How to Become a Growth & Profit Expert

Growth & Profit – the buzzwords to make any businessman start salivating. Growth and profit are the left and right hands of any successful business, yet they can be elusive or confusing. How do I create sustainable growth? Can I maximize my profits without changing my processes? How can I create a business plan that can get me where I want to go in a year or five years?

Or maybe you are a seasoned business expert, ready to move beyond the everyday administration of your company in favor of passing along vital knowledge and creating greater value. There is a huge need for business coaching and consultation – but not from just anyone. What businesses need now are Growth & Profit Experts.

What is a Growth & Profit Expert?

More than just a business coach or generic consultant, a Growth & Profit Expert is specifically trained and certified to provide greater value and increased profits for clients. Growth & Profit Experts are businessmen and women who have learned a lot through their own experience and want to share it with others. They work side-by-side with clients to create plans for manageable growth, yearly goals, and profit increases. A Growth & Profit Expert can offer services alongside normal bookkeeping or accounting, adding increased value to clients and increasing their own earnings through the advanced certification.

How To Become a Growth & Profit Expert

Becoming a Growth & Profit Expert is a fast, affordable, and easy way. You can become a Growth & Profit Expert without taking time off of work, without traveling, and without set class times. Universal Accounting offers Certified Value Builder Training completely online, at your own pace. The tuition involves a competitive payment plan and even scholarships.

Certified Value Builder training is only 16 hours of instruction – all on your own schedule.  You can complete it all from your couch on your own time, while continuing all your normal work activities. Becoming a Growth & Profit Expert can happen quickly, and as you offer your regular services to your clients. In turn, once certified, you can begin offering your clients more intensive Growth & Profit consulting that can change their business in a meaningful way. Simultaneously, your value increases as you become a Growth & Profit Expert.

If you’re ready to offer more, or looking for ways to increase your value to your clients or potential customers – it’s time to consider Certified Value Builder Training.

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How To Build A Client Pool

Your client pool is your lifeblood. Without a strong client pool your business will always operate under the stress of needing more. Instead, a strong and ever-growing client pool takes your business into the black with ferocity. Unfortunately, many small accounting or bookkeeping firms struggle to maintain and build a client pool that will meet their needs. Today we can show you some principles for building a strong client pool for your small business.

5 How To Build A Client Pool

  1. Start With What You Have. If you fail to take care of the clients you have right now, your client pool may shrink to a puddle. Meet your client’s every need. Improve your service and ask what you can do better. It’s time to create a strong reputation. Give surveys and regularly check in with each of your clients for satisfaction guarantees.
  2. Increase Referrals. Your existing client pool is your best source for new business. Their referrals carry more weight than any advertisements. Create incentives for your clients to refer their friends or to share information about your business. Of course, this only works if you’ve successfully tackled Step One. Simply enjoying the services you offer and trusting you is the best possible chance for referral.
  3. Diversify. It can be risky to build a client pool of homogenous groups. Instead, use your current client pool to identify groups you are missing. You can target other types of entrepreneurs, small businesses, corporations, and more. That way economics, seasonal swings, or industry shifts can protect your business.
  4. Increase Your Presence. Show up online, in print, in advertisements, and in community spaces. When you are more present, more potential clients have the opportunity to find you. Create social media accounts, consider online marketing, and place ads where possible. You may also consider volunteering with business organization or charities.
  5. Treat All Equally. Small potential clients and big, old customers and new. Treating each individual with high potential and quality will help you build trust and attract new clients. Building your reputation is critical for building your client pool. Be willing to customize your approach for individuals.

Finally, none of these steps are quick fixes. They work best when you set aside time each week to dedicate to growing and retaining your client pool. If you are still struggling to grow a client pool for your accounting business, Universal Accounting School offers a guaranteed success path to a vital client pool and increased revenue.

 

Two Major Keys To Success In Accounting

As you pursue your career in accounting, there are so many paths to take. You may want to own your own firm one day. Find a promotion. Land a big raise. Regardless of your goals, there are some basic keys to your success in the field of accounting, and every single successful accountant can boast of these characteristics. You can do well with one or the other, but only together do they cooperate for success and freedom in your accounting future.

First you should take some time to address where you are now. Are you a beginner? Experienced? Expert? What are your future goals in your career of accounting? Are these goals available to you at the current time or will you need a big change to achieve your goals? You need some clarity for what you want before you can fully develop these traits. Then when you’re ready you can begin working on these two critical keys to success in accounting.

Competence

The primary key to success in accounting is of course competence. You must be good at your job. You need to be able to work efficiently, meet deadlines, think critically, and make effective decisions for your company or clients. You can begin working on your competence by reviewing your strengths and weaknesses in your current accounting position. Identify ways to strengthen your weaknesses and to display your strengths. Universal Accounting courses are available to bolster your accounting skills to maximize profits for yourself and your clients.

