It is no secret that competition to win accounting clients is getting fiercer and fiercer. With accountants acting as the gatekeepers of small businesses, we look at what technology has come into the market for accounts over the last few years?

You’ve probably been faced with payment objections more than once. We’ve all heard it before: “The price is too high for me”. This can be one of the most frustrating situations for businesses. But you don’t need extensive training to learn how to handle payment disputes. You simply need to further investigate the reasons behind your clients’ objections.

The 2020 annual benchmarking study conducted by the Australasian Legal Practice Management Association (ALPMA) has identified revenue growth, cashflow and lock up as the main financial challenges for law firms, with work in progress (WIP) and debtor days often exceeding 90 days.

At some point, we all go through a challenging time, and these are especially exacerbated during lockdown. Here are five things you can do during a lockdown or testing times with your business.