How To Become Your Clients’ Trusted Business Advisor

The off-season can be very stressful for seasonal tax professionals. This month we want to relieve some of that stress by sharing some great ways to create year-round profit for your business. If you missed last week’s post, check it out now to learn how to turn tax preparation into year-round profit. You may already be doing tax related work year-round and still need more income sources. Or you may just need a break from taxes during the off-season! Either way, we’ve got you covered. For the … [Read more...]

A Surprising Niche You Could Fill

When you sink your teeth into understanding the unique needs of one specific niche market, you have the potential to significantly increase your income because you develop a reputation for being the “go-to-guy (or gal)” in that professional space. That’s why last week, we started this series on “specializing as a specialist” and gave you insights about the unique needs lawyers have from their financial planners. Next week, we’ll take a look at what doctor’s need from you and we’ll wrap up the … [Read more...]

Financial Planning For C-Level Executives

Financial Planning

Today, we’re going to talk about financial planning for C-Level Executives. A C-Level Executive’s collective earning potential can easily hover around $500,000 annually. In addition to collecting a very impressive salary, most C-Level Executives also earn bonuses, enjoy profit-sharing rewards and sometimes even commissions.  But don’t be mistaken, while they may be able to run a company to its pinnacle, that doesn’t mean they know how to manage the hefty paychecks they’re collecting. After all, … [Read more...]

How To Turn Your Business Into A Temporary Staffing Agency


Today, we want to follow up last week’s post on renting out your office space by discussing a different type of “subletting.” If you hire employees for the tax season, our guess is that you’ve experienced the frustration that comes with losing employees or being forced to lay them off during the off-season because you simply don’t have enough work for them. But what if, instead of being stuck in a constant yearly cycle of interviewing and hiring great employees only to inevitably lose them … [Read more...]

How To Turn Extra Office Space Into Extra Income


This month's series is all about relieving the financial stress of the off-season by creating year-round income. If you own an office space, or even possibly if you rent one, you could be leaving a lot of money on the table if you’re not subletting or renting it out when you’re not using it. How many hours each week is your office completely empty? If you reduce your hours during the off-season, and especially if you work from home more often, you should consider these … [Read more...]

Financial Planning For The Medical Profession

financial planning

This month we’re taking a closer look at a few types of people who frequently hire financial advisors, and how to take their unique needs into consideration when working on their financial planning. Today we’re going to talk about financial planning for medical professionals. Just like with lawyers and those planning for business succession, there are a lot of things to consider. First, you’ll need to keep in mind that the annual salary of doctors varies a lot depending on their specialty. … [Read more...]

10 steps for creating successful strategic alliances with professionals other than CPAs

This week we’re going to discuss strategic alliances. We know you’re already well aware of the benefit of cultivating these alliances with CPAs but now we want to expand on that. If you limit yourself to only creating relationships with CPAs, you may be missing out on some serious potential cash flow. There is a whole world of professionals out there that you could (and should) be aligning yourself with! From lawyers and insurance agencies to contractors and religious groups, you just never know … [Read more...]

Why You Need To Update Your Job Descriptions

Let’s take a look at job descriptions. Chances are you already have job descriptions for your team. If you don’t, it’s time to write those! Job descriptions are so important for setting expectations and doing performance reviews! Assuming you already have job descriptions, it’s important to keep them current. When is the last time you took a good look at them and updated them based on what your employees are actually doing everyday (rather than just what they were supposed to do when you … [Read more...]

10 Questions to Ask During The Offseason

We did it! We survived another busy tax season! now onto the offseason! Things are finally winding down and you have hopefully just returned from a much needed vacation to somewhere gorgeous. So the all important question is… Now what? What do you do now that the busy season is over to make sure you don’t spend the next 6 months in a fog? Well, there a ton of things you could do, but we’d like to focus this month on one option: Business clean up. The reality is, during tax season, things … [Read more...]

4 Ways to create a predictable referral system

If you were to ask a group of small business owners what their biggest challenge is, the majority of them would admit to struggling with asking for and getting referrals. The good news is: this month we’re breaking this process down for you. We’re going to kick it off this week by telling you exactly what you need to do to take this process of random chance and turn it into a predictable, consistent machine. First, let’s talk about why so many business owners struggle with asking for … [Read more...]