Cheers to a New Year and another chance for us to get it right. – Oprah Winfrey

With the New Year just a couple weeks away, many are preparing to jump-start their businesses with new approaches and strategies.  Last week we introduced the following five tips to help you prepare for a more productive and profitable New Year:

1.    Revamp workplace

2.    Clean up computer files

3.    Revisit damaged relationships

4.    Create a financial forecast

5.    Implement new techniques and services

This week we’ll complete this series by covering the final five tips on preparing your tax practice for a New Year of business:

6. Consider final tax benefits

You’re a tax professional; this one should be a no-brainer.  In fact, you’ve probably already given your clients this tip.  Take advantage of holiday sales to purchase items your business will need next year. They’re deductible and you should easily be able to stock up on furniture, supplies, and other equipment you use in your business.

7. Contact clients

Some businesses send holiday cards or even give gifts.  Whatever you do, it’s important that you remind clients of your services before the New Year begins.  You may also want to take the opportunity to share with them your valuable, year-round tax planning services which can help them lower their tax liability and ultimately save them money.

8. Go green

More and more professionals are looking for ways to lessen the impact of their businesses on the environment.  Consider incorporating a few environmentally conscious techniques that will ultimately save you money in the long run: recycle, look at alternative energy sources, cut back on energy consumption and waste, and consider purchasing a hybrid vehicle.  Some of these practices are accompanied with valuable tax breaks.  That, and it will just make you feel good.

9. Eliminate clutter

No one likes to start the New Year with a messy office.  Give your office a good cleaning before 2009 so that you’re not dreading the paperwork stacked on your desk.  Along with revamping your office, creating a clean and functional workspace will make you more productive.  Not to mention, you may enjoy your work more.

10. Create your New Year business strategy

Every business should evaluate their standing and, based on scrutiny of past performance, create a strategy that will enable their practices to be more productive in the New Year.  As you assess your business’s performance, consider ways you might improve your marketing strategies, networking approaches, and work processes.  From there you can develop a list of resolutions that will make your business more profitable.

Choose the Programs that Will Best Suit Your New Year Needs

Universal Accounting Center has a host of programs designed to help professionals like you enhance their service offerings and grow their practices.  Learn more about these programs by purchasing our special DVD set which includes the following:

Introduction to the Professional Bookkeeper Program

Learn how becoming a Professional Bookkeeper will enable you to enhance your service offerings and remain busy year-round and not just during tax season.

Yes Sample Marketing CD

Learn how to introduce your services to a potential client. Use this to role playing, watch with a prospective client or pass it out.

Start Today and Have Your Own Bookkeeping Service

Learn how to make over $80,000 per year working from home while getting more clients than you can handle. Know how to charge your client so you can afford to take that next vacation while they get such a great deal they will be telling all their friends about you.

The Art and Science of Getting Clients

Learn how to get more clients by using our proven methods.

After watching these videos you’ll have the information you need to select the programs that will benefit your practice and enable you to experience the profitability and growth you desire.  2009 is your year!  Realize your New Year resolutions this time around.  Order this special video library today!

We will open the book.  Its pages are blank.  We are going to put words on them ourselves.  The book is called Opportunity and its first chapter is New Year’s Day. – Edith Lovejoy Pierce

The New Year is a perfect time to enjoy a fresh start for your practice.  As 2008 winds down, you should take some time to reflect, and consider ways to improve your business practices in 2009.  In this two-part series we examine 10 ways to prepare for the New Year and enjoy more productivity and profitability as a result.  This week we cover the first five tips:

1. Revamp workplace

No, you don’t have to redecorate your office.  But we do suggest at least rearranging the furniture.  Giving a workplace a fresh new feel will often inspire better performance.  This is the perfect time to consider a new coat of paint, or if necessary, a new office chair or filing cabinet.  Reflect on items you need to best do your job, and then take advantage of holiday sales to purchase those items your office needs most.

2. Clean up computer files

While we often take the time to clean our workspace in order to present a professional image to clients and other visitors, how often do we clean up our computer files?  Although business associates may not be privy to how messy our virtual desktops may be, it does impact our ability to work efficiently and maintain valuable client records.  Schedule a couple hours during which you can reorder your computer files and back up pertinent information.

