcome Fady Hawatmeh, as our esteemed guest. Fady brings a wealth of experience and insights to the table, making this episode a must-listen for anyone interested in the world of finance and AI.
Fady's journey in the financial world is both inspiring and informative. He started by running an outsourced CFO firm, gaining hands-on experience in managing the financial aspects of various businesses. One of the key highlights of his career is his unwavering determination to leverage AI in financial models, even when many skeptics believed it was impossible. Fady's resilience and vision paved the way for the successful launch of Clockwork AI.
Beyond his professional accomplishments, Fady's upbringing in a family-owned restaurant instilled in him a deep appreciation for the value of hard work and dedication. This foundation has undoubtedly contributed to his success in the financial industry.
Fady's expertise also extends to his role as CFO and COO of a venture-backed seed stage company, where he played a pivotal role in scaling the company to Series A funding. His ability to navigate the complexities of financial growth strategies is a testament to his proficiency in the field.
One of the remarkable aspects of Fady's entrepreneurial journey is his four-year bootstrapping of Clockwork AI before securing venture capital funding. This commitment to self-sufficiency and determination to build a strong foundation for his company showcases Fady's strategic thinking and dedication to his vision.
In this episode, Fady shares valuable insights into the world of AI in finance, the challenges he faced, and the lessons he learned along the way. His story is a testament to the power of persistence, innovation, and a strong entrepreneurial spirit. Tune in to gain a deeper understanding of how AI is transforming the financial landscape and how Fady's journey can inspire your own path to success.
Websites:
https://www.clockwork.ai/
Podcast:
Corporate Partner:
Show Summary
In this insightful episode of the Grow My Accounting Practice podcast, we have the privilege of hosting Rhamy Alejean, founder of People Processes. The discussion primarily focuses on People Processes' partnership with Profit First Professionals and delves into essential HR aspects.
Rhamy illuminates when it makes sense for businesses to invest in HR. He emphasizes the pivotal role HR plays in a business's growth and when it's advantageous to consider establishing or enhancing an HR department.
The conversation then shifts to practical insights on implementing an efficient HR department. Rhamy provides valuable strategies for building and sustaining a high-performing HR team.
Key functions that HR should handle are also highlighted by Rhamy, shedding light on HR's multifaceted responsibilities beyond traditional personnel management.
This episode concludes by addressing contemporary HR topics. Rhamy discusses the significance of AI policies, navigating the return to work, ensuring compliance in fully remote companies, defining organizational culture, and effectively training future leaders.
Rhamy's expertise from People Processes, combined with Profit First Professionals' financial acumen, presents a powerful partnership for businesses aiming for comprehensive success. This episode offers invaluable insights into the dynamic intersection of HR and financial management, providing listeners with actionable takeaways for business growth and sustainability.
Websites:
peopleprocesses.com
Corporate Partner:
Show Summary
In this episode of the Grow My Accounting Practice podcast, we were honored to have Profit First Professional RJon Robins as our guest, who has recently unveiled his book, Profit First For Lawyers.
RJon illuminates that Profit First For Lawyers, while tailored to legal practitioners, holds relevance for a wide audience. Its financial strategies extend beyond law and can benefit any business aiming for increased profitability and stability.
The discussion turns to advising others, raising the question of recommending the book to legal advisors. By enhancing financial acumen, this book can empower lawyers to provide even better service to their clients.
Exploring the concept of How To Manage A Small Law Firm, RJon unveils this initiative he co-founded. The venture empowers small law firms with practical strategies for effective financial management.
Leveraging his extensive experience, RJon outlines common financial pitfalls faced by small law firms and businesses. He underscores the importance of a structured financial approach to avoid these repetitive mistakes.
RJon's personal journey with Profit First showcases how implementing its principles transforms not only his business operations but also his personal financial well-being.
Amid intriguing revelations, RJon shares an amusing anecdote about his team launching a podcast on his behalf while he was abroad. He discovers this endeavor on stage in front of a large audience, realizing that his podcast was already five episodes deep.
Websites:
http://www.howtomanagesmalllawfirm.com/
Corporate Partner:
Show Summary
In this engaging episode, we sit down with Mike Milan, a dynamic expert in business coaching and advisory services. Mike shares his journey and insights, touching on key points that have shaped his path in the world of accounting and coaching.
Mike delves into the exciting partnership between Profit First and his advisory programs, discussing the natural alignment between the two programs and the enhanced value they bring to businesses. He also reflects on his personal evolution from skepticism about coaching programs to embracing them as powerful tools. Mike highlights how a structured process can streamline and enhance business practices, bridging the gap between academic mathematics and practical application.
As he discusses his transition from a traditional role to becoming a full-time coach, Mike shares how he identified the needs of business owners and developed services that resonated with them. He introduces the Clear Path To Cash Professional program, an end-to-end advisory services program designed for implementation within 90 days. Mike elaborates on its structure and the transformative benefits it offers to business owners.
Join us for an enlightening conversation with Mike Milan as he shares his insights, experiences, and the innovative strategies that are shaping the future of advisory services in the accounting industry. Tune in to gain valuable perspectives on how to elevate your accounting practice and provide exceptional value to your clients.
