While time-based billing systems are as old as time itself, breaking from tradition doesn’t need be hard. Here are some ways to help shift your business from time-based to fixed-fee billing – without losing your sanity.
Practice Management Posts
Accounting firms build reputations on the strength of their financial advice. They counsel clients on improving profitability and efficiency, but how many actually follow their own rules?
If you’re humble enough to learn from those running successful businesses in other industries, the rewards can be considerable. Once you expand your view of the people you can learn from, it’s only a matter of time until you’ll start expanding your business.
In the last few years, new market pressures and fallout from the global financial crisis have seen accounting firms explore more effective ways of doing Read more…
Accountants are set to take on a more business and financial advisory role this year as technology becomes sophisticated enough to log and automate transactions and the Australian Securities and Investments Commission (ASIC) continues its exemption for recognised accountants who may provide advice on a range of financial products.