Have you ever felt thankful for ChatGPT for helping you with your assignments, theses, and more?📘🌟 While it might bring a smile, the truth is AI’s role in our professional lives is deeply impactful. As accounting professionals, it’s tempting to chase speed—but what about the quality of what we deliver? 🏃‍♂️✨ We must balance quick results with meaningful connections and real value. This isn't about being the fastest; it's about being the best. 🏆 Question the norm: Are you using AI to its full potential, or just to cut corners? Let’s challenge ourselves to enhance our services with AI, ensuring we add value without losing the essence. 💼🤖

Stop wasting my time!! This is a message for companies that have a habit of spamming people in their inboxes. Please understand that the people that you are trying to sell to are running full speed ahead toward their goal, and your random spam message is more disruptive than helpful.  I understand that you have to sell your service or product but you have to find a way to show up as a teammate who is helping me reach my goal instead of an opponent who is simply showing up as a distraction. If you continue to show up as an opponent be prepared for your "offers" to get thrown down like it is nobody's business. #accountingandaccountants #finance #marketing #success

These 4 questions will help you grow a more successful business. Each week we have the opportunity to share a question of the week and during March, we focused on some of the most critical topics that every firm should consider if they want to grow. Here are the four topics that we discussed 1) Firm Goals, 2) Your Strategic GPS, 3) Your Pricing Strategy, and 4) Your Capacity Analysis. In this episode of the podcast, I share our tips and the tips that came from our amazing audiences of thousands of people, enjoy. #accountingandAccountants #entrepreneurship ============= Connect with Us: Website: https://businesstalklibrary.com/ Facebook: https://www.facebook.com/TLTurnerGroup Email: contact@tlturnergroup.com

This can be very dangerous..... I'm all for creativity and using different approaches but we have to make sure that we use some level of wisdom to make sure our creativity is still leading to a productive outcome. In a practical sense using AI in your business can be a very creative thing, but you do have to provide a proper level of context and wisdom to make sure it is still productive. Unfortunately many companies have found themselves in serious trouble because they used AI in an unchecked manner and it turned out to be a quite dangerous things. Here is a list of potentially dangerous areas where AI probably should not be used in an unmonitored manner: 1) AI chats that can communicate pricing to potential clients (the amounts communicated can be legally binding in some instances) 2) Writing email responses to clients (AI can lack emotional empathy) 3) Provide advisory advice and tips (AI might give bad advice) Instead use AI within the boundaries of creativity + wisdom. #accountingandaccountants #finance #bookkeeping #tax

Ever heard the saying, "To build a successful business, watch where you're going"? It's a gem that many miss, especially in the accounting world. Many accounting firms are so busy advising others on their finances, they overlook their own. It's a classic case of 'do as I say, not as I do.' But here's the twist - what if you could be the exception? Imagine staying a step ahead, updating your budgets and forecasts before questions even arise. It's not just about knowing your numbers; it's about actively engaging with them. Now, imagine the peace of mind, the strategic advantage, and the confidence to navigate future challenges effortlessly. That's the power of practicing what you preach in the world of accounting. It's not just about avoiding pitfalls; it's about seizing opportunities that others don't even see coming. How often do you update your budget and forecast? Have you ever been caught off-guard by a financial challenge because of it? Drop your thoughts below! #AccountingInsights #FinancialForesight

Ever landed a client that made you think, "What have I gotten myself into?" It happens to the best of us. That initial thrill of sealing a deal can quickly turn into a realization that some clients demand more than we're ready to offer. It's a universal truth among business owners. Recognizing that not every client is the right fit is crucial to your sanity and success. Imagine having a foolproof filter that instantly flags potential troublemakers, saving you from the headaches and heartaches of mismatched client relationships. It's not just possible; it's essential for building a business that thrives on the right kind of clients.  We've all been there, so let's start a conversation below! Share your "aha" moment or the red flag that made you realize a client wasn't the right fit. How has it changed the way you evaluate potential clients today? #AccountingTips #BusinessGrowth #FinancialInsights

