In the final episode of the series, Amy Hancock and James Goulsbra talk about their experiences at Accountex 2024 and their key takeaways - the advent of AI but how it can never replace accountants, and how you shouldn’t get sucked into any software without doing your research first. They also mop up all the areas they promised to re-visit in earlier episodes such as their hourly operational costs, re-visiting business plans, certain pieces of software, and planned recruitment – as well as new developments like re-branding.

This podcast series complements our hub Creating Tomorrow’s Practice Today – a hub covering regulation, tips from other members and ACCA partners, and how you can build your community. There’s even a checklist that you can use to check your progress. You can check out our hub at https://bit.ly/startyourpracticejourney.

In the penultimate episode of the series, Amy Hancock and James Goulsbra talk about collaborating with staff, clients and other accountants. A support network of other accountants is important for referring work you don’t have capacity or expertise for, but also so that you can have assurance that every practice has similar pain points. Then there’s networking with other industries and with other accountants.

This podcast series complements our hub Creating Tomorrow’s Practice Today – a hub covering regulation, tips from other members and ACCA partners, and how you can build your community. There’s even a checklist that you can use to check your progress. You can check out our hub at https://bit.ly/startyourpracticejourney.

You’ll find information about building your practice community on the hub at https://bit.ly/networkingandcommunity

Amy Hancock and James Goulsbra talk about what productivity means to them, how staff are key to your productivity, and the different KPIs you can use.

This podcast series complements our hub Creating Tomorrow’s Practice Today – a hub covering regulation, tips from other members and ACCA partners, and how you can build your community. There’s even a checklist that you can use to check your progress. You can check out our https://bit.ly/startyourpracticejourney.

At the time of the recording of this podcast, there was less than 500 working days until Making Tax Digital for Income Tax Self-Assessment (or MTD for ITSA as it's better known) was due to come into effect. Accountants may be wondering how much work is going to be required to prepare for it and operate under it. In this podcast, Jordan Smith and Andrew Smith of A G Smith & Co share their thoughts on how MTD for ITSA provides opportunities for a practice, and they suggest the first steps to take in preparing for MTD for ITSA if your practice hasn’t yet started on the digital journey.

ACCA member Graeme Tennick of Graeme Tennick & Co tells us why he uses Capitalise, and takes us through some case studies to illustrate the benefits to his practice and his clients.

In this episode, Amy Hancock and James Goulsbra talk about taking on staff – at what point it becomes necessary, whether to recruit an admin role or an accountant role first, how outsourcing can help, using HR consultants, and planning for future recruitment. Who’d have thought that Pilates classes are a great place to recruit….

This podcast series complements our hub Creating Tomorrow’s Practice Today – a hub covering regulation, tips from other members and ACCA partners, and how you can build your community. There’s even a checklist that you can use to check your progress. You can check out our hub.

Amy & James look at the risk of pricing too low when you first start up, different pricing models, pricing strategy, proposal software, price increases, and the advent of value pricing.

This podcast series complements our hub Creating Tomorrow’s Practice Today – a hub covering regulation, tips from other members and ACCA partners, and how you can build your community. There’s even a checklist that you can use to check your progress. You can check out our hub.

You’ll find a great video by Carl Reader of d&t about pricing models and unbilled work on the hub, as well as videos by the team at Gravitate Accounting about fee quotations, and Calvin Cooper of CRC Accountancy about valuing what you’re delivering to clients.

This new podcast series in partnership with PracticeWeb will look at how to grow your practice through data driven marketing. In the final episode of the series, Mike Crook and Zoe Sweet of PracticeWeb discuss how you can market your firm on a budget. They’ll cover why marketing is important, the marketing options available for different budgets, the marketing tactics that work for the firms they work with, and the low-cost or free marketing tools that are available.