As some of you may already know, I am an accountant. I love to write but my accounting business pays the bills. So I would be writing more about my profession on and how I manage my accounting business in this post. Accounting is an exacting discipline in finance. It is a way to make one’s financial life simpler (contrary to popular belief that accounting complicates things). In accounting, for every value received is a value parted with. This simple system of recording financial transactions is the reason why it is easy to monitor, measure, and adjust financial activities. I take pride in the science of accounting and this is why I love every minute of my work.
How I started
I started small in my accounting business and I made sure that I focus on where I am good at. My extensive experience in small business accounting pushed me to start serving a few small businesses in my town. I started tapping into my network of friends to refer me to clients. I kept at this personalized marketing strategy until I was able to grow my business. I started hiring people as I moved towards serving midsized businesses. I started my little business accounting firm on my home office. As I started to expand I rented out a small office space in the downtown area. When people ask me the secret of the sustained growth of my business I have to say it is my relationships with my clients. The secret to success is connecting with people, not just organizations and businesses.
The standards I have to keep
The growth of my accounting business is due to the strict standards I imposed on my procedures. I never give my clients ill advices to cut some corners in preparing their taxes. Unfortunately this is becoming a common practice among many accounting firms. I really believe that for your clients to respect you, you must set a high level of integrity in the way you work. I also make sure I hire the right people. I hire for attitude and organizational fit and then I train for skill, not the other way around. If I have the right people who share the same values with me, it is easier to set an image or brand for my clients. I embrace excellence in every facet of my firm’s operation. This “branding” is landing me more clients every year. This is also attracting the right client base for my business. Read more →