3. Revisit damaged relationships

No one performs better while holding a grudge.  Whether they be personal or professional, the holidays present a perfect time to repair damaged relationships.  Take the time to apologize for any real or perceived offenses for which you may be responsible.  You’ll find the holidays are much more enjoyable when you’ve taken the time to iron out misunderstandings with friends, family, and business associates.

4. Create a financial forecast

You’ll have a good idea of what to focus on when you create a financial forecast for the upcoming year.  Especially considering the current economic crisis, your business will do better when you can estimate your income and prepare for any contingencies.  Prepare a budget and consider and implement strategies that will increase your income.

5. Implement new techniques and services

In this day and age, industries change and advance quite rapidly.  Now is a good time to research industry trends and determine how you might alter your business practices in order to keep up with the competition, or better yet, gain that competitive advantage.

Return next week for our final installment in this series when we share the final five of 10 New Year preparation tips:

6.    Consider final tax benefits

7.    Contact clients

8.    Go green

9.    Eliminate clutter

10. Create a business strategy for the New Year

QuickBooks Made Profitable

Consider enhancing your service offerings by using your QuickBooks expertise to generate more clients.  In QuickBooks Made Profitable (QBMP), UAC trains you how to build a wider client base by offering QuickBooks setup, help and consultation services.  Not only that, but you can offer free QuickBooks seminars in order to attract clients who might also find your tax services beneficial.  The QBMP will teach you the following:

• Getting Started Basics
• Setting up a Company
• Working with Lists
• Setting up Inventory
• Selling your Product Invoicing for Services
• Processing Payments
• Working with Bank Accounts
• Entering/ Paying Bills
• Using Other QuickBooks Accounts
• Creating Reports, Creating Graphs
• Tracking and Paying Sales Tax
• Payroll interfaces with QuickBooks
• Estimating
• Time Tracking
• Job Costing

For a minimal initial investment, you can grow your business and bottom line in the New Year.  Be ready for 2009.  Order QuickBooks Made Profitable today!

Many small business owners have made a conscious effort to “go green” by lessening the impact of their businesses on the environment.  Whether big or small, any business can take steps to protect the environment and make their facilities healthier for employees and patrons.  Not only that, but there are considerable tax benefits to be had by the owner of an environmentally conscious business.  Here are 8 things to consider in making your business greener:

1. Review ISO 14001

The International Organization for Standardization has developed a set of environmental management standards called the ISO 14001. It specifies the standards small to large businesses can follow in becoming more environmentally sound.  Including specifications on things such as information security, education and transportation, the ISO 14001 is a great place to start in building your environmental awareness.

2. Recycle

This is an easy step any business can take.  In creating a company recycling policy you can make a big difference in the amount of waste your business expends.  Fortunately, most recyclables can be found in any business:

o   Newspapers

o   Unbroken glass bottles

o   Aluminum cans

o   Some plastics

o   Empty metal cans

o   Mixed paper

3. Look at alternate energy sources

This can be a large investment; but it has big payoffs in the long run.  Whether you are building new facilities for your business or you are considering remodeling current facilities, you should evaluate alternate energy sources that could lessen your impact on the environment.  Solar panels, ground-source heating, wind and waterpower are all options worth considering.

4.  Cut down on energy consumption

Business.gov has many recommendations on making your business more environmentally conscious.  One suggestion they offer is to apply energy-saving tips regarding the use of office equipment.  You can purchase Energy Star qualified products which are more efficient than those available through standard retail.

You can also cut back on energy consumption by using a laptop rather than a desktop computer.  Also consider unplugging office equipment when not in use.  Regardless of what you may have heard, these machines still draw power even when they are off.  Consider using power strips that can be turned off, preventing any phantom energy drains.

5. Consider a hybrid vehicle for your business

If you drive a vehicle for your business you should consider purchasing a hybrid.  Not only could you benefit from potential tax benefits, but you’ll save a tremendous amount in gas.

6. When possible, cut back on your trash

Often we throw away more than is necessary.  Take a look at common items in your trash.  Is there anything you could reuse or repurpose in order to cut back on waste?

7. Rub shoulders with other green businesses

When you interact with other green business owners you will get ideas that you may have been unaware of previously.  You’ll also appreciate the ability one business has to make a difference in preserving our resources.

