9/1/2015 8 PILLARS FOR EXPONENTIAL BUS INES S GROWTH A - PDF document

9/1/2015 8 PILLARS FOR EXPONENTIAL BUS INES S GROWTH A PRACTICAL GUIDE TO BUILDING YOUR BOOKKEEPING BUSINESS OR ACCOUNTING FIRM What are the 8 Pillars? Pillar 7: Value Added S ervices 1

9/1/2015 Overview • Introduction • Value added services • Leveraging the cloud • Conclusion • Action steps Value Added Services • Cash flow • Proj ect management • Financing Packages • Payment handling • Quarterly updates • Invoicing and collection • Business Mentoring • Management reporting • Wealth Management • Accounting information systems • Succession and transition • Management information systems planning • Paperless consulting • Business brokerage • S oftware selection and • Data management implementation • Controller Leveraging the Cloud • Payroll processing –ADP , Ceridian • External controller – Zoho Books, Wave, and Xero • Payment processing – S tripe or PayPal • Credit and collections - Xero • Cash flow analysis – PlanGuru • Business analysis - ProfitCents 2

9/1/2015 Conclusion • Focus on your ideal client • Offer value added services that they need • Increase profitability • Enj oy greater client loyalty • Enj oy more interesting work Action S teps • Identify unique skills available immediately within your firm. Create value added services to best utilize these skills. • Locate local professionals who offer complimentary services and ask them to work on mutually beneficial proj ects. Contact Us j eff@ dreampractice.ca www.dreampractice.ca 3

9/1/2015 Presented by Jeff Borschowa Growth S trategist Business Evolution Consulting Inc. j eff@ dreampractice.ca 4