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Profit Improvement

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14 Things Successful People Do Differently

14 Things Successful People Do Differently

  • Post author:Jean Caragher
  • Post published:September 13, 2022
  • Post category:Practice Management/Profit Improvement/Time Management

Let me tell you a tale of two accounting firms. Located in a capital city both firms were comparable in size 20 years ago. Today, one…

Continue Reading14 Things Successful People Do Differently
Is it Time to Fire a Few Clients?

Is it Time to Fire a Few Clients?

  • Post author:Jean Caragher
  • Post published:May 17, 2022
  • Post category:Client Service/Practice Management/Profit Improvement

With a finite amount of time and resources, not to mention the staffing crisis and desire for work-life balance, you want to be sure you are investing in your best clients. Perhaps this is the year you’ll fire a few bad ones.

Continue ReadingIs it Time to Fire a Few Clients?
Improving Job Margin – Part 7

Improving Job Margin – Part 7

  • Post author:Mark Lloydbottom
  • Post published:May 3, 2022
  • Post category:Profit Improvement

Based on the feedback I have received, I know that this has been a series of articles that has been well received. My thanks for the…

Continue ReadingImproving Job Margin – Part 7
Improving Job Margin – Part 6

Improving Job Margin – Part 6

  • Post author:Mark Lloydbottom
  • Post published:April 14, 2022
  • Post category:Profit Improvement

For those of you who have avidly read my first five articles on this important topic. I trust this is all showing a clear picture on how you can improve job profitability. 

Continue ReadingImproving Job Margin – Part 6
Improving Job Margin – Part 5

Improving Job Margin – Part 5

  • Post author:Mark Lloydbottom
  • Post published:April 4, 2022
  • Post category:Practice Management/Profit Improvement

I understand that this is stating the obvious but to improve margin you either need to increase the price or reduce the cost of the job - or both. We have invested time looking at pricing on a number of occasions, here we have been delving into reducing job costs.

Continue ReadingImproving Job Margin – Part 5
Taming Lock Up – Part 2

Taming Lock Up – Part 2

  • Post author:Mark Lloydbottom
  • Post published:March 21, 2022
  • Post category:Profit Improvement

As my lead article was somewhat lengthy, I will keep this short but to the point. In the first Taming article we looked at a range…

Continue ReadingTaming Lock Up – Part 2
“Most Important Issue” to Fix Our Declining Job Margin – Part 4

“Most Important Issue” to Fix Our Declining Job Margin – Part 4

  • Post author:Mark Lloydbottom
  • Post published:March 21, 2022
  • Post category:Practice Management/Profit Improvement

POWERFUL FEEDBACK Following my last post, I received a number of emails commenting on how valuable the insights were that are being shared.

Continue Reading“Most Important Issue” to Fix Our Declining Job Margin – Part 4
Improving Your Job Margins – Guaranteed – Part 3

Improving Your Job Margins – Guaranteed – Part 3

  • Post author:Mark Lloydbottom
  • Post published:March 7, 2022
  • Post category:Practice Management/Profit Improvement

We continue with our series of articles looking at how you can improve your job margins.

Continue ReadingImproving Your Job Margins – Guaranteed – Part 3
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Mark Lloydbottom, FCA

Mark Lloydbottom

Mark Lloydbottom is acknowledged as a futurist who specialises in management planning, strategy and profit improvement for accounting firms. His programs and consulting are based on over 30 years’ experience as a practitioner and consultant.

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