8. Research government grants

The government offers grants to assist businesses in their efforts to go green.  The Sustainable Development Fund, the Energy Savings Trust, and the Environment Action Fund are just three examples of such grants that can help fund company efforts to make their businesses more environmentally sound.

As a business owner you have many things to worry about, and you may have been avoiding these environmental issues because you don’t think you have the time or money to make a difference.  The truth is taking baby steps over a long period of time can make a substantial difference.  While you don’t have to incorporate all eight tips at once, picking one or two is a great start.  It can also help your employees and your customers better appreciate your efforts to preserve our resources.  And who wouldn’t want to do business with someone like that?

Introduction to the Professional Bookkeeper Program

If you interested in increasing your marketability as well as your environmental consciousness, you should consider The Professional Bookkeeper (PB) Program as an option for increasing your services as well as your bottom line.  This course will teach you everything you need to know about accounting, and more specifically, small-business accounting, because most organizations have less than 500 employees.  Most accounting professionals have been trained in corporate accounting which doesn’t address the unique needs of these small businesses.

Not only that, but in taking this course you could also receive professional certification, evidencing to current and prospective employees your newly acquired expertise and skills.  And if you approach your employer, you may find that they are more than willing to pay your tuition.  To learn more, watch our video “Introduction to the Professional Bookkeeper Program.”  Order the video today or watch it online for free.

References

“Energy Saving Tips: Office Equipment.” Business.gov

International Organization for Standardization – Details the environmental management standards.

Sustainable Build – Descriptions and links about government grants for businesses looking to go green.

Countless individuals have successfully started their own businesses.  Countless individuals have tried and failed.  And even more have done both.  From those who have experienced both the ups and downs and are still around to tell about it, we offer the following advice:

“For us, our most important stakeholder is not our stockholders, it is our customers.  We’re in business to serve the needs and desires of our core customer base.”  John Mackey

“There are a lot of good new ideas out there.  What differentiates companies and makes them great is the execution.”  — Anonymous

“The biggest obstacle to wealth is fear.  People are afraid to think big, but if you think small, you’ll only achieve small things.”  T. Harv Eker

“A brand for a company is like a reputation for a person.  You earn reputation by trying to do hard things well.”  — Jeff Bezos.

“Innovation distinguishes between a leader and a follower.”  — Steve Jobs

“Next to doing the right thing, the most important thing is to let people know you are doing the right thing.” – John D. Rockefeller

“The way to get started is to quit talking and begin doing.” – Walt Disney

What advice will you contribute after successfully starting your own accounting and tax practice?  If you’ve been thinking about taking that leap to entrepreneurialism, now is the time.  A brighter future awaits you.  Universal Accounting Center (UAC) will help you find that future.

A Ready-Made Business

You already have skills in tax preparation.  You are good with numbers and would enjoy managing a business’s financials.  All you need now to become a full-service financial provider are two things: small-business accounting skills and the ability to market those skills.  Once you have both you can start your practice.

The Professional Bookkeeper Program

There are countless small businesses that need a Profit Expert, an accountant who understands their unique needs and can help them make informed business decisions.  A Profit Expert knows how to watch key indicators and use that information to increase a business’s profitability.  A Profit Expert does more than just manage a small business’s books; a Profit Expert plays an integral role in enhancing a small business’s standing and longevity.

Only one program will enable you to become both a small-business accountant and a profit expert.   The Professional Bookkeeper Program is designed to help you take advantage of a key target market: small business owners.  While you may believe that big money is with big businesses, they represent less than 15% of accounting opportunities.  The remaining 85% resides with the small business sector.

Adding accounting services to your menu will enable you to remain busy year-round and not just during tax season.  The quality of your services will also ensure your ability to retain clients.  But in order for your business to succeed you must first secure those clients.

The Universal Practice Builder Program

For over 25 years Universal Accounting Center has trained financial professionals like you in small-business accounting.  In all our years working with accountants, bookkeepers and tax preparers we’ve come to understand that most don’t know how to promote their services to this valuable niche market.  We do!

Not only do we know how to market those services, but we know which strategies and approaches will grow your business to the point where you will become so busy you may have to turn some prospective clients away – that or consider increasing your staff in order to increase your capacity (and your bottom line!).

