8 ways to wrestle software subscriptions into submission

one question leads to another.

by donny c. shimamoto
intraprisetechknowlogies

budget talks between accounting and information technology departments can get pretty complicated. accountants know budgets; it folks know it. not many people know both.

related: it hardware gets even more complex (great!) | how accounting geeks and techie nerds can play nicely together

but you don’t have to know both if you know the right questions. one area of special concern is budgeting for subscriptions to software.

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women need promotions, not just advice

woman and man executive standing in front of office buildingmen advance 2-to-1 over women without sponsors.

by ida o. abbott
sponsoring women: what men need to know

the benefits of sponsorship are indisputable. having a highly placed sponsor is a distinct career advantage and when competing for top positions it can be a critical differentiator.

more on sponsoring women for leadership: is sponsorship right for your firm? | your protégée needs your feedback |  9 ways to promote your protégée to others | 8 ways to help your protégée focus on career opportunities | 3 ways to initiate informal sponsorship | 3 roadblocks to women and men working together well | fear of sex and rumors inhibits sponsorship | mentor or sponsor? how to distinguish roles | 4 ways women leaders improve firms | cpa firms must ‘man up’ and get women on board

protégées gain career-enhancing opportunities that others do not get, such as: read more →

quote with care when asked for valuation

ed mendlowitz cpa the practice doctor q and a12 issues that might not have been addressed.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i was asked to do a quote on a business valuation for a startup that will be raising money on their second stage financing. how do i quote this?

answer: this is a wide-reaching question and it is not possible to know initially what the client really needs. they could need a valuation, a business plan or a method of bringing in the investor.

here are some of the many issues and variables:
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when ‘quick and easy’ tax season research isn’t

businessman is dialing phone for advicefour reasons not to let one question stop a tax return in its tracks.

by ed mendlowitz
tax season opportunity guide

i keep a few of the one-volume tax guides in my office so i could look up a quick answer when i need to. recently a golf buddy emailed me a question that i thought i could answer quickly. he wanted to know that if he was in the “zero” percent capital gains tax bracket, did that apply to an unlimited amount of capital gains? sounds like a simple question.

more on tax season: 5 personal touches for tax season | consistency simplifies tax season | 11 clear client instructions to make your tax season easier | 3 ways to build a tax season team | have fun this tax season | how to get paid faster this tax season

well i looked it up online and then in three one-volume tax guides. only one source had thorough coverage of the issue. i ended up spending an hour on this “simple” question including my emailed response. nothing is simple anymore.  read more →

mentor or sponsor? how to distinguish roles

business partners smiling in an urban settingplus 18 ways to help.

by ida o. abbott
sponsoring women: what men need to know

the practice of mentorship is well known and well established in today’s workplace. a mentor is someone who helps a more junior person learn, develop and achieve her professional goals.

more on sponsoring women for leadership: is sponsorship right for your firm? | and now, a few words about sex (and 14 tips) | make flexible scheduling work for everyone | your protégée needs your feedback |  9 ways to promote your protégée to others | 8 ways to help your protégée focus on career opportunities | how to start an effective sponsorship … and follow through | 3 ways to initiate informal sponsorship | 3 roadblocks to women and men working together well

mentoring is the process by which the mentor and mentee work together to identify and help the mentee move toward those goals. but sponsorship is intended specifically to promote career advancement. read more →

closed for tax season? looks that way

ed mendlowitz cpa the practice doctor q and aautomation can send the wrong message.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i have an automatic email response and some clients and contacts criticized me for it. i am overloaded during tax season and this takes some pressure off of me. here is the automatic email response i am sending out:

thank you for your e-mail. please accept my apology for this automated response. during tax season, most of my work days are scheduled with appointments and calls. i most always reply to emails and phone calls as soon as i can, usually the same day. replies are slower during the months of february, march and april. thank you for your patience.

answer: that’s terrible!

more practice doctor q&a: 12 must-knows for niche markets | when fees don’t keep up with cost increases  | lowballing and why it (usually) doesn’t work | why the average fee doesn’t matter | how to apply value pricing to bundled services | 6 ways to take a client beyond tax prep | 10 do’s and don’ts for making small business clients happy | client’s difficult daughter balks at bill | 10 ways to get new 1040 clients | tax return reviewer ticking and tying | 23 reasons clients really need you for taxes | 5 time management tips for an overworked accountant | complaining client? no wonder! | pricing, billing, costing: don’t blame clients

you are running a business and tax season is just one part of it although concentrated into a highly intensive, pressure-filled period.

