View profile

🦃 Giving Thanks for Cloud Accounting

This Thanksgiving, I'll be giving thanks for cloud accounting.  Really! You might think I'm crazy. Ho
November 22 · Issue #64 · View online
Cloud Accounting Weekly
This Thanksgiving, I’ll be giving thanks for cloud accounting. 
You might think I’m crazy. How could anyone possibly be that thankful for accounting software?
Well, it’s now six years ago that I started playing around with cloud apps. At the time I was freelancing as a part-time bookkeeper.
All I was aiming to do was cut down on the time I was wasting running around town to my various clients.
But these apps ended up creating a much bigger opportunity.
Cloud accounting gave me the opportunity to start my own firm and sell it just three years later. It gave me specialized knowledge that I leveraged into a management position at a large accounting firm.
In five years I went from $25 an hour to $250 an hour!
That’s a 10x improvement— just the sort of result you’d expect from tech that’s truly game-changing.
Now, I understand that I’m an outlier, and not everyone is going to see the same results. But what if you could increase your revenue by 20% without adding any staff? For many firms, that would lead to a doubling of profits. That alone could be life changing for many accountants.
So, that’s why I’m thankful for cloud accounting, and also why I’m excited to see where it takes us in 2018 and beyond.
As always, here’s my curated collection of the best links I clicked on this past week. Also, you can now subscribe to my podcast on iTunes and Google Play.

Top Stories
New Features and Improvements Announced at QuickBooks Connect
Introducing the Lifestyle Accountants Community
App Updates
QuickBooks Online - Sales Tax Update
Deputy - The New Kiosk
FloQast - Tags FloQast - Tags
Sales & Marketing
How to structure your blog post so people will actually read it
Practice Management
How to Scale your Business and Stay Punk Rock
The Classification of Bitcoin and Cryptocurrency by the IRS
Remote Work
Why Do We Still Commute?
GDP Doesn’t Work In A Digital Economy
The Best Standing Desks
50% of Businesses Still Use Paper Checks - But They Won't For Long
Right Networks Acquires Xcentric
Did you enjoy this issue?
If you don't want these updates anymore, please unsubscribe here
If you were forwarded this newsletter and you like it, you can subscribe here
Powered by Revue
14721 Califa St, Los Angeles, CA 91411