To share this priceless information we developed the Universal Practice Builder Program.  Here’s just a sampling of what you will gain from enrolling in this phenomenal program:

• A guarantee of $30,000 in new annualized billings in only 12 months
• The skills to become a Profit Expert for each of your clients
• 12 marketing strategies that you can implement immediately
• A process which can produce 15 to 25 qualified leads per month
• 3 months of coaching via telephone and Internet
• Training on a computerized database tracking program
• A presentation DVD to show potential clients
• Training to use QuickBooks to attract more clients
• Access to a plan proven to help retain clients

These two programs will enable you to start your business venture with confidence and ease.  For a minimal initial investment you can become a successful entrepreneur.  Not to mention both programs carry our iron-glad guarantee: if, after completing the programs and applying their principles you feel they did not live up to your expectations, you can return all materials for a 100% refund of all monies paid.  That makes these two programs practically risk-free.

It’s time you invested in your financial future. Take the first step to realizing your dream of becoming a successful entrepreneur.  Enroll today!

What to Focus on When Starting a New Business

There are countless things to think about when starting your new business.  From costs to clients, from office supplies to offices managers, you can waste your workdays worrying about   all of them.  Thankfully, not all of them are created equal, and if you focus on each and every one you will become overwhelmed and unproductive.  You must limit your focus to a handful of issues that require the most attention in order for your startup to succeed:

1. Cash flow.

It’s important that you closely watch cash flow from the very beginnings of your business.  Determine how much money must come in for your practice to be profitable.  Only when you are properly managing cash flow can you know whether your current business efforts are successful.

2. Money-making efforts.

There are a lot of valid tasks you can perform in your business, but in the beginning you should focus much of your time and energy on money-making efforts.  Of course that means you should perform as many billable hours as you possibly can, but in order to have clients for which you can invoice those billable hours, you must first market your services.  If you haven’t yet developed a marketing strategy, now is a good time to decide which techniques you will use to promote your business to your target market.

3. Quality clients.

Especially when it comes to clients you should live by the adage “quality over quantity.”  That may seem counterintuitive because in the beginning you will feel the need to secure as many clients as you possibly can in order to get your business up and running.  But in the long run you will be grateful you spent your time searching for a few regular, high-paying clients rather than a lot of sporadic, delinquent ones.

4. Customer service.

Client retention has a lot to do with the customer service you provide.  When you treat your clients with courtesy and respect, they are more likely to refer you to their family and friends.  Also consider what they most need from a financial provider and do all you can to provide them with those services.  If you can become a one-stop financial shop for your clients, they will often respond with increased loyalty.

5. Hiring good employees.

You may not need to hire employees initially, but when you do you must ensure that you hire well.  Hold out for hard-working, qualified applicants before you make any decisions.  You can lose more time and money revisiting the hiring process because you didn’t hire good employees the first time around.

6. What’s working.

You should expect to make mistakes a time or two as you get started.  In fact, if you’re not making any mistakes it means you’re not taking any risks; you should attend to your mistakes and see what you might learn from them.  In addition, you should focus on what is working.  As you regularly assess your efforts, determine which are most profitable and continue or increase those efforts.

If you are ready to launch your tax practice full-time, you should consider adding accounting services to your menu.  Not only will this attract more prospective clients, but it will ensure you have business year-round and not just during tax season.

The Professional Bookkeeper Program

You want your services to appeal to the greatest number of prospective clients.  Over 85% of the opportunities in the accounting field are within small businesses.   In fact, Universities prepare their students for corporate accounting which doesn’t address small business needs.  Also more than 50% of small businesses fail within the first five years, and much of that failure can be attributed to lack of accounting expertise.  Those small business owners need an accountant who can address their small business accounting needs.

When you enroll in the Professional Bookkeeper Program, not only do you learn small-business accounting, but you are trained how to become a company’s Profit Expert by using that accounting information to help these small businesses make informed decisions that increase their profitability which in turn increases your value to clients.

In less than 60 hours you could earn professional certification that demonstrates your newly-acquired expertise.  You can do all this on your own time and at your own pace.

The Universal Practice Builder Program

You may be surprised to learn that most financial providers struggle, not because they don’t offer quality services, but because they don’t know how to effectively market those services.  For over 25 years Universal Accounting Center has trained financial professionals like you in small business accounting.  In all our years working with accountants, bookkeepers and tax preparers we’ve come to understand how to best market those services.  We help you apply strategies and approaches that will grow your business to the point where you become so busy you may have to turn some clients away – that or consider increasing your staff in order to increase your capacity (and your bottom line!).