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5 personal touches for tax season

businessman talking on phone in the officeone is a can’t-skip.

by ed mendlowitz
tax season opportunity guide

occasionally accountants lose touch with their clients, especially during tax season. part of this is because of the crush of work, which is compressed into a pretty short period. we sometimes lose sight that we are working on something the clients consider one of the most important things in their lives at that moment.

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4 ways women leaders improve firms

senior businesswoman studying proposalplus 6 market advantages.

by ida o. abbott
sponsoring women: what men need to know

most male leaders today under­stand how important it is to keep high-performing women in the pipeline and help them achieve their potential within the organization.

more on sponsoring women for leadership: is sponsorship right for your firm? | and now, a few words about sex (and 14 tips) | make flexible scheduling work for everyone | your protégée needs your feedback |  9 ways to promote your protégée to others | 8 ways to help your protégée focus on career opportunities | 3 ways to initiate informal sponsorship | how to establish a sponsor-protégée relationship | 3 roadblocks to women and men working together well | why women resist networking and powerful role models | women must see politics as leadership to get ahead | mommy bias persists | different standards, double binds challenge women

these men are genuinely concerned about their firms’ inability to retain and advance the women they hire because having a substantial number of women leaders is a demonstrably significant benefit to the company, while a lack of gender diversity at the top of organizations can be very costly to the bottom line.

in an increasingly competitive market for talent, retaining the best people and placing them in executive roles where they can have the greatest impact is a business imperative. abundant research shows that companies with higher percentages of women leaders and senior-level managers tend to outperform their competitors. read more →

12 must-knows for niche markets

ed mendlowitz cpa the practice doctor q and amake sure you fully understand their needs.

question: i have a couple of clients in a number of industries and when i ask for referrals they tell me they do not want me to handle competitors of theirs, yet i know of many cpa firms that have large amounts of clients in concentrated industries. what am i doing wrong?

more practice doctor q&a: how much should you pay to buy, sell or merge an accounting practice? | is joint representation a conflict? | when large (or any) clients need backup assurances | when is it time to merge? | what goes in a client’s permanent file? | 6 ways to take a client beyond tax prep | 18 ways to blow a partnership opportunity | 6 ways to know what you don’t know | 6 simple steps to impress a prospect | 10 (nearly) painless ways to keep up to date with technology | 10 ways to get new 1040 clients | tax return reviewer ticking and tying | 23 reasons clients really need you for taxes

answer: i’ve had clients tell me that, but i think back to my early jobs and each firm i worked for had industry specializations, so i think the current trend is just a continuation of what has always been done.  i attribute your lack of getting client referrals to an inability to recognize, sell and communicate the advantages of your firm to your clients.

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tax season urgency: it’s a bad thing

six ways to eliminate stress and potential mistakes. by ed mendlowitz tax season opportunity guide urgency creates stress and pressure and leads to mistakes and improper perceptions of the quality of the work. planning and execution reduce urgency. one way … continued

cpa firms must ‘man up’ and get women on board

businesswoman and businessman reviewing a document.beyond mentoring: why sponsoring women for leadership matters.

by ida o. abbott
sponsoring women: what men need to know

smart accounting firm leaders want to be in the forefront of efforts to advance women.

as the global economy continues to become more competitive, firms need to use all the talent they can muster — and more and more of that talent will be women.

more on sponsoring women for leadership: is sponsorship right for your firm? | and now, a few words about sex (and 14 tips) | make flexible scheduling work for everyone | your protégée needs your feedback |  9 ways to promote your protégée to others | 8 ways to help your protégée focus on career opportunities | how to start an effective sponsorship … and follow through | 3 ways to initiate informal sponsorship | how to establish a sponsor-protégée relationship | 3 roadblocks to women and men working together well | fear of sex and rumors inhibits sponsorship | why women resist networking and powerful role models

companies that successfully tap into the full potential of women will be far ahead of their competitors. the key to doing it is to identify women who are likely to succeed and sponsor them so they reach the top levels of leadership. this requires direct per­sonal involvement by leaders, particularly leaders who are men. read more →

how much should you pay to buy, sell or merge an accounting practice?

here are just 19 factors.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i am in process of buying a practice and would like to know how much to pay.

more practice doctor q&a: when fees don’t keep up with cost increases  | when large (or any) clients need backup assurances | 18 ways to blow a partnership opportunity | 10 do’s and don’ts for making small business clients happy | 10 ways to get new 1040 clients | before you even think about selling your practice…

answer: an alternative question is how much to sell it for. this is a complicated issue with many important variables, some of which are:

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