I'm Excited to be Featured in Today's Woman’s Advantage Calendar! My advice was selected from over 5,000 quotes submitted, for today’s page of the calendar. This is the fifth year in a row that one of my quotes has been published! Enjoy the calendar page with the quote.... For additional information about The 2015 Woman’s Advantage Calendar visit www.WomansAdvantage.com/calendar
Welcome to the “Practice Management Monthly Recap” edition of my newsletter. So many of you complimented me on the content of the first two editions in this format that this format will become a monthly staple. Today’s edition contains 2 months’ worth of my favorite practice management articles. We’re all caught up now! Practice Management Monthly Recap contains articles that are worthy of your reading, thought-provoking ideas, and “to doing” items. Take 1 idea from just 1 article each month and “do it”. While all the articles are worthy of your reading, the articles at the top of each category, in my opinion, were the best of the best. And here’s one of my tips if
Establishing where free ends and fee begins can be challenging, difficult and even nerve racking! However, learning the art of declining gracefully, when that's really what you want to do, is an essential skill that helps you focus on what's important in your practice. “So, you’re a financial advisor...have any hot stock tips? What should I be buying? Can I take you out for coffee, pick your brain, and get your opinion on my portfolio?” Sad but true, you’re probably shaking your head, rolling your eyes, or chuckling knowingly to yourself. If you only had a nickel for every time someone asked you for free, off-the-cuff advice, right? But be honest — how often do you
Read what 10 experts are saying about the subject here. Here's #9 (from me!) As seen on the My Corporation website 9. “The biggest tip I have regarding taxes is to hire a bookkeeper to update whatever accounting program your firm uses. Depending on the size of your small business, they can arrive at a business weekly, bi-weekly, or monthly. Small business owners are best left to work with clients, vs. do their own bookkeeping. Have the bookkeeper leave you with printed reports that will help you see where your money is going and look at the sales tax, income numbers, and employment taxes for accuracy. It’s so much easier to catch mistakes (yours or theirs!) when you look at the reports
Most financial advisors delay the task of hiring employees because learning about HR processes such as hiring, training, retaining, or firing employees takes time away from working with clients. Implementing HR correctly (and legally) involves learning about various state and federal labor laws in order to set up HR processes, employee forms, and manuals. When you’re ready to grow your firm with the right people and HR is not one of your strengths as an advisor-owner, it’s best to hire a professional HR consultant. The right HR person is worth their weight in gold; while they do their job, you can grow your practice and keep your sanity. HR consultants focus on your hiring needs and protect your organization