Our Universal Practice Builder Program will provide you with 12 marketing strategies that will enable you to secure 15 to 25 qualified leaders per month, a guarantee of $30,000 in new annualized billings in only 12 months, three months of master coaching, and access to a proven plan that will help you retain clients.  Again, you can complete this amazing program on your time and at your own pace.

When you order these two programs together, you increase your service offerings and your ability to market them.  Not only that, but both come with an iron-glad guarantee promising that if, after completing these courses, you feel they did not live up to your expectations, you can return the materials to Universal for a 100% refund.  Not many organizations will back their training programs with that type of guarantee.

Take advantage of this marvelous opportunity to secure your new business venture.  Order now!

5 Steps in Gaining an Edge

Successful businesses must always look for ways to gain a competitive edge.  This does not have to be a lengthy or expensive endeavor.  In fact, in implementing the following five steps, you could find your businesses leading the competition with higher earnings and a larger, more expansive client base:

1. Create a board of advisors.

You will be able to make informed business decisions much more quickly when working with a board of advisors.  To do so, select 3 to 10 individuals with expertise from which you can benefit.  Also select those who would find your expertise equally appealing.  While you are not required to compensate members of your board, the partnership is only attractive if you can offer something in return.  Consider working with legal representatives, business insurance representatives, banking representatives and, perhaps, an accountant.  With a board full of individuals with broad and deep expertise, you’ll find your business better equipped to increase its profitability.

2. Research the competition.

Whether or not you like it, you are competing with other tax preparers for clients.  You offer similar services to a shared target market, meaning you are one of many options from which that target market can choose.

In order to be a good competitor you must know your competition.  How does the competition market their services?  What benefits do they offer?  To which demographic are they marketing?  Are their marketing approaches affective?  You must answer all these questions and more by performing simple research.

First, determine which of the tax preparers in the area are prominent.  Then study their marketing strategies.  Talk with your board and other professionals to see which of these competitors are getting rave reviews and determine why their services are most popular.

3. Practice stellar customer service.

Good customer service doesn’t ensure that you’ll get along with all your clients all of the time.  But it does show them that you’re invested in their satisfaction and will do your best to serve their needs.  And because of that your clients will feel valued. Those valued clients will then become key members of your marketing team, sharing your contact information with friends and family.  And nothing speaks louder to potential clients than a current, satisfied customer.

4. Gain an advantage.

A competitive advantage is gained when you offer your target market something a competitor cannot.  When you market using that competitive advantage, you are able to edge out the competition.  In order to become the premier tax preparer in your area, you must achieve a competitive advantage and incorporate it into your marketing strategy.  The best way to do that is by offering complementary services to your clients.  By adding small-business accounting to your menu, you are able to attract and retain clients interested in working with a full-service financial provider.

5. Forge strategic partnerships

Also called “natural business relationships,” strategic partners are business professionals who share your target market but do not offer competitive services.  They are individuals with whom you can share ideas, advice, and yes, referrals.  But more than that they literally become a work force that buoys your business, enabling you to labor more efficiently and enjoy great profitability.

Strategic partnerships are scalable, meaning that depending on the size of your practice, you must pick professionals who are compatible with your business size and type.  Occupations that correspond well with tax preparation include loan officers, checking representatives, financial planners, insurance representatives, lawyers, etc.  If you were the CEO of a large tax firm then you would try to connect with leaders of organizations that complement your business’s size and prestige.  If you are an independent tax preparer with a handful of clients then you would look to other small business owners or employees of like organizations.

In order to be successful, these strategic partnerships must be symbiotic, meaning they are beneficial to both parties.  Before approaching a potential partner ask yourself the following three questions:

1.  What will they get from this relationship?

2.  What will you get from this relationship?

3.  Are they the type of person who will give you referrals?

Are they the type of individual who will provide referrals?There is no use wasting your time on individuals who are not interested in participating in this type of relationship. While it does not require an abundance of time and energy, it does involve the commitment to meet regularly and help one another.  These questions will enable you to screen those who may not be ready for this type of collaborative effort.

