Take Your Bookkeeping to the Next Level

Excelsior Growth Fund
March 30, 2018

Once your business is up-and-running and you’ve mastered basic bookkeeping concepts, you’re ready to take your understanding to the next level. Our Business Advisory Services team has compiled a few bookkeeping practices that will support your growing business. With these tips, you’ll be ready to:

  1. Leverage technology to integrate and automate bookkeeping processes and systems to save time and money
  2. Gain a better understanding of the balance sheet and how it impacts cash flow
  3. Make better business decisions based on accurate and timely financial statements

Work with your accountant to implement these practices and start moving your business toward even greater financial success.

Office for Lease at 7330 Fern Avenue

A 132 square foot office is for lease at the Fern Avenue Office Center (7330 Fern Avenue, Suite 601) in Shreveport, Louisiana. Office furnishings are available, and kitchenette, copy machine and utilities are included. Below is an overview of the office floorplan, and the office for lease are highlighted in red. Contact Dillon Wright at […]

King of the Cowboys: The Life & Times of Jerry Jones (Holbrook, MA: Adams Media Corporation, 1995)

The inside story of the larger-than-life owner of the Dallas Cowboys, America’s Team. Based on interviews with Jones and his friends, colleagues, and competitiors, this book profiles Jones’ hardscrabble upbringing, the millions he has made, his purchase of the Cowboys, his firing of Tom Landry and Jimmy Johnson, and his hiring of Barry Switzer.

The Radical CPA: New Rules for the Future-Ready Firm (East Hampton, NY: CPA Trendlines, 2014)

There are four characteristics of a “radical” CPA:
— 1. Their approach to technology.
— 2. Their use of social media.
— 3. Their understanding the relationship between pricing and value.
— 4. And their conviction that customer experience must drive a firm’s internal processes.

They Call Them The ‘Radical’ Practitioners

There’s an uprising of innovative CPAs in the accounting profession. This group created a new support community that is no longer driven by the establishment. The establishment can’t control the conversation.

In fact, they almost missed it. Now they endorse and support us. But it didn’t begin with them.

When Jody Padar first started doing this, she wasn’t aware of anyone doing what she was doing. Then she went to Twitter. That’s where she really met her peers. They were learning from each other from day one and that same community of support is still happening today.

A “radical” practitioner is a person that calls upon himself and others to redefine their firms and their lives by moving away from the traditional firm business model.

The term radical applies because what they are doing to their firms and indirectly to the profession is fundamental to its core. It’s abrupt, disruptive, unexpected, and far reaching. They are shaking up the status quo. They are changing because their customers and the world are changing around us all. Some might also perceive radical to be a negative term. It’s not. The movement is more likely following the happy expression, “that’s radical, dude.” Everyone can learn and join the movement.

The Radical CPA Community Is Here To Help You Be Radical, Too

The best part about these radical professionals is that we believe in abundance. We promote and celebrate a new way of doing business and encourage the rest of the profession to move forward and change as a whole.

Cash Flow Management

Best Practices for Small Business

Cash flow is the lifeblood of enterprise, and effective cash flow management is essential to the survival of businesses, big and small.  For small (and young) businesses, in particular,  the importance of cash flow is amplified by there finite resources and limited access to capital.  As such, small business founders are frequently forced to finance a […]