Show Summary In this episode, Penny Breslin shares how and why she started outsourcing accountants and bookkeepers. She started outsourcing in 1999 when the technology wasn't as advanced as today. She experienced how technology has changed over the years, which she also discusses with us in today's episode. Missteps are inevitable in businesses. Penny shares with us some of the mistakes accounting and bookkeeping firms are doing when they are trying to work with an outsourced provider. Penny has organized internal systems and processes to go for her employees, which is very significant to the company's success.   Website: https://moneypennyllc.com/ Twitter: https://www.linkedin.com/in/penny-breslin-0228b81/ Corporate Partner:  People Process – https://peopleprocesses.com/ 

Penny Breslin: Outsourcing Accounting and Bookkeeping

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Show Summary                                                                                     In today's episode of the Grow My Accounting Practice Podcast, Tim Thompson delves into common misconceptions about taxes within Profit First Circles. He addresses the skepticism often heard from prospects, such as disbelief in their reported income or reluctance to accept their tax obligations. Tim offers insights on navigating these challenges and emphasizes the importance of professional support in implementing Profit First strategies, especially when accountants are resistant to the approach. Tim also tackles the perception of accounting services as commodities and explores strategies to differentiate and add value. He provides valuable perspectives on proving the naysayers wrong and establishing a unique position in the market. Additionally, Tim shares his "Nasty" approach to business and its effectiveness in driving growth and profitability. Looking ahead, Tim discusses the future direction of his business, highlighting upcoming initiatives and areas of focus. He offers glimpses into his vision for expansion and development, showcasing his commitment to continuous improvement and innovation in serving clients. Tune in to gain valuable insights from Tim's experiences and expertise in navigating the complexities of the accounting industry.           Website: www.timthompsoncpa.com Facebook: https://www.facebook.com/mydfwcpa Twitter: https://www.twitter.com/mdfwcpa Youtube: https://www.youtube.com/@mydfwcpa                   Corporate Partner:  Impact Global Solutions - https://www.linkedin.com/in/laurencewhittam/                                                                                             

Tim Thompson: Tax Transformation: Turning Junk into Treasure

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Kathy Dise: Budgeting Strategies

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Penny Breslin: Outsourcing Accounting and Bookkeeping

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