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Practice Management Power : Stepping Up Your Accounting FIrm's Bottom Line - Mark Lloydbottom

Practice Management Power

Stepping Up Your Accounting FIrm's Bottom Line

By: Mark Lloydbottom

Paperback | 27 June 2016

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How do accounting firms continue to generate ever increasing profits in a marketplace where technology and the evaporation of compliance services presents so many hurdles and challenges?

Today, for many, change is a challenge...but not changing is also challenging.

What is your response to Real Time Accounting? Threat or Opportunity? Or maybe a Throportunity?

Double Your Income provides real world solutions addressing strategies that will result in increased profitability. But, not only will you benefit; your clients will also. You will discover wisdom and experience.This is win win for clients, staff and firm owners.

Improving results will not happen by accident. With this insightful book to hand you will be better able to make a clear assessment of what needs to happen to ensure the business delivers ever increasing financial rewards. Implementation is key for these are not days to fail in effecting change. Be bold and intentional in working through your decisions.

Industry Reviews
In an increasingly competitive world, practices continually need to look at their business models and strategies not just to survive but to grow. Mark Lloydbottom's book will help practice leaders in those discussions. Michael Izza Chief Executive, Institute of Chartered Accounts in England and Wakes Mark and I have collaborated together for over 25 years. During that time we have engaged in many hours of discussion, developing nitty-gritty strategies for accounting firms to improve their performance. Double Your Income is more proof that Mark continues at the leading edge of performance thinking. He is a friend and colleague whom I regard as being among the elite of accounting firm consulting. Every accounting firm owner should read this book. Double Your Income cuts through the clutter to provide a workable, practical blueprint to achieving greater firm success. This priceless book is a must read. And finally, I extend my congratulations to an honored colleague on staying the course and helping so many firms on their path to a higher level of client service and enjoying better rewards in their pursuit of service. Dave Cottle Consultant to Accounting Firms, USA Double Your Income is, I seriously believe, an under-expectation here. When you use the insights here and when you realise that it's not about tools and technology, it's about getting rid of outdated models and replacing them with new ones built around these amazing times we're in. When you put that together with Mark's insights, you'll be creating something truly amazing: a firm that makes a huge impact and a firm that really matters. Paul Dunn Co-Founder and Chairman of Buy1Give1 For decades, Mark Lloydbottom has shared his insight, wisdom and business acumen to help thousands of firms around the world improve. Mark's unique contribution to the accounting profession has been a catalyst for a better quality of life for owners, staff, and clients alike. Double Your Income adds to a body of work that should be included on every firm owner's short list of business books that can have a real impact. Mike Platt Inside Public Accounting, USA All professional services' firms struggle with similar challenges, none more so than how to drive better profit margin in an increasingly competitive market. Mark's Double Your Income provides a step-by-step guide on how accountancy firms can do exactly that, drawing upon his years of extensive experience. There is much to take away from each chapter, with the recommendations suggested being pragmatic and able to be easily implemented regardless of firm size. Topics are well balanced, focused on not only internal action but also as importantly how this drives more effective client engagement. As someone reading this book from outside the accounting profession, but with experience in both consulting and legal firms, many of the points outlined above can be as easily applied within these organisations. This book will become a very valuable addition to an accounting practitioner's professional toolkit. Stuart J.T. Dodds Baker & McKenzie, Author of 'Smarter Pricing, Smarter Profit' I defy any accountancy practitioner not to get significant value from this book. It's easy to read, packed full of insights into the profession from Mark's 6 decades working with firms and the actions flow freely from each chapter. Without waffle or pontification and with unswerving clarity, Mark makes the case for running a practice proactively and getting paid properly for the value accountants give to their clients."

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