Ever Followed Bad Finance Advice? Here's What Happened Next... See, this is exactly why you do not take business advice from someone who is not a reliable source. When you're taking advice from someone who doesn't seem very credible in the area they're giving you advice in, what ends up happening is they'll move on and they'll go about their business. But you're the one who's going to end up hurt and suffering because you took advice from someone who probably has no credibility. So watch who you're taking advice from.  In a world brimming with information, it’s critical to filter the noise. For finance leaders like us, the cost of misguided advice isn’t just a setback; it’s a potential derailment. Imagine a community where every piece of advice comes with years of expertise, proven success, and a deep understanding of the financial landscape. That’s where true growth happens. Ever followed bad advice? How'd you fix it? Drop your story below.  #AccountingTips #SmartAccounting

Grow Your Accounting Firm: Easy Strategy Tips! Thinking about starting or growing your accounting firm without a plan? Wait up! Many jump in with just the basics and think, "I'll figure it out." But here's a tip: without a clear strategy, you might hit snags. Did you know a little planning could go a long way? It's not about overthinking; it's about being smart from the start. Spotting risks and grabbing opportunities early can save you a lot of trouble. Picture this: Your accounting firm thriving because you took the time to chat with someone who's already succeeded. A few tips from them could help you dodge common mistakes and put you on the path to success. Ready to make a smart move? Start planning your strategy now. Get advice, avoid pitfalls, and grow your accounting business the smart way.

Why are you arguing over pricing? Here is the thing Accounting Firms should never have to argue over pricing when it comes to working with your clients. Now if you do find yourself in a bit of a back-and-forth over pricing this conversation with Arun Mehra could be very helpful for you. Check out our YouTube page for the video version of this podcast: https://www.youtube.com/@thefinanceaccountingshow2679 ============= Connect with Us: Instagram: https://www.instagram.com/businesstalklibrary/ Website: https://www.bizprofitsecrets.com/ Facebook:https://www.facebook.com/TLTurnerGroup Email: contact@tlturnergroup.com

Life's tough, especially in accounting. But what matters is how we stand up after a fall. You don't have to be the top expert to know that not every chance to make money is a good one. Think Before You Leap: • What will it cost? • What's the risk? • Is the reward worth it? These questions can save you from a lot of headaches. Make choices that make sense. Not everything that shines is gold. Pick opportunities that give back more than they take. Accountants and Firm Owners: How do you decide which opportunities to take? Drop your tips below! #AccountingTips #SmartChoices #AccountingLife #BusinessDecisions

Feeling stuck with your accounting work? You're not alone. Many accountants and firms are looking for a change. This video cuts straight to the chase, showing you how to get back on track and grow your business in 2024. We'll share a straightforward strategy that helped us move from $350K to aiming for $600K in revenue. It's not magic; it's about making smart decisions, focusing on what works, and finding the right clients. If you're an accountant, part of an accounting firm, or offer CFO services, this video is for you. Learn how to review your last year's performance honestly, set clear goals, and make the changes needed to boost your business. Check out our YouTube page for the video version of this podcast: https://www.youtube.com/@thefinanceaccountingshow2679 ============= Connect with Us: Instagram: https://www.instagram.com/businesstalklibrary/ Website: https://www.bizprofitsecrets.com/ Facebook:https://www.facebook.com/TLTurnerGroup Email: contact@tlturnergroup.com

Can a business really create a balance between value for the company and value for the staff? In light of mass company layoffs, social media chatter, and several published articles it appears that many organizations are struggling with doing what is right for the business vs doing what is right for their people; but should this really be a conflict? We sat down with a veteran business owner and leader Dan Luthi to hear his take on this topic and to dive into some of the ways that Ignite Spot has approached this dynamic throughout their 15 years of existence. Some may find his advice comforting while others might find it challenging so take a listen and let us know what you think in the comments Check out our YouTube page for the video version of this podcast: https://www.youtube.com/@thefinanceaccountingshow2679 ============= Connect with Us: Instagram: https://www.instagram.com/businesstalklibrary/ Website: https://www.bizprofitsecrets.com/ Facebook:https://www.facebook.com/TLTurnerGroup Email: contact@tlturnergroup.com