Monday, September 28, 2009

What Does Your CPA Practice Have in Common With McDonald’s?

An important criterion for success as the owner/operator of a CPA practice is to see your practice as made up of systems. Like McDonald's, like any business, an accounting practice has to manage, efficiently and consistently, a number of tasks. As the owner/founder, it's your job to make sure systems are in place to do that, for the sake of you, your employees, and your clients.
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<br>You need systems to be able to deliver your accounting and tax services in a predictable and consistent way. All successful businesses and professional practices that I have studied have a "how we do it here" manual, also referred to as a "policy and procedures" manual. Standardize your procedures so that everyone knows what they are and how to do them. These procedures involve production systems for your services, systems to deliver those services, systems to track new clients, systems to hire and train new employees, and the list goes on.
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<br>Documented systems can make a difference to your own time, as a CPA practitioner. Without such systems in place, everything depends on you. If something happened to you, even for a short period, the entire practice would be thrown into chaos. With properly documented systems of management and organization, a key employee (even you!) could leave suddenly, and the practice would not suffer. You could replace the employee with minimal disruption. As new problems come up, you can adjust the systems you have in place to accommodate the needed changes.
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<br>You must think of your CPA practice as a system of systems. Systems of any business can be broken into the following 7 areas:
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<br>Leadership – example of a system is writing and revisiting the vision statement.
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<br>Marketing: This is the analytical/statistical area where you define who your customers are: their income, their general age, their ethnicity, their geographical locations, etc.
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<br>Management: These are systems to manage employees and the facilities.
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<br>Money: The key financial reports and key performance indicators (KPIs) you need to keep track of.
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<br>Lead Generation: CPA marketing and lead generation systems to bring in customers to grow your CPA firm. Various CPA firm advertising tools that you have to get a lead.
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<br>Lead Conversion: Systems, e.g. scripts and the presentation binder you use to convert a lead or prospect to a client.
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<br>Client Fulfillment: This is delivering what you promised. You will have systems for how the work is performed so the service can be delivered consistently and predictably.
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<br>Documenting systems for all the functions of your practice can make hiring and training new employees a smoother and more efficient process. Well-documented procedures can also enhance the client's overall experience, since it makes it less likely that the client will ever be surprised by a seemingly random change in how services are delivered.
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<br>But remember, systems documentation won't do any good if your thoroughly documented systems manual sits in a binder on the shelf and never sees the light of day. If you don't currently have your systems well documented, you will need to do two things: begin documenting your systems or procedures, and, at the same time, begin developing a practice culture that values consistency in systems, so that employees will refer to the documentation when they need to.
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<br>About the Author: Salim Omar, the <a href="http://www.cpamarketinggenius.com" rel="nofollow"> CPA Marketing Genius, </a> is a practicing CPA and founder of the Genius CPA Marketing System, the step-by-step system that shows you how to attract more clients to your CPA practice and increase your income without working more. To receive your <a href="http://www.cpamarketinggenius.com/" rel="nofollow"> FREE Audio CD </a> titled "12 Marketing Secrets – How To Attract Quality Clients", visit <a href="http://www.cpamarketinggenius" rel="nofollow"> CPA Marketing Genius
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Recession in Luton

