What is business like for you today? Has business picked up year over year? Have you implemented new technology in your business to meet today’s competitive demands? Does your business run you or do you run it?
This summer, you can participate in a program that Intuit has put together called the Intuit® Practice Excellence Program (IPEP) to offer you a way to find solutions to these questions and more about your business. This program is designed to assist you in putting together a business plan for your own business, share best practices with your peers and stay accountable to your Plan.
Intuit recently surveyed its customers – Accounting Professionals and Small Business Owners. It is an interesting survey and the results can give you some insight into where your peers are investing and spending their time in their practices, as well as what your clients think is important. When putting together a business plan, it is important to know where the current business environment is and how you are addressing it in your own business.
When asked during this survey how important each of the following is when it comes to growing business in the next 12 months, the results were the following:
|Accounting Professionals||Small Business Owners|
|Investing in New Technology||69%||53%|
|Having Access to Industry New &/or Trends||77%||65%|
|Employee Training &/or Professional Development||67%||53%|
|Marketing &/or Advertising||59%||73%|
|Expand Your Range of Offerings||45%||57%|
Some other interesting findings:
To stay competitive, it is important to understand these results and how your own practice stacks up against it to plan for 2011 and beyond. Are there any changes that you think you should consider for your business to remain a going concern, or to break out from the pack and be a Leader in the industry?
To start this process, putting a Business Plan together is the first step – it is not only important to plan for 3-5 years in the future, but it is also important to plan for today, in the next 6 months and even 1 year from now. Taking incremental steps in strategically planning your business is key to accomplishing the growth you want and meeting your business objectives.
This summer, I will be part of the Intuit Practice Excellence Program to assist you in putting a business plan together and help take your QuickBooks® Consulting and Outsourced Accounting Services Practice to the next level!
The time is now to plan for where you want to be this coming year – and in future years with your Practice. You can get in on the ground floor of this program; we are registering for the first two kick-off workshops on the following dates:
More cities will be announced throughout the Summer – if you have a request for this Program to come to your city – you can email firstname.lastname@example.org.
I will be facilitating these workshops this summer as I have coached hundreds of accounting practices (Accounting Firm Partners and QuickBooks ProAdvisors) on how to effectively create and grow a QuickBooks Consulting Practice. In addition, I have grown my own QuickBooks Consulting & Outsourced Accounting Services Practice over the years, as well as selling this practice.
IPEP Resources to get more information:
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