Gaining a competitive edge requires you to do all those things your competitors are not doing.  While the above 5 tips may take time and energy from your busy schedule, they ultimately pay large dividends and place you at the head of the competition.

Start Today!

If you are interested in adding accounting service to your menu, order our DVD, “Start Today and Have Your Own Bookkeeping Service,” and learn everything you need to know to begin.  This video will show you that growing your own accounting practice is achievable, profitable, and easy.  For less than $10 you can discover that adding bookkeeping services to your menu is definitely within your reach.  Order today! Or watch the video online now for free.

Now Is the Time to Decide

When it comes to the future, there are three kinds of people: those who let it happen, those who make it happen, and those who wonder what happened.-John M. Richardson

May the dreams of your past be the reality of your future.-Anonymous

For tomorrow belongs to the people who prepare for it today.-African Proverb

There are four more months left in 2008; how will you use them?

Your aspirations will continue to reside in your future unless you do something about them, today! You can take action to start your own bookkeeping service by enrolling in the Professional Bookkeeper Program. You could be finished in less than 60 days and earn certification that will show prospective clients that you have the expertise necessary to handle all their accounting needs.

One Simple Course

This course is designed to make you a Profit Expert. What’s a Profit Expert? A financial professional who does more than balance books, but also informs clients how to increase their business’s profitability. They are proactive accountants who help their clients make informed business decisions aimed at improving a company’s fiscal health.

In addition to becoming a Profit Expert, the Professional Bookkeeper Program will teach you all you need to know to start and manage a business’s books. Specifically you will learn how to perform small-business accounting tasks. This is remarkable because most accounting programs prepare their graduates to perform corporate accounting; however, more than 80% of accounting opportunities are not with large corporations but small businesses.

There are more than enough local businesses with which to build your client base. They could use someone specialized in those skills that satisfy their unique needs.

In addition to the reasons noted above, there are many more that detail why a bookkeeping service makes so much sense. Here’s a list of some of those reasons:

• Every business is required by law to keep books
• You can earn a good living (the average client will bring in about $300 per month)
• It’s an inexpensive business to start (you probably have most of what is required right now)
• No expensive equipment is required
• You can make money doing what you enjoy
• You can work anytime, any place
• Rented office space is not required
• Inventory is not required

A bookkeeping service is one of the easiest to begin. And to wrap up your training, we will also teach you how to market your new and unique skills. You’ll not only know how to start and manage a company’s books from scratch but also how to acquire those qualified clients that will appreciate your service offerings.

In less than four months you could be ready to start your own accounting practice. Why not celebrate the New Year early by enrolling in a program that will change the course of your future, today?

Our New Years Gift to You

When you enroll in the Professional Bookkeeper Program, we will give you a special gift enabling you to start a more profitable practice: QuickBooks Made Profitable.

Here’s how it works. Nearly 80% of small businesses use Intuit’s Quickbooks software. While other programs may be useful, Quickbooks has definitely captured the small business market. Learning Quickbooks will not only help you keep more efficient records, but it enables you to teach your clients how to use the software so that you can get the information you need, making your job much easier. Add to that the ability to represent yourself as a QuickBooks expert and you’ll be able to attract larger numbers of potential clients. This program will teach you how to leverage your time while saving clients money in taxes and helping them increase their profits. What client wouldn’t be interested in that? We’ll teach you how to use this valuable software package to generate even more clients!

What an offer! After ordering and completing these two programs you will be ready to start the New Year off right.

Don’t delay your dreams any longer. 2009 will be another banner year for the small business. Take advantage of it today! Enroll now!

10 Tips on Working More Efficiently (Part One of a Two-Part Series)

Also called “working smart,” efficient work strategies can makes any small business more profitable as owners determine how to get more done in less time. And as we are in the middle of what some would call a recession, getting more out of your work day could help you and your business fair better during difficult economic times.

In this two-week series we will discuss 10 tips on working more efficiently so that you can eliminate the unnecessary and find more time for billable hours. Here are the first five of 10 tips designed to help you work smart:

1. Clean and organize your workspace

You can waste hours looking for important documents if your office is not clean and organized. While this tip may seem like one designed to lengthen your workday rather than shorten it, you’ll find that setting aside just a few hours to tidy up your office will save you a lot of time in the long run.