The UK has been hit over the recent months by the deepest and darkest recession since 1991 – this economic downturn was first thought to be only a 'credit crunch' however, it has quickly turned into something much more.
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<br>Since 1991 the UK has enjoyed a sustained period of economic growth, house prices boomed, unemployment reached its lowest levels for a number of years and the Pound performed well against the likes of the Dollar and Euro. This is now a thing of the past as we brace ourselves for the tough times ahead.
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<br>Luton is based 32 miles north of London, with a population of over 230,000. Unemployment In Luton has increased by 37 per cent in the last year alone. Recession in Luton is not only affecting small businesses but even major businesses. The job losses in Luton are connected to the shutting down of car the industry. Also the downturn in International travel has affected businesses at Luton airport - the airline company EasyJet had to reduce its Luton airports flying programme. Many pilots, cabin crew, ground crew, caterers, etc will be effected in the area as EasyJet relocate its services to other regional airports deemed to be more cost effective by the airline.
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<br>Also another business that has been affected is Luton's major manufactures called SKF. Due to the recession the company had to be shut down for one week to save money and get back on track. The company has a 300 to 400 strong Luton workforce who will be affected by this shutdown and the workforce had to either take the week off as either paid or unpaid holiday. The number of the whole of one city's districts is now unemployed and claiming benefits.
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<br>Luton Council has announced that everyone is affected by the current recession which reassures people that they are not the only ones being affected. Also the government has given some advice to the public telling them that the recession is not only affecting money but recession also causes financial pressure and concerns over job security. This has an impact on your physical and mental health. Also the government has put up different source of information on their website to help the public of Luton. The pages are divided into three sections giving different information; the pages are care, health and well being, personal money matters and business support. The pages are set up so the public could easily get information on what to do and also how to get help if they are affected.
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<br>Both the Government and Luton City Council have realised that the best way to help kick start the economy is to spend! You can help Luton defy the recession simply by spending a small amount of money to promote your business on the internet. The best way you can help would be by promoting your business online with Activ Luton.
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<br>Just a small outlay (less than how much it costs to advertise in the local paper for one night) will purchase advertising space on Luton's best local community town site - spending money to advertise your business on the net will allow more people to see your company and divert more visitors to your website and potentially more customers to your business. With Activ Luton being a local website made for the community of Leeds it will also mean that most people that will come to your site are likely to be local and will boost your local reputation amongst the local people. The visitors to the website can find a huge amount of local information, from shops, to cars for sale, restaurants to eat in, or importantly, up to date jobs in and around Luton.
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<br>By promoting your business on Activ Luton you are potentially helping to put Luton in an even better place to help fight against the recession.
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<br>About the Author: Activ Luton is a complete online guide to Luton and the surrounding areas, to find out more visit <a href="http://www.lutonontheweb.com" rel="nofollow">Activ Luton</a>.
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Have Atlanta’s Best Interior Designer Remodel Your Home

Whether you are looking to change your entire home or just want to make a few changes to a room, you can get help from Atlanta's best interior designer. You can use her interior design catalog to create your own style using Cynthia's interior design ideas, or you can get advice straight from her either by attending a seminar or hiring her to redo your home. The choice is yours, and it really all depends on what you want to do.
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<br>If you are just looking to add a little North Georgia décor to your home, you might just want to browse through Cynthia's interior design catalog. She has a wide selection of accessories that you can use to create a new French Country feel to any room such as curtains and clocks that really stand out. The bright colors and unique designs that Cynthia has chosen for her collections make her pieces the highlight of any room while their rustic design keeps the warm and welcoming feeling that a home should have. You might even find that once you have started down the French Country décor path you can't stop there with interior decorating.
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<br>Fortunately, you can also find a wide selection of furniture for every room in Cynthia's catalog. The pieces of furniture she has chosen come from the best craftsmen and takes a room from ordinary to extraordinary. You can pick from one of the amazing dressers that she has in her catalog, some of which are even hand painted for that extra personal touch. Her bed frames are classic designs that make every bed enticing, and the bedding she has to match will make it hard to ever leave the bedroom. You'll also find beautiful tables and chairs that work either in the living room or dining room and can be the centerpiece that brings the room together. Her bright and unique end tables can liven up any room and provide extra space anywhere you need it.
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<br>The Marble Hill, GA interior designer also has seminars that you can attend to get a better idea of how you can use her collections and other sets to make any Country French style your own. If you live in the area or will be visiting her area soon, you can attend one of her seminars by registering in advance. You should sign up for her newsletter to get a list of the dates that she will have her seminar and also get updates on her new interior design ideas.
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<br>Like many others, you might decide after going to her seminar that she is really the best person for the job of redecorating your home so that it is welcoming and incredibly comfortable. Her rates are well worth it and she can give you advice not only on furniture but also on tiles, carpeting, fabric, and anything else you want to change. She can either give you tips on things you can do yourself, or you can have her team come in and get the job done. Either way, you'll love the way your home feels when you get done.
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<br>About the Author: Shelly Field is an award-winning <a href="http://www.cynthiaaikeninteriors.com" rel="nofollow">interior designer</a> and writer. She is best known for her extensive knowledge of <a href="http://cynthiaaikeninteriors.com/HomeDecor.shtml" rel="nofollow">French Country Interior Designs</a>.
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