Sometimes, less is more, and that can be true for the modern accounting practice. Sometimes, it’s not the amount of clients you have, but rather the amount of money you pull in per client. Let’s put it into numbers. According to the AICPA, winning over a new client is 11 times more costly than retaining […] … learn more→
Blog Archives
How to cross-sell accounting services to your clients
Increase your knowledge about personal finance in 20 minutes each day
Think about the thing you enjoy most – how information about it sticks in your brain with little to no effort, how you can always find time for it, how you love to talk about it with others. It’s possible to make the most of time very easily when we’re doing something we enjoy very […] … learn more→
6 tools you should utilize in your business
As we draw closer to the end of 2017, hopefully your business has made financial gains and seen significant success. If you’re looking for ways to improve productivity and profitability before the New Year, reflect on the ways you might refine your internal processes. With constant technology advancements, there’s a never-ending stream of important […] … learn more→
How education can help start an ecommerce business
The statistics for online shopping are staggering today. It is estimated that approximately 51% of all consumers prefer to shop online. Those that shop online at least once per year are 95% of all people and 80% report monthly shopping activity. Weekly online shoppers are at 30% and those that claim to shop online daily […] … learn more→
Higher education and research are the ‘collateral damage’ of Brexit
It’s fair to say that the UK was always ambivalent about Europe. The primary reason for European Economic Community and European Union membership was the economic benefits, and the sensible centre of British politics took the view that, in essence, “we can take the benefits of EU membership without becoming European”. The UK attitude […] … learn more→
Gold, Dollars, Stocks…and Bitcoin.
I was a professional stockbroker and investment banker before I went into academia, and it is my blog, and so I feel entitled to talk a bit about the insanity in our monetary system…there’s much to say, so much that I’ll be rambling a bit trying to just hit the highlights. I’ve mentioned before that […] … learn more→
Capitalism isn’t broken – but it does need a rewrite
In the 1990s, economists indulged heady hopes that globalisation would raise all boats via unfettered free market activity. Now, but a generation later, many are having second thoughts. That’s because global free markets, while indeed maximising GDP for all concerned, have also ushered in staggering rates of inequality together with a looming threat of irreversible […] … learn more→
Trump’s threat of ‘fire and fury’ is a gift to North Korea’s propaganda machine
Anyone who thought August might offer a lull in geopolitical crises got a rude awakening when, from the confines of his New Jersey golf resort, Donald Trump essentially foretold a thermonuclear war with North Korea. Asked about the north’s recent missile tests, he said Pyongyang had “best not make any more threats to the US”, […] … learn more→
Calling all ‘Time Ninjas’: let’s put a stop to ludicrous job titles
Wacky job titles aren’t new. Google has employed a Captain of Moonshots since around 2010. Astro Teller – his real name – currently holds the post and heads up research and development. In another universe, he’d just be “head of research and development”. It’s not just the Wild West of tech that’s in on it. […] … learn more→
Academic Chongyi Feng: profits, freedom and China’s ‘soft power’ in Australia
In March this year, University of Technology Sydney associate professor Chongyi Feng was detained by Chinese officials, unable to board his flight home to Sydney. He was held and interrogated for ten days before being allowed to return to Australia. Here, the expert in intellectual and political development in China recounts his personal experience and […] … learn more→