Posts by Tracy James
Five Practice Growth Standards
Accounting practices, like all businesses, need to continually grow total fees each year to grow profits.
Read MoreIs Bitcoin Right for Your Business
Should you be accepting payment of Bitcoin for your goods or services?
Read MoreWhat Is the True Value of a Client
Have you really considered the true value of a client?
Read More8 Reasons to Choose an Appropriate Business Structure
One of the most important choices you make when starting a new business, is the type of legal structure you select for your business.
Read MoreAn Overview of the Australian Tax Profession
The accounting and tax market in Australia is massive with over 17 billion of revenue for the year ended 30th June 2015.
Read MoreHow Often Should You Stay in Touch with Your Clients?
All accountants should be in contact with their clients a minimum of 12 times per year.
Read MoreTax Practice vs BAS Practice vs Bookkeeping Practice
Generally tax practices have much higher levels of fee income and owner profits than BAS practices and bookkeeping practices.
Read MoreFour Pathways to Your Own Accounting Practice
Essentially to own and operate your own accounting practice requires two things; experience and a client base.
Read MoreAccounting Practice Acquisitions | Purchasing Clients to Speed Growth
It is possible to expand business rapidly if you have extra funds or can borrow/finance a ‘fee parcel purchase’ or ‘practice acquisition’.
Read MoreThe ATO Director Penalty Regime
Under the ATO Director Penalty Regime, directors have a legal responsibility to ensure that the company meets its PAYG withholding and superannuation guarantee charge obligations.
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