Confidence

This trait is by far the most lacking in the business of accounting. Most accountants believe that their work will do the talking, and that confidence is a trait for salesmen and athletes. If you do your job right you’ll have success right? Maybe. But the only way to truly guarantee success in your accounting career is to pair competence with confidence. Display your skills and speak up. Share your confidence with your superiors and clients. Believe that you can find creative solutions to any accounting problem, and that any endeavor you assume will be successful. Confidence transforms a mediocre accountant to a star accountant. Clients and firms will be attracted to your confidence and find more value in your efforts.

Are you lacking in competence? Feeling less-than-confident? Universal Accounting School is here to help. We offer courses and materials to help you flesh out both traits in your accounting life. You can become any accountant you want – we can make you a successful one.

5 End-of-Year Accounting To-Dos

As the end of the year approaches, it’s time to get some of your finances in order. You still have plenty of time until tax season, but closing out the year organized and ahead is critical for success, as well as helping ease the tax strain of spring. Today we’re sharing some of our most important accounting items to tackle before we enter 2018.

List of 5 End-of-Year Accounting To-Dos

  1. Prep W2 and 1099 Tax Forms Early: Start preparing your payroll compliance documents for employees and contractors right away, and get them sent out no later than January 31st. This will help keep your finances accounted for as well as keep you in compliance with the IRS.
  2. Collect All Payments: If you have outstanding invoices, uncashed checks, or invoices not yet sent, now is the time to reissue or follow up. Make it a goal to close out all accounts receivable by the end of the year so you can begin preparing for tax season, as well as bringing in all your company deserves.
  3. Assess Tax Preparation: Don’t wait until March to begin preparing for your income tax. Small businesses in particular can be hit hard by fines and taxes if they aren’t prepared. If you aren’t a seasoned tax professional, then find one to assist you – and quick. Avoid expensive surprises and take advantage of savings and incentives.
  4. Financial Runway: How much money do you actually have? What are you financial goals for 2018? A shareholders or board meeting to prepare for 2018 can help you set the budget, prepare financial goals, plan for large purchases or hires, and just generally get everyone on the same page for the company’s future.
  5. Top Good, Top Bad: Take this opportunity at the end of the year to take a look at 2017. Determine, with a team if necessary, your top “good” accomplishment and your top “bad” misstep or failure. How did they happen? What can you do to encourage or prevent them in the future? Does your plan for 2018 factor in these realities? Some reflection can really set up your accounting to succeed in 2018.

Finally, if you are feeling a little rusty, unfulfilled, overwhelmed, or looking to expand your accounting skills, consider setting accounting education goals for 2018 with Universal Accounting School. We can help you get where you want to go.

What is Color Accounting?

The world of accounting and financial analysis is ever-broadening. By honing your skills and expanding what you know about your field you can increase your personal profits or become an invaluable asset to your company. How sharp are your skills? Could you use an augmented refresher course?

If you’re an accountant re-entering the field, changing jobs, struggling with a new challenge, thinking of striking out on your own, or preparing to embark on a career change to accounting or bookkeeping, it might be the perfect time to consider Color Accounting.

What is Color Accounting?

Color Accounting is a self-study workshop designed to teach the essentials of accounting and bookkeeping in a fast and simplified format. The foundational principles of accounting can be complex and difficult to grasp or retain, especially if you’re a highly visual individual. Color Accounting uses color, diagrams, shapes, graphs, and simple practices to illustrate how accounting works on a micro and macro scale.

How Can Color Accounting Help?

Color Accounting is frequently reviewed as the best course accountants and MBA students have ever taken, because it compiles and explains the most fundamental parts of business accounting in a way that anyone can process and master. Color Accounting can help you understand accounting and business financials if you’ve struggled in your business courses or you want to sharpen your accounting skills.

Who Benefits from Color Accounting?

Color Accounting is perfect for any individual who wants to be better with their business mathematics. Everyone from seasoned accountants to brand new students have taken Color Accounting with glowing reviews and real-life application. Color Accounting can boost your skills to prepare you for a raise or to transition into running your own accounting firm. Color Accounting can help new or struggling students, or especially those who have taken a hiatus from accounting or bookkeeping and are returning to the field.

How Do I Certify in Color Accounting?

Color Accounting is one of the many robust courses offered by Universal Accounting School. Color Accounting is a self-study workshop that you take wherever you are, on your own time. It can count for credit and you may be eligible for scholarships or financial aid. Color Accounting begins with a box of educational materials mailed to your home or business, then hands on practice, videos, and help. This makes it the perfect option for anyone needing an edge in their accounting practice.

If you think Color Accounting might be right for you or you’re interested in more information, give us a call or live chat with us today. We can help you become a master accountant.

 

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