Websites:
https://cashflowmike.com
Facebook:
https://www.facebook.com/groups/theclearpathtocash
Instagram:
https://www.instagram.com/thecashflowmike/
Corporate Partner:
Show Summary
On today's episode of the Grow My Accounting Practice Podcast, we are joined by the insightful Crista Grasso. Throughout the conversation, she delves into several crucial topics that resonate with entrepreneurs looking to enhance their business practices.
Crista begins by shedding light on the major culprits behind wasted time and reduced profits within a business. She emphasizes the significance of streamlining processes and eliminating unnecessary complexities, allowing entrepreneurs to regain valuable resources.
The concept of a business being "lean, luxe, and leveraged" takes center stage as Crista discusses the importance of sustainable scaling. She highlights how adopting this approach can lead to efficient growth and heightened profitability, while also enhancing the overall experience for both clients and team members.
Navigating the challenging phase between $500k and $5m in revenue, often referred to as the "messy middle," presents unique obstacles. Crista points out common blunders entrepreneurs tend to make during this critical stage of scaling. By identifying these pitfalls, entrepreneurs can make more informed decisions and chart a successful path forward.
An innovative strategy that Crista introduces is the concept of lean strategic planning. Tailored specifically for small businesses, this approach contrasts with traditional planning methods. It empowers businesses to adapt quickly to changing circumstances and seize opportunities with agility.
Lastly, Crista emphasizes the essential role of a SOL (Strategy and Operations Leader) in the scaling process. She explains how having a dedicated individual in this role allows the business to grow without solely relying on the founder. This strategic delegation ultimately leads to a more sustainable and autonomous scaling process.
In this engaging podcast episode, Crista Grasso offers a wealth of insights for entrepreneurs seeking to optimize their business operations, navigate the challenges of scaling, and create a foundation for long-term success.
Websites:
https://www.leanoutmethod.com
http://leanoutpodcast.com
https://www.leanoutmethod.com/waste
Instagram:
http://instagram.com/cristagrasso
Corporate Partner:
Show Summary
Join us on the latest episode of the Grow My Accounting Practice Podcast featuring special guest Stacy Tuschl, a business dynamo who transformed her backyard startup into a multi-million-dollar enterprise. Tune in as Stacy shares her insights on creating a highly efficient remote team. Here's a sneak peek into our conversation:
🔹 Avoiding Micromanagement: Discover effective strategies to lead your team without stifling their autonomy.
🔹 People First Leadership: Stacy elaborates on the concept of People First leadership, explaining how it can revolutionize your team dynamics.
🔹 Building Trust: CEOs often struggle with delegating tasks. Stacy offers actionable steps to foster trust among your team members.
🔹 Boosting Team Efficiency: Uncover Stacy's valuable tips and tools for optimizing your team's performance.
🔹 Hiring and Scaling: As your business grows, learn from Stacy how to successfully hire, train, and maximize the potential of your dream team.
Don't miss out on this insightful episode where Stacy Tuschl guides us through the art of creating a streamlined and productive remote team. Tune in now and transform your team dynamics for the better!
Websites:
https://stacytuschl.com/
www.welloiledoperations.com
Podcast:
https://stacytuschl.com/podcast/
Pinterest:
http://www.pinterest.com/stacytuschl
LinkedIn:
http://www.linkedin.com/stacytuschl
Instagram:
http://www.instagram.com/stacytuschl
Facebook:
https://www.facebook.com/stacytuschl
Corporate Partner:
Show Summary
In this captivating episode of the Grow My Accounting Practice (GMAP) podcast, we sit down with the brilliant and resilient Michelle Grecni, owner of East Coast Tags LLC and Brevard Screen Printing. Michelle's entrepreneurial journey is marked by overcoming burnout, finding solace in a supportive community, achieving profitability, mastering social media marketing, and excelling in the screen printing industry.
Michelle opens up about her personal experience with burnout, a challenge that many entrepreneurs face. She shares valuable insights on recognizing the signs, coping strategies, and the importance of prioritizing self-care to maintain a healthy work-life balance.
As a business owner, Michelle knows firsthand the loneliness that can accompany entrepreneurship. She delves into the significance of building a strong community of like-minded individuals, both for emotional support and to exchange valuable ideas and knowledge.
With her vast expertise, Michelle unveils the secrets behind turning her ventures, East Coast Tags and Brevard Screen Printing, into profitable and thriving businesses. She sheds light on the strategies and mindset shifts that propelled her companies to success.
Social media marketing is a powerful tool for business growth, and Michelle is a master in this realm. She shares her top tips and tricks for leveraging social media platforms effectively, allowing businesses to reach and engage with their target audience authentically.
Lastly, Michelle takes us through the world of screen printing, explaining the intricacies and nuances of this craft. She showcases the creative process behind her unique apparel designs and the challenges and triumphs of running a successful screen printing division.
This episode is a treasure trove of wisdom for entrepreneurs and business owners seeking inspiration, practical advice, and camaraderie on their journey to success. Tune in as Michelle Grecni reveals her remarkable story and the lessons she's learned along the way on the GMAP podcast.
