Year: 2018

With all the advancements in technology burgeoning these days, particularly the accounting software for the accounting industry, we can’t help but ask, “Will technology replace accountants?” Will there ever come a time when businesses would no longer need a bookkeeper or an accountant’s help and rely solely on technology? We’d like to believe that’s never going to happen. At least not anytime soon. Bernard Marr of Forbes agrees. He says, “Robots are NOT going to replace all human accountants or bookkeepers.” Instead, he encourages bookkeepers and accountants to work with the machines so they can do more in less time. How then can we make technology work for us? Hubdoc suggests managing and evaluating your accounting workflow. For sure, there are processes you do every day or on a regular…

“So how much do I have to pay for your services?”This is probably one of the most challenging questions we can encounter in our practice. We may have been taught how to keep the books balanced or file taxes on time, but nobody actually taught us how much to charge for our accounting services.Perhaps, some of us were fortunate enough to be mentored by other practitioners, those who have been in the industry for a long time.However…Their pricing scheme may no longer be applicable to our time.So how do you determine how much you should charge for your accounting services fees?Here are three simple steps to follow.Compare pricesProbably one of the first things we do when planning to put up a business is to compare the prices. From this, we…

Finally, here's the last part of our getting more clients series.Referral programsThere are several referral programs you can create for your practice. In fact, from Referral Candy alone, you can get 47 ideas already for your business. These programs are easy to set up and can work for almost anyone.You may also look for services that offer referral programs and partner up with them. There are companies that offer substantial discounts or commission when you refer even just a few clients.The best part of having a referral program is that you barely have to shell out cash. Paying your referrers with goods or services is more appreciated. For an accountant, perhaps offering an hour worth of service or free financial analysis can do the trick.Social mediaDespite all the fake news…

As the title clearly states, this is now the third part of our four-part series about how you can get more clients. If you missed the first two, here’s the first and second five.MeetupsMeeting up with people is one good way to expand your reach. But where do you find people with common interests?Meetup.com may be the answer.Just create your account then start searching for groups you’re interested in. If you can’t find one, you can create a group of your own then wait for others to join.NicheThis method may not be a specific how-to, but choosing your own niche makes it easier for you to find clients.Would you like to work with businesses in the real estate? Law firms? Software industry? It’s your call.The best part of concentrating on…

Here’s the second part of our getting more clients series. If you missed Part 1, you may check it out here.Otherwise, here’s the next five:Free adviceIn a previous post, we shared how adding value to your service attracts more clients. And one of the values you include is offering free advice.Who doesn’t love free stuff?This is especially beneficial if you haven’t established your name yet. Potential clients don’t know yet what you can bring to the table, so giving them free financial advice will get your foot on the door.Some of the places where you can get potential clients are listed in the first part of this blog. Alternately, you can join groups such as Philippine Tax, Accounting and Audit Forum and Tax Help in the Philippines on Facebook.Google My…

We know getting accounting clients is not an easy feat, especially for rookies. So we compiled several tips and tricks that worked for a lot of other accountants that we know and us.What’s more:We made sure this list applies to our local accounting environment. Hence, you’re assured you won’t run out of ways to score accounting clients:Ads (Boost post on LinkedIn)Did you know that LinkedIn gives you $50 you can spend on boosting posts or what we call ads?If you create a page for your service, LinkedIn offers a $50 coupon you can use. With this amount, you can promote your page, your posts, or your website.Just make sure it is optimized for maximum reach and reactions.If you’re not sure how to do it, let the experts guide you. Digital Marketing…

Getting more accounting clients is probably every accountant’s goal. Hence, we have a list of things to include in our practice so we can reach more market. But did you know getting more customers do not really need rocket science? Blake Oliver shares you only have to consider only two criteria: Ease of use Price Before discussing these two points further, let us just clarify that these points are actually the top criteria that business owners ruminate on when choosing who to bank with. But as an accountant, you can also apply these to your practice. Ease of use In the accountants’ world, ease of use may translate to client-friendliness. If you enjoy shopping at a place where the salespeople are mataray or unapproachable, something may be wrong with you.…