And this tip is not for looks alone. You want to ensure that all your files are quick and easy to locate. So don’t just hide them in a box in the closet. Take the time to truly organize your workspace. And once you do, dedicate a few minutes at the end of each day to clean up your office so it doesn’t become unruly once again.

2. Schedule workday around your most productive times

One perk in being self-employed is that you’re not required to comply with a traditional work schedule. This can be incredibly helpful for those who may work better early in the morning or late at night. Determine the times of day you are most productive and schedule your workday around those times.

There’s no use working 9 to 5 if you find you’re most sluggish in the last afternoon. Maybe you could work from 6 to 11am and then again from 8 to 10pm. Ensure your schedule is realistic and works for you and your family. And if your schedule is highly unconventional, make sure you devise a method for contacting clients and colleagues, as their schedules are likely to be more traditional.

3. Establish a routine

Once you determine a work schedule you should develop a routine. Routines can help you work more efficiently. Determine when you will read and respond to email; abide by that routine. Determine when you will call and meet with clients; abide by that routine. While there will definitely be times you must break from this schedule, generally it can help you stay on task and reserve the bulk of your time for billable hours.

4. Hire help

Sometimes it does take money to make money. Some of your more tedious tasks could be accomplished by a part-time employee. While you may need to pay this individual minimum wage or more, think of all the time it affords you to make more money and possibly take on additional clients.

You may find your best employee lives in your home, just a hop, skip and a jump away from your office. When you hire a teenage child to work for your business, you not only equip them with valuable experience and key employability skills, but you also enjoy important tax breaks. As long as the child is under 18 he/she is not only tax deductible, but in a proprietorship they’re exempt from FICA, Unemployment, Workmen’s Compensation, and tax withholding.

5. Consider replacing some paper files with electronic files

Sometimes all that paperwork can bog you down. You may want to consider which files would be easier to manage electronically, eliminating the paper trail as well as making information much more accessible.

By following just a few tips, you could make your business function more efficiently, which will make you and your business more productive, and in turn, more profitable.

Join us next week when we will discuss the following 5 tips for working smart.

6. Perform similar tasks at same time

7. Dedicate more attention to higher-yielding clients

8. Avoid unnecessary meetings

9. Reduce the number of emails you send and receive

10. Be productive and not just busy

UAC Can Help You Work Smarter

Let Universal Accounting Center help you maximize work efficiency. In learning new skills you can enhance your service offerings and become more profitable. Our DVD 4-pack is designed to let people like you discover those skills that can enhance your practice. It includes the following DVD’s:

Introduction to the Professional Bookkeeper Program–Learn how becoming a Professional Bookkeeper will improve your accounting skills and help you in your accounting career.

Yes Sample Marketing CD-Learn how to introduce your services to a potential client. Use this either for role playing, watching it while meeting with your client or passing them out.

Start Today and Have Your Own Bookkeeping Service–Learn how to make over $80,000 per year working from home while getting more clients than you can handle. Know how to charge your client so you can afford to take that next vacation while they get such a great deal they will be telling all their friends about you.

The Art and Science of Getting Clients–Learn proven marketing strategies designed to help accountants market their skills in order to get more clients.

Each of these DVD’s can help you work smarter. Order now and save nearly $25.00 on this valuable set. For less than $20 you can be on your way to a more efficient tax preparation business-or better yet, a more efficient full-service financial practice!

3 Questions That Will Help You Get On-Track

In order for your services to appeal to clients, they must focus on fulfilling their needs. This requires you to be dedicated to running a client-centered practice.

You’re familiar with the importance of good customer service because you yourself patron other businesses. You know what you like, and often the offer of a one-size-fits-all solution for your unique needs isn’t appealing. The same applies to your own clients. They want to feel as if your services are customized to suit their specific needs.

How do you do that? You must regularly step away from your practice and look at it from a client’s perspective. When you do so ask yourself the following three questions:

1. How will these services enhance my business?

Your clients aren’t interested in what you do as much as they’re interested in how it will benefit their business. While you may submit a mean tax return, they would find your ability to save them money in taxes much more appealing. So as you consider your demographic, ask yourself what they really want from you. Once you are able to answer that question, you’ll be better prepared to cater your services to meet their specific needs.