Websites:
https://www.eastcoasttags.com
Instagram:
https://www.instagram.com/eastcoasttags/
https://www.instagram.com/michellegrecni
TikTok:
https://www.tiktok.com/@eastcoasttags
Corporate Partner:
Show Summary
In this insightful episode, we are honored to have Patty Block, a seasoned expert in empowering women business owners and helping them achieve success in their ventures. Patty delves into crucial topics that resonate with both women entrepreneurs and accounting professionals alike.
Talking Points with Patty:
1️⃣ Challenges Women Business Owners Face: Patty sheds light on the biggest challenges faced by women in the business world. From navigating gender biases to achieving work-life balance, Patty provides valuable insights into empowering women to overcome these hurdles.
2️⃣ Unraveling The Broken Cookie Effect®: Patty introduces us to The Broken Cookie Effect®, a concept that impacts many women in business. Learn how this phenomenon can influence decision-making and discover strategies to break free from its constraints.
3️⃣ Preparing for Business Exit: Thinking about exiting a business can be overwhelming. Patty shares the primary challenges business owners face when contemplating an exit and offers guidance on how to approach this critical phase effectively.
4️⃣ The Path to Exit Readiness: What does it mean to be "exit ready"? Patty explains the essential steps and considerations to ensure a smooth and successful transition when the time comes to exit your business.
5️⃣ Unique Challenges for Accountants and Bookkeepers: Accounting professionals face distinctive challenges in their practices. Patty explores these challenges and suggests ways to navigate them effectively while delivering top-notch service to clients.
Join us for this engaging episode, where Patty Block imparts her wealth of knowledge and empowers women entrepreneurs to thrive in their businesses while providing valuable insights for accounting professionals.
🔊 Don't miss this episode! Tune in now to grow your accounting practice with Patty's invaluable expertise. 🔊
Discover Your Exit Readiness Index:
https://theblockgroup.net/exit-readiness-index
Websites:
https://www.theblockgroup.net/
Facebook:
https://www.facebook.com/patty.block/
LinkedIn:
https://www.linkedin.com/in/pattyblock/
Books:
http://www.yourhiddenadvantage.com/
Corporate Partner:
Show Summary
Welcome to the latest episode of the Grow My Accounting Practice podcast, where we sit down with Kelley Brubaker, a seasoned CPA and owner of Profit Scale Thrive. Kelley shares her journey of being self-employed for almost 20 years and the challenges she faced in providing services she didn't enjoy due to her aversion to sales and rejection.
During the episode, Kelley talks about her conversations with Ron Saharyan regarding the "Value Starts with Hello" framework. Implementing this approach gave her newfound confidence while engaging with potential clients, as she had unique and compelling questions that set her apart from other advisors and coaches.
Kelley's mindset shift regarding sales calls came after a conversation with fellow PFP Tara Newman, who introduced the concept of "curiosity calls" as an alternative to traditional sales calls. This change in terminology empowered Kelley to approach initial client conversations with a fresh perspective.
The podcast delves into how Kelley combined the "Value Starts with Hello" framework with "Curiosity Calls," leading to a powerful and effective approach in client interactions.
Kelley also shares her organizational strategy, utilizing the app "Fellow," to create agendas, take private notes, and make to-do lists during meetings. She developed a template agenda that encompasses the entire "Value Starts with Hello" framework, highlighting her favorite questions while leaving room for backup questions. This enables her to conduct thorough research before the call and document critical details directly on the agenda, keeping her notes readily accessible during discussions.
Join us in this insightful episode as Kelley Brubaker shares her invaluable experiences, strategies, and transformational approaches to client interactions as a CPA.
Websites:
https://www.profitscalethrive.com/
Facebook:
https://www.facebook.com/profit.scale.thrive
LinkedIn:
https://www.linkedin.com/in/kelleybrubakercpa/
YouTube:
https://www.youtube.com/@profit.scale.thrive
Corporate Partner:
Show Summary
In this episode of the Grow My Accounting Podcast, Annette de Lancey, a seasoned expert in manufacturing business ownership and management, shares valuable insights. She highlights the stark differences between service and manufacturing businesses, emphasizing the importance of profitability for growth and scalability. Annette's expertise covers both in-house manufacturing and outsourcing, providing listeners with a comprehensive understanding of the industry.
Annette delves into the unique challenges and opportunities when working with manufacturing clients, emphasizing the significance of effectively managing costs and optimizing profit margins. She highlights the critical role of the cost of goods sold (COGS) in manufacturing operations and how it impacts financial health.
Additionally, Annette discusses the value of collaboration, showcasing her successful partnership with Jason Snyder, a PFP Mastery Member, in creating a captivating livecast/podcast. Together, they explore unconventional promotional opportunities that can help manufacturing businesses stand out.
Tune in to this episode of the Grow My Accounting Podcast to gain valuable insights from Annette de Lancey on navigating the manufacturing business landscape. Her expertise and practical advice will equip accounting professionals and business owners with the knowledge needed to thrive in this specialized industry.
Websites:
www.castcoverz.com
www.shemakesproducts.com
Corporate Partner:
