As a small business owner, it’s essential to have the right accounting professional on your team. But with so many options, how do you choose the right one for your business? In this post, we’ll explore some key factors...
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Having a strong employee onboarding plan is crucial to not only the success of a new hire, but to the overall success of a company. A well-thought-out onboarding process creates a positive first impression and sets the tone for...
Accounting is an essential part of running a small business. It helps business owners keep track of their finances, monitor their cash flow, and make informed decisions. However, small business owners often make accounting mistakes that can lead to...
Establishinganemployee-firstcultureisparamounttocreatingasuccessfulteam!Weneedemployees to feel heard, respected, and appreciated. We want our teams to feel empowered and motivated, and to know that they are valued. But how? Let’s take a deeper dive into an employee-first culture. Employee First Culture. What does it do? Anemployee-firstculturehelpstoincreaseemployeeloyalty,asemployeesaremorelikelyto staywithacompanythatvaluesthem.Notonlythat,creatinganemployee-firstcultureisan excellentwaytoensurethatyourteamissupported,valued,andmotivated,whichinturncan leadtohigherlevelsofengagement,jobsatisfaction,andproductivity,asemployeesknowtheir opinions are being heard. Whenemployeesfeelsupported,itcanleadtoincreasedcustomersatisfaction,creatingawin- win situation for everyone. Deep Dive: A Lack of Top Talent Haveyounoticedaccountingfirmsinrecentyearshavehadtroubleattractingall-star employees?Onemightbelievethisisanoverallindustrydeclineduetorecessionaryconcerns, however, this might not be a main factor. Rightnow,manycollegestudentsarenotpursuingaCPAlicense.Whileaccountingasamajor ingeneralwillalwaysbeatopdegree,lessandlessstudentsareoptingnottomakethisa profession.Manystudentsareoptingoutofa5thyearofcollegetohelppursueanecessaryCPA license.Notonlythat,manyjustdon’twanttoworkthelonghoursthatcomeswithbeingan accountant. Engagement & Innovation So how do we use an employee first culture to find and keep top talent? Let’s take a look. Creatinganenvironmentwhereemployeesfeelheardandrespectedisessentialforfosteringa positiveworkenvironment.Bylisteningtotheirideas,opinions,andfeedback,youcancreatean...
What small business owners need to know to prepare for their first financial statement audit. When you hear the word ‘audit’ what comes to mind? For most, it is a word that can quickly invoke feelings of anxiety or...
Starting and running a small business is no easy task. From tight budgets to ever-changing market conditions, the challenges can seem overwhelming. However, there are several strategies that small business owners can implement to reduce costs, increase their bottom...