<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=640847149337247&amp;ev=PageView&amp;noscript=1">

Webinar Recording: Cash and Profit Forecasting for Your SMB Clients

[fa icon="calendar'] Thu, Jun 11, 2020 / by Kathy Gregory posted in Strategic Advisor Webinars

Watch our new recorded webinar for an in depth discussion on cash and profit forecasting where you will learn the basics of forecasting, how to do it in LivePlan, and how to offer the service to your clients in both the best or worst case working conditions.

Read More

How Strategic Advisors Forecast Personnel and Payroll in LivePlan

[fa icon="calendar'] Thu, May 28, 2020 / by Joey O'Shaughnessy posted in Business Process for Advisory , Budgeting and Forecasting

For most small business owners, payroll is the most important payment they will make each month. It’s also very often the largest monthly expense. For so many of your small business owner clients, likely their first monthly cash flow consideration is, “can I make payroll?”

Read More

6 Reasons You Might Not Want to Apply for a PPP or SBA Loan

[fa icon="calendar'] Tue, May 19, 2020 / by Kody Wirth posted in Working with Clients , Paycheck Protection Loan

There are plenty of good reasons to take out a business loan. Maybe you’re looking to purchase new equipment, expand operations, or even increase your working capital over a period of time. With the right planning and reasoning, a business loan is often a necessary step that most business owners will have to take at one point or another.

Read More

Strategic Advising Services: A Step-by-Step Method for Growth

[fa icon="calendar'] Thu, Apr 16, 2020 / by Kathy Gregory posted in Business Process for Advisory

The public accounting industry is changing rapidly, and your clients are turning to you for advice on their business growth challenges and opportunities.

Your firm needs to be able to offer Strategic Advising services confidently and profitably.

Read More

How to Use LivePlan to Manage Cash and Budget for Your Client’s Paycheck Protection Loan

[fa icon="calendar'] Tue, Apr 7, 2020 / by Kathy Gregory posted in Working with Clients , Advice for Your Practice

The passing of the $310 billion Paycheck Protection Program (PPP) expansion provides a second round of much-needed relief for small businesses struggling to survive through the COVID-19 crisis. Not only does it help them extend their cash runway, it will help them maintain their staff and cover needed expenses. As a strategic advisor you’ll need to help your small business clients plan for the loan and manage their cashflow.

Read More

6 Tips for Responding to Client Emails

[fa icon="calendar'] Sun, Apr 5, 2020 / by Jonathan Michael posted in Working with Clients , Advice for Your Practice

Right now, practices everywhere are trying to adapt to a drastically different work landscape that often changes from day-to-day. Your team is working remotely. Your tax season has been extended. Your clients are dealing with disaster relief efforts and trying to stay above water.

Read More

The Importance of Financial Forecasting for Your Clients In Crisis

[fa icon="calendar'] Tue, Mar 31, 2020 / by Kathy Gregory posted in Working with Clients , Budgeting and Forecasting , Advice for Your Practice

When small business owners are stressed from financial uncertainty they need information from their accountant that will help them from feeling blind-sided by unknowns, and enable them to forge a clear path forward.

Read More

Improved Cash Flow Forecasting in LivePlan for Strategic Advisors

[fa icon="calendar'] Wed, Feb 26, 2020 / by Joey O'Shaughnessy posted in LivePlan Software for Advisory , Budgeting and Forecasting

Helping your clients understand their cash flow is an integral part of delivering quality advisory services. But cash flow isn’t just about the current financial position.

Creating an accurate cash flow forecast gives your clients the insight necessary to drive decision making for their business.

Read More

New in LivePlan: QuickBooks Desktop, Dashboard Statements, and More

[fa icon="calendar'] Fri, Jan 24, 2020 / by Joey O'Shaughnessy posted in LivePlan Software for Advisory , Budgeting and Forecasting

Over the last few months, we’ve released a variety of new features and improvements for LivePlan, many of which are specifically developed for LivePlan Strategic Advisors.
Our continued goal is to improve the overall experience for you and your clients—allowing you to serve more clients, build better forecasts, and generate strategic and thoughtful reports.

Read More

An Accountant's Guide to Strategic Advising Services for Small Businesses

[fa icon="calendar'] Wed, Dec 18, 2019 / by Kathy Gregory posted in Packaging and Selling Advisory , Working with Clients , Advice for Your Practice

Strategic advising is a specific type of small business advising service. It focuses on lean business planning, financial forecasting, and monthly financial performance tracking. In the accounting profession, it fits within the umbrella of client advisory services (CAS).

What differentiates strategic advising from other client advisory services is its focus on planning and iterative forecasting as the primary means of measuring and driving small business growth.

Read More

Planning Is a Key Strategic Advising Service—Keep It Personal!

[fa icon="calendar'] Thu, Dec 12, 2019 / by Kathy Gregory posted in Business Process for Advisory , Advice for Your Practice

The notion of planning, and adjusting our plan, is a fundamental part of all of our lives. We do it daily, sometimes without even realizing it, on things both big and small. Planning for retirement? Planning a vacation? Planning for next month’s grocery bill?

Read More

The Road to Strategic Advising Services: Implementation and Pricing

[fa icon="calendar'] Fri, Dec 6, 2019 / by Kathy Gregory posted in Business Process for Advisory , Packaging and Selling Advisory

Implementing a process to manage the work of Strategic Advising is the key to making it happen in a profitable, seamless way. The LivePlan Method is a business process and pricing model for strategic advising services.

Read More

How to Use Key Performance Indicators in Strategic Advising

[fa icon="calendar'] Wed, Nov 27, 2019 / by Kathy Gregory posted in Business Process for Advisory , Working with Clients

“Get comfortable with the uncomfortable.”

This modest sentence is powerful. It’s only in the difficult places that we grow, so the more we can get comfortable with things that make us uncomfortable, the stronger we become.

Read More

How to Prepare and Conduct A Strategic Advising Client Meeting

[fa icon="calendar'] Wed, Oct 30, 2019 / by Kathy Gregory posted in Business Process for Advisory , Working with Clients

As a Strategic Advisor, you’re a critical partner for your small business owner clients. The work you do and the expertise you offer helps your clients establish business goals, and guides their growth.

Your work should cover questions such as these:

Read More

The Recommended Sales Forecasting Method

[fa icon="calendar'] Thu, Oct 17, 2019 / by Noah Parsons posted in Budgeting and Forecasting

New entrepreneurs frequently ask me for advice about forecasting their sales. These entrepreneurs are always optimistic about the future of their new company, but when it comes to talking about the details, most aren’t sure how to predict future sales and how much money they’re going to make.

Read More

Content, tips and best practice for accountants, CPAs and bookkeepers who offer Strategic Advising Services to small business clients.

Subscribe to Email Updates

Recent Posts