We recently had the opportunity to do an interview with Practice Ignition, a software tool that simplifies and automates online accounting services. With Practice Ignition, we no longer spend hours formatting electronic documents and begging potential clients to sign them. Practice Ignition gives us smart proposals, automatic payments, business insights, scope management, processing & compliance and it integrates with Quickbooks online. We loved sitting down with the Practice Ignition team and sharing some insights on how we are growing bookskeep and defining our purpose in the online accounting world.
Profit First is the Foundation of bookskeep
Mike Michalowicz has been my mentor throughout my journey with bookskeep. Mike helped me see the importance of finding my niche, so I could give my whole focus to the businesses I service. Profit First is the key to how I operate bookskeep because it is a cash flow methodology built on making sure you are paying yourself first. It is incredibly important to set money aside for yourself from the very beginning. Most business owners do not know how important it is to pay yourself from the start. One of my goals in bookskeep is to help bring that awareness to my customers.
Innovation and Keeping Up with Trends
Staying on top of trends is important, especially in the e-commerce industry. I make sure I am keeping up with the most recent trends in this fast-moving business environment by constantly learning from books, social media channels, and podcasts. I try to manage my time well by staying on top of balancing internal processes with my client work. Bookskeep has experienced such tremendous growth over the years that I eventually had to hire qualified staff to perform the bookkeeping services. This helped me direct my focus to internal efficiencies, processes, and managing my employees as well as continuing to learn from other professionals on how to innovate efficiently.
Why Does Bookskeep Stand Out from Other Accounting Firms?
- Niche Specialization - by selecting a niche, you can give your clients your fullest efforts in solving the problems they face.
- Working Virtually - this benefits not only you as a business owner, but also your clients and employees. The biggest perk is you can bring your work wherever you need or want to go.
- Advisory Makes a Difference - having a mentor and a foundation for your business, like Profit First, helps you produce credible and tangible results for your customers.
Here is where you can find out more about Cyndi’s key takeaways!