2. How much will it cost me?

While we’d like to think that clients are first interested in your services and second interested in your fees, that’s not always the case. Especially when you’re working with small business owners, they want to save as much money as possible, even when it comes to their taxes. When faced with this issue it’s often most effective to present them a per-project estimate rather than an hourly fee. They imagine those hourly fees adding up much more quickly than they actually do. When they can see how much the entire project might cost them (for example, tax planning by the month or tax preparation by the form), they’re generally more subdued and can see just how valuable your services are.

3. Do you offer any complementary services?

When you’re low on time or too tired to drive around, you can probably appreciate the convenience of a super store that has everything from groceries to pharmaceuticals to clothes to hardware. Your clients are just as interested in convenience as you are, and if you asked them they would probably admit they would prefer to have all their financials managed by the same individual.

Accounting services are the perfect complement to tax services. Not only would your current clients find your new services appealing, but you would be more likely to attract more prospective clients with the convenience of a one-stop financial shop.

The Professional Bookkeeper (PB) Program

When you enroll in the Professional Bookkeeper Program you can master small-business accounting skills in less than 60 hours. With a DVD program designed to help you review key concepts until they become second-nature, this self-paced approach enables you to complete the course on your own time. Not only that, but in addition to learning small business accounting you will also be trained in marketing those skills. After 25 years training professionals in small business accounting we know which marketing strategies are most successful in actually attracting and retaining clients.

Whether you’re a beginner or a seasoned accountant, this course will teach you everything you need to know to service your small business clients. Here is what some of our graduates are saying:

I can’t believe the accounting knowledge covered in four short weeks. I spent years in school and did not get the same education I did this past month… – L.C. Westergard

I knew nothing of accounting before I took this class and now I feel I have a good working knowledge of bookkeeping and starting a business.- S. David

My current clients have recognized the changes and appreciate them greatly. – S. Christensen

You gave a stay-at-home-mom the knowledge and understanding of accounting needed to go out and get work that can be done from home.- I. Snow

In order to best serve your clients you must consider all their financial needs. Once you master small business accounting you can manage their books as well as their taxes. This is incredibly appealing to clients who are looking for a one-stop financial shop. Expand your business before tax season hits again. Enroll in the Professional Bookkeeper Program today.

If It’s Accounting, It’s Universal:

Get to Know More About the Company That Will Change Your Career!

Universal Accounting is a company that is making a difference in the lives of their students! For those who are pursuing or looking into the possibilities of pursuing a career path into the Accounting, Bookkeeping and Tax Preparation services, you need to get to know more about what all Universal offers in their comprehensive training programs.

If you prefer onsite classroom study or looking for the benefits received on independent study, we have developed the programs that you will be able to get the one-on-one experience in your own home. The skills we have used over the course of the last 28 years, with the trial and error, the fine-tuning of accounting methods and strategies, and what we and thousands more have experienced running their own practices – we have provided to you the advantage to stay on top of your profession. Our coursework is designed to be exactly what you will be doing when you are servicing the biggest customer base available, the small business owner.

If you are looking for the knowledge, the skills, and the know-how to start or build your accounting or tax practice, or just looking to gain the essential skills to further your career in your place of business, Universal’s Programs are what you are going to need.

Click here to take the Video Tour of Universal and all that we offer to you, the accounting and tax professional to be the best in your field and to have the success in business and in your professional life that you are seeking.Our exclusive short term courses do just that!

Imagine staying on top of the latest in the industry and having access to the experts who can assist you through training? Imagine what you are learning can be applied the very next day at work? Imagine being able to keep the materials, and the reading for continued referencing as you take that path in Accounting, Bookkeeping and Tax Preparation? You don’t have to imagine too hard, because that is one of the many things you receive when you enroll in these specialized programs! Click here to get to know Universal Accounting.

Are You Ready For The Next Step?
Be in business for yourself, but not by yourself getting paid what you’re worth! Are you tired of thinking, “Why not me?” You have gotten this far in your search to do what you want to in your chosen career, take the next step. The time is now to be able to get the training and the change you desire in your professional life. Click here to find out if Professional Tax Preparation Certification is a fit for you.

Be the Profit Expert Professional for Small Business! Don’t hesitate another day in getting the Accounting and Marketing Training that makes the difference. Click here to get more information on what you need to know about becoming the Profit Center Expert for small business accounting and tax!