The Modern CPA Success Show

“Your mission should be bigger than you can do in your lifetime, but you should never lose sight of it as your North Star. Any decision that we make or any of the things that we’re doing, we ask the question, ‘Is this going to further the joy?’ The joy is interacting with your clients and really feeling like you're making a difference. I want to bring joy to both sides—accountants and clients. How can we make it more positive for both? We do so by finding solutions for our clients’ pain points.” – Kristen Keats The finer details of this episode:Nearshore vs. offshore outsourcingSolving pain points for clientsSolving staffing issues with CadenciaHelping accountants start their own firm through a franchising option Episode resources:Summit CPA website – www.summitcpa.netEmail us with questions – cpa@summitcpa.netCadenciaBreakaway Bookkeeping & Advising (breakawayba.com)Sherwood Tax & Accounting 

“If an organization views human resources as the “HR police” that only values and enforces compliance, it's a disservice not only to HR as a discipline, but to each employee's experience of what work ought to be like.” – John BaldinoThe finer details of this episode:Career mapping vs. one career mapHuman resources as a service, not a departmentBoomerang employees and adding skillsets for opportunities  Episode resources:Summit CPA website – www.summitcpa.netEmail us with questions – cpa@summitcpa.netHuman Resources Outsourced, and more. - Humareso

“Ideally, we like to work with clients three to five years before they sell. A lot of times people come to me, and they say, ‘How much is my practice worth?’ I give them my understanding of that value. And if they don't like that value, then they've got time to work on that because sometimes owners need to get their practice in a better position so they could sell for a better price.” - Brandon PoeThe finer details of this episode:Pruning for growth Getting your firm ready to sell Understanding the benefits of a broker when planning your exit   Episode resources:Summit CPA website – www.summitcpa.netEmail us with questions – cpa@summitcpa.netAccounting Practice Sales – Buy or Sell | Poe Group Advisors 

“GTD® doesn't deliver a solution; it delivers hope. How much people want to take advantage of that is up to them. GTD® and implementing these best practices—capture, clarify, organized, reflect, and engage—of how you get stuff under control in your life and work, they don't give you more time. They give you more room. What you do with that room is unique to you.” – David Allen  The finer details of this episode:• Meeting management and setting boundaries for back-to-back meetings  • The need for GTD® in a team environment—not just individually  • The importance of setting and understanding what your priorities are   Episode resources:• Summit CPA website – summitcpa.net• Email us with questions – vcfo@summitcpa.net• Getting Things Done® – https://gettingthingsdone.com/ 

“Divvy is a software company first. And then we found that we had to tie a card into it. It’s the web application; it's the mobile application; it's the Divvy Smart credit card. What's nice about this is that it's one integrated solution. You don't have to go find a card solution and then buy a software to lay over the top of it and vice versa. You don't need to find a software that you really like and then have to go find a card that might work into it.” – Zac HenizThe finer details of this episode:How Divvy empowers both business owners and employees to manage spendingCreating virtual and one-time-use cards to offer further security parameters Spend and expense transactions with ease using Divvy  Episode resources:Summit CPA website – www.summitcpa.netEmail us with questions – cpa@summitcpa.netDivvy – https://getdivvy.com/ 

Episode Notes“The top three things that people can do to build client relationships would be take a posture of people over profit, to follow through and follow up, and to remember going into those relationships that, it's not about you. Take yourself out of the equation first and understand your client's goals.” – Hannah HoodThe finer details of this episode:Understanding your personality and how to work with different personality typesEstablishing relationships built on trust and transparency How to implement Hannah’s three tips to improve and build client relationships  Episode resources:Summit CPA website – www.summitcpa.netEmail us with questions – cpa@summitcpa.net  

“We've designed a pretty flexible tool. It’s turnkey when you need it to be, like determining cashflow. We've got some really cool stuff in the pipeline right now from a development perspective and KPIs.” -Christian Wielage The finer details of this episode:How using a software planning tool like PlanGuru helps advisors/CFOs make sound business decisionsTools and resources offered by PlanGuruWhy today’s firms need PlanGuru to stay relevant and offer real-time solutions  Episode resources:Summit CPA website – www.summitcpa.netEmail us with questions – cpa@summitcpa.netPlanGuru | Business Budgeting Software, Business Planning Software 

Episode Notes“It’s time to bring in an expert if you are leaving your role at a pre-IPO company. Also, when the IPO happens, it can a little tricky, especially if they have some of the more complex kinds of contracts, so you’re going to want to get some help on it.” – Aaron RubinThe finer details of this episode:Learn options to offer clients when it comes to pre-IPO tax issues as it relates to stock optionsHow to advise a client and seek specialized help as they navigate the IPO journeyUnderstand services that clients might need post IPO, such as wealth management Episode resources:Summit CPA website – www.summitcpa.netEmail us with questions – cpa@summitcpa.netAaron Rubin – wrpwealth.com  

“I care about our profession, and I know that we're always busy. Especially as we're doing advisory work, tax planning, and things that are more forward thinking, there's no stop. You have to make sure that you're managing yourself and helping others to avoid burnout. You have to be very proactive.” – Iralma PozoThe finer details of this episode:Self-awareness: Take an assessment to understand and analyze personal traits about yourself so that you can learn how to thrive in work environments Self-care: Implements things into your daily routine that charge your battery Communicating and setting boundaries: Let coworkers and clients know up front what they can expect from working with you  Episode resources:Summit CPA website – www.summitcpa.netEmail us with questions – cpa@summitcpa.net

“We're not talking about the forecasting meeting. We're talking about an annual planning meeting where we hit the brakes and see what last year looked like. Then we evaluate what the current year-to-date looks like and realign on big-picture goals as needed”– Adam Hale The finer details of this episode:Starting a conversation with clients about annual planning and the benefit of using it as a benchmark for the next calendar yearSetting a cadence and schedule for customizing a strategize plan for the clientWhat the annual planning process is and tools that can be implemented to create itThe importance of aligning your client's financial goals and their business goalsEpisode resources:Summit CPA website –www.summitcpa.netEmail us with questions – cpa@summitcpa.net