Five Essential Practice Metrics

by KirkWard Tuesday at 12:41 pm

Okay, face it: You don’t have as many clients as you want. As much as you’d like to call yourself a professional practitioner, tax expert, or detail-oriented accountant, your main purpose for being in practice is getting clients and earning a buck.

Developing Rainmaker marketing skills will help you achieve that goal. But, if you want to know if all the stuff you are doing is working, you need to track your progress. Here are the five best measures of that progress

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Why No Tax Advice Here?

by KirkWard Tuesday at 12:24 am

Someone recently asked me if I would help them with their taxes.

When I advised them that I wasn’t qualified, they said “You have a website and you had several accounting offices, can’t you help me out a little bit? I only have a 1040 and a few schedules to fill out.” (They turned out to be Schedules A, C, four E’s, and a bunch of D’s. And, oh, they wanted me to do a Cost Segregation Study. After all, I am an accountant.

The first thing that went through my mind was “Why me?” But then I

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Using Checklists To Build Your Practice

by KirkWard Tuesday at 4:05 pm

Many years ago, I subscribed to three trade periodicals for the direct marketing industry. One of those was "Target Marketing," edited by Denny Hatch. Denny is one of the most knowledgeable persons I have ever spoken to on the subject of direct marketing. I subscribe to his newsletter, and if you want your practice building to break you out of the pack of ordinary local practitioners, you should also.

I normally keep quiet about resources like this, because I’m not a very sharing and caring person. When you get to be an old curmudgeon like me, you start to get selfish with your resources. Notice that I didn’t give you the names of the other two resources I subscribed to? Now, breaking this habit is hard, and the only reason I am writing about this secret resource because this week he wrote in his newsletter about something near and dear to this old accountants heart … checklists.

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Will Public Speaking Make You An “Expert?”

by KirkWard Monday at 5:40 pm

Does Public Speaking Make You An Expert?

Probably not. But a better question is “Will public speaking make your clients and prospects THINK you’re an expert?” If that’s the question, then the answer is probably “yes.”

You see, most folks are afraid to stand up in front of a crowd and run their mouth. I’ll bet you are, or were, also. You probably still have reservations, else you wouldn’t be researching the subject and reading this page. Makes you all warm and cuddly inside to know folks can read you like that, doesn’t it?

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Writing To Build Trust

by KirkWard Saturday at 12:44 am

You’re a small business owner and two competing salesmen are pitching you on a shiny new tool (Which we boh know it’s really a shiny new toy, don’t we?)

You can’t tell any difference in the tool,(excuse me, I mean toy) or in the company they represent, or even in the aftershave lotion they wear.

But, you have seen a few articles written by the salesmen.

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Sidenotes

Sunday at 4:15 pm

“Find a hungry crowd and feed them”. This simple principle may hold the key to a profitable successful business. As Accountancy firms are hit by declining revenues; they can seek new revenue sources and strengthen existing ones using Social Networks.

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Sunday at 4:07 pm

Succeeding in your own bookkeeping, accounting or financial practice can take many years and thousands of dollars unless you know the techniques used by the big-time “Rainmakers.” In this series, nationally published retired tax expert Kirk Ward talks about the techniques he used to build multiple accounting and tax practices across the SouthEast.

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