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Do you have one of those books that you keep telling yourself that you should read, and yet for whatever reason, that book stays on the shelf. Well, for me, Small Giants – Companies That Choose to be Great Instead of Big, by Bo Burlingham was that book that sat on my shelf for years. However, it caught my attention again as I was captured by the title as I related it to my role as a business owner and an advisor to other small business owners. Isn’t this the question we ask ourselves and our customers ask themselves every year – “do we want to grow big?”
Have you read The 7 Habits of Highly Effective People by Stephen Covey? You have? That’s nice. But have you been to Stephen Covey’s house? No, you haven’t. I know you haven’t because I was there, and I didn’t see you.
Oh yeah. I spent several hours at Steve MF Covey’s house on December 15. I kept asking when I would get to meet him, and they kept saying, “he died in 2012.” Likely story.
Of all of the worries of owning a business, the anticipation of a possible IRS audit has to be one of the worst. As a business owner, you want to grow and be forward thinking, but then an IRS agent forces you to rehash the past in excruciating detail. With clean books and correct record keeping, you can have the confidence of knowing that if the government comes knocking, you’ll be ready. While there are many different systems to keep your books in order, Receipt Bank aims to help with the record keeping, while integrating with the all of the major cloud-accounting providers.
Core Features – 35/35
Receipt Bank’s mission is simple, to reduce the time required to move receipts, bills, and credit notes into your client’s accounting system and give accountants a clear view of their bookkeeping while in progress. They do this by capturing the data, organizing it into their dashboard, and giving bookkeepers the ability to automate the flow into the accounting software. Read more
“Blow crap up.” – Jason Blumer
I’ve known Jason for six years now. I’ve heard all of his stories, the ones about how he’s tried all the stuff that you know you should try at your firm. He’s got a drive to blow crap up, and so he blows crap up, and he learns tons and tons of crap because of the crap he blows up.
Thriveal is accounting for the brave, and brave accountants risk the possibility of blowing crap up. Intentionally taking risks whereby crap may be blown up is something that can be managed; planned risks can be controlled and contained more or less.
But sometimes crap blows up all by itself. And when turds hit fans, you can learn A LOT and you can learn it FAST. Like Tom Hood says, the rate of learning at your firm has to be greater than the rate of change in the profession and greater than the rate of learning among your competitors. Read more