Jeff Borschowa has created a nine-part webinar series based on his book series, 8 Pillars for Exponential Business Growth. The introductory webinar introduces the concept of the 8 Pillars and offers a high level overview. The intent is that participants can attend the introduction in order to highlight specific pillars that they may wish to focus on next.
Inefficiency strangles business growth. Plain and simple, there are several obstacles that each and every bookkeeping or accounting business must overcome if they intend to successfully grow. This is an introductory webinar to implement the 8 Pillars for Exponential Business Growth in either an accounting practice or bookkeeping business. The 8 Pillars include:
1. Operational Efficiency - Rapid growth in a firm has an interesting way of revealing problems in the underlying business model. We will explore improving efficiency by digitizing data, implementing a project management mindset, automating workflow, and by determining if an alternative staffing model can assist you.
2. Marketing and Networking - Marketing encompasses all activities that encourage a prospect to contact you in the first place. Are you getting results for your efforts? Networking, when done correctly, can be a highly effective way to deliberately build your accounting practice with quality clients.
3. Sales - The sales process focuses on closing deals, signing up new clients, and maintaining relationships with existing clients. Basically, this is the activity that converts your marketing leads and prospects into paying clients.
4. Niche Development - Niche development is the intersection between marketing and sales and, arguably, the foundation for both. What is your ideal client?
5. Value Pricing - The traditional model of billing for services is based on a single formula: hours worked multiplied by an hourly rate is equal to the fee to be billed. This formula creates an inherent conflict of interest between you and your clients.
6. Technology - Technology offers some very exciting opportunities if leveraged correctly. Cloud solutions, in particular, offer opportunities for dramatic gains in efficiency and accuracy. By embracing cloud solutions and giving careful consideration to your actual Information Technology needs, you can see dramatic cost decreases and significant efficiency gains.
7. Value Added Services - Providing good services at fair prices will earn you trust and loyalty from your clients. The great news is you can leverage this relationship to identify client issues and offer more in-depth solutions.
8. Practice Management - The best run firms focus on key performance indicators in order to determine areas that need improvement. Monitoring business results and seeking improvement are critical aspects of working on your business.
The intent of the first learning webinar is to demonstrate the importance of the 8 Pillars to growing a bookkeeping business or accounting practice. We will cover details in subsequent webinars. We will also discuss action items that you can implement immediately in order to start building your accounting practice or bookkeeping business.
By the end of this business growth course, you will:
We will cover each of these at a high level in this bookkeeping course & webinar. You can visit http://www.businessevolutioneducation.com/dream-practice/8-pillars-webinar-series to learn more about each of the Pillars and to watch previously recorded events.
Jeff Borschowa has created a nine-part webinar series based on his book series, 8 Pillars for Exponential Business Growth. The introductory webinar introduces the concept of the 8 Pillars and offers a high level overview. The intent is that participants can attend the introduction in order to highlight specific pillars that they may wish to focus on next.
Inefficiency strangles business growth. Plain and simple, there are several obstacles that each and every bookkeeping or accounting business must overcome if they intend to successfully grow. This is an introductory webinar to implement the 8 Pillars for Exponential Business Growth in either an accounting practice or bookkeeping business. The 8 Pillars include:
1. Operational Efficiency - Rapid growth in a firm has an interesting way of revealing problems in the underlying business model. We will explore improving efficiency by digitizing data, implementing a project management mindset, automating workflow, and by determining if an alternative staffing model can assist you.
2. Marketing and Networking - Marketing encompasses all activities that encourage a prospect to contact you in the first place. Are you getting results for your efforts? Networking, when done correctly, can be a highly effective way to deliberately build your accounting practice with quality clients.
3. Sales - The sales process focuses on closing deals, signing up new clients, and maintaining relationships with existing clients. Basically, this is the activity that converts your marketing leads and prospects into paying clients.
4. Niche Development - Niche development is the intersection between marketing and sales and, arguably, the foundation for both. What is your ideal client?
5. Value Pricing - The traditional model of billing for services is based on a single formula: hours worked multiplied by an hourly rate is equal to the fee to be billed. This formula creates an inherent conflict of interest between you and your clients.
6. Technology - Technology offers some very exciting opportunities if leveraged correctly. Cloud solutions, in particular, offer opportunities for dramatic gains in efficiency and accuracy. By embracing cloud solutions and giving careful consideration to your actual Information Technology needs, you can see dramatic cost decreases and significant efficiency gains.
7. Value Added Services - Providing good services at fair prices will earn you trust and loyalty from your clients. The great news is you can leverage this relationship to identify client issues and offer more in-depth solutions.
8. Practice Management - The best run firms focus on key performance indicators in order to determine areas that need improvement. Monitoring business results and seeking improvement are critical aspects of working on your business.
The intent of the first learning webinar is to demonstrate the importance of the 8 Pillars to growing a bookkeeping business or accounting practice. We will cover details in subsequent webinars. We will also discuss action items that you can implement immediately in order to start building your accounting practice or bookkeeping business.
By the end of this business growth course, you will:
We will cover each of these at a high level in this bookkeeping course & webinar. You can visit http://www.businessevolutioneducation.com/dream-practice/8-pillars-webinar-series to learn more about each of the Pillars and to watch previously recorded events.
Author : | Jae K. Shim, Ph.D., CPA |
Course Length : | Pages: 67 ||| Review Questions: 44 ||| Final Exam Questions: 40 |
CPE Credits : | 8.0 |
IRS Credits : | 0 |
Price : | $71.95 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - NASBA Registry |
Technical Designation: | NonTechnical |
Primary Subject-Field Of Study: | Business Management & Organization - Business Management & Organization for Course Id 1488 |
Description : | This course is a primer for aspiring small business owners and entrepreneurs. The course explores step-by-step procedures necessary to set up and manage a small business. Topics include the development of a business plan, market entry strategies, organization and management, financing, internet marketing, software, and critical factors for small business owners and entrepreneurs. |
Usage Rank : | 27586 |
Release : | 2022 |
Version : | 1.0 |
Prerequisites : | Basic Math. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
Small and Mid-size Enterprise (SME) Defined: Types Around the World
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 20-Jan-2023 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | NASBA QAS - Text - NASBA Registry - 1488 |
Keywords : | Business Management & Organization, How, Organize, Run, Small, Business, v12, cpe, cpa, online course |
Learning Objectives : |
Section 1
Section 2
Section 3
Section 4
Section 5
Section 6
Section 7
Section 8
Section 9
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Course Contents : | Section 1: Getting Started Learning Objectives: Introduction Types of Businesses Other Information Sources Buying an Existing Business Determining How Much to Pay for the Business Get Started Business Location Developing a Business Plan Components of the Business Plan Section 1 Review Questions Section 2: Debt and Equity Financing Learning Objectives: Financing Options and Strategies for Small Businesses Debt Financing Equity Financing Leasing Instead of Purchasing Section 2 Review Questions Section 3: Managing Financial Assets Learning Objectives: Working Capital Cash Management Inventory Management and Control Credit and Collection Policy Section 3 Review Questions Section 4: Legal Considerations Learning Objectives: Deciding upon a Legal Structure for the Business Legal Contracts Business Licenses Obtaining a Patent, Trademark, or Copyright Protecting Against Criminal Acts Section 4 Review Questions Section 5: Accounting, Cost, and Financial Analysis Learning Objectives: Internal Controls Accounting Records Financial Statements Financial Statement Analysis Budgeting Costs of a Business Cost Analysis Are You Breaking Even? Choosing the Fiscal Year Section 5 Review Questions Section 6: Taxes Learning Objectives: Individual and Partnership Income Taxes Corporate Taxes Subchapter S Corporation and Limited Liability Corporation Payroll Recordkeeping and Taxes Sales Tax and Other Small-Business Taxes Section 6 Review Questions Section 7: Marketing Learning Objectives: Marketing Research and Planning Product Introduction Advertising, Internet Marketing, Networking and Social Media Marketing Sales Force Pricing Packaging Trade Shows Section 7 Review Questions Section 8: Operations Learning Objectives: Managing the Business Insurance Important Records Computerizing the Small Business Section 8 Review Questions Section 9: Managing Human Resources Learning Objectives: The Recruitment Process Management of Employees Contracting Out Services Section 9 Review Questions Glossary |