The Bookkeepers' Podcast

By The 6 Figure BookkeeperBusiness

The Bookkeepers' Podcast episodes

February 13, 2023 Episode 201: CASH Flow for your BOOKKEEPING clients with Colin Hewitt from Float
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
The Bookkeepers' Podcast is all about discussing the latest trends and innovations in the bookkeeping industry. Today our guest is Colin Hewitt of Float, and we discuss how cash flow forecasting is a powerful tool for your clients.
In this episode we discuss the importance of small businesses understanding their cash position and how bookkeepers can offer cash flow forecasting as an additional service. We also discuss how tools like Float integrate simply with existing accounting software, making forecasting cash flow as easy as pressing a button.
Small businesses face a unique set of challenges, and one of the biggest of these is managing cash flow. A lack of visibility into their cash position can result in unexpected shortfalls, but knowing where they stand financially empowers business owners to make smart financial decisions.
As with any service, adding cash flow forecasting relies upon effective communication with clients.
Resources:
Are you 6 Figure Ready? Take our Quiz
6figurebookkeeper.scoreapp.com
----------------------------------
Find out more about Jo and Zoe by following The 6 Figure Bookkeeper on YouTube.
https://www.youtube.com/c/6FigureBookkeeper
----------------------------------
Community: The 6 Figure Bookkeepers' Club on Facebook
6figurebookkeeper.club
-----------------------------------------
Book
Order your copy of our bestselling book
The Bookkeeper Rises
-----------------------------------------
Courses
Find out more about The Bookkeepers' 6-Month Success Programme.
Join our Bookkeepers' Startup Programme
6figurebookkeeper.com/startup
------------------------------------------
About our sponsor
Get a 30-day free trial and two months' half price of Go Proposal by going to
bit.ly/6FBGP
------------------------------------------
About us
We help bookkeepers find clients, make more money and build businesses they love that work for them. We're raising the profile of the bookkeeping profession and bookkeepers worldwide.
Whether you're a bookkeeper or accountant wanting to grow your own business to have the flexibility for your life, and your family, come and join us.
Join our FREE Facebook community, The 6 Figure Bookkeepers' Club, to experience this revolution for yourself.
-----------------------------------------------
Connect
Connect with Jo Wood and Zoe Whitman in The 6 Figure Bookkeepers' Club on Facebook at 6figurebookkeeper.club
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
50 min
February 13, 2023 Episode 200: BOOKKEEPING business GROWTH through adversity with Kathryn Frimond
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
On this episode of The Bookkeepers' Podcast, we speak to Kathryn Frimond of Your Local Bookkeeper. Kathryn has not only grown her practice but she's done it under exceptionally challenging personal circumstances. This interview is a testament to the motivation and drive Kathryn has - and the support of the Success Lounge.
Kathryn is the owner of a thriving bookkeeping practice that specialises in supporting sustainable businesses. Kathryn's niche has helped her attract ideal clients and grow her business through referrals.
Kathryn shares how she found sub-contractors who wanted to help her keep her business running when she had to step away for personal reasons. Despite this adversity, Kathryn's business turnover has doubled, making her an inspiring example of someone who just gets things done.
Kathryn also discusses her unique approach to software, choosing tools that align with her values of sustainability. This not only helps her provide better service to her clients but also helps her systemise her business, allowing her to grow even more.
Join us as we delve into Kathryn's story, her journey to success, and the lessons she has learned along the way.
Did you hear our interview with Kathryn Frimond?
On this episode of The Bookkeepers' Podcast, we speak to Kathryn Frimond of Your Local Bookkeeper. Kathryn has not only grown her practice but she's done it under exceptionally challenging personal circumstances. This interview is a testament to the motivation and drive Kathryn has - and the support of the Success Lounge.
Kathryn is the owner of a thriving bookkeeping practice that specialises in supporting sustainable businesses. Kathryn's niche has helped her attract ideal clients and grow her business through referrals.
Kathryn shares how she found sub-contractors who wanted to help her keep her business running when she had to step away for personal reasons. Despite this adversity, Kathryn's business turnover has doubled, making her an inspiring example of someone who just gets things done.
Kathryn also discusses her unique approach to software, choosing tools that align with her values of sustainability. This not only helps her provide better service to her clients but also helps her systemise her business, allowing her to grow even more.
Join us as we delve into Kathryn's story, her journey to success, and the lessons she has learned along the way.
Time stamps:
0:00 Introduction
1:00 Kathryn's background
7:00 Kathryn's client base and niche
11:30 How Kathryn works with her clients
18:30 How Kathryn is changing her practice
Resources:
Are you 6 Figure Ready? Take our Quiz
6figurebookkeeper.scoreapp.com
----------------------------------
Find out more about Jo and Zoe by following The 6 Figure Bookkeeper on YouTube.
https://www.youtube.com/c/6FigureBookkeeper
----------------------------------
Community: The 6 Figure Bookkeepers' Club on Facebook
6figurebookkeeper.club
-----------------------------------------
Book
Order your copy of our bestselling book
The Bookkeeper Rises
-----------------------------------------
-----------------------------------------------
Connect
Connect with Jo Wood and Zoe Whitman in The 6 Figure Bookkeepers' Club on Facebook at 6figurebookkeeper.club
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
37 min
February 13, 2023 Episode 199: How I doubled the turnover in my BOOKKEEPING PRACTICE: Laura Green
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
We were so inspired by our conversation with Laura Green. Laura is the owner of LG Virtual Services and inspired us by her motivation to build a flexible business around her son after leaving her employer.
Laura Green started her own practice after being made redundant from her previous job. She found her niche as a Virtual Assistant (VA) specialising in bookkeeping services after researching different options during the pandemic. With her personal circumstances changing after having a baby, Laura was looking for a flexible work arrangement and saw the potential for building a successful bookkeeping practice.
Laura believes that niching in bookkeeping has been key to her success. By focusing on a specific area of expertise, she has been able to build a reputation as a knowledgeable bookkeeper who understands her specific sector. This has helped her attract the right clients and grow her business.
Laura supports her clients with a range of bookkeeping services, but started out with VA services. Becoming clearer on her niche, she specialised and has recently expanded her offering to include advisory services such as cash flow management and reporting. To ensure that her clients receive the best possible support even when she's taking time out of the business to be with her son, Laura subcontracts these additional services to trusted professionals in the field.
Over the past 12 months, Laura has more than doubled her turnover. This growth has been achieved by increasing her prices, expanding her service offering, and becoming more confident in her business.
One of the biggest changes that Laura has made to her business is moving from hourly rates to fixed prices. While one client was initially unhappy about the repricing, Laura has found how to express her value to her clients and this change has given her more control over her time and workload. With a fixed price structure, she is able to provide a more consistent and predictable service to her clients.
Laura's bookkeeping practice has given her the flexibility she was looking for. She now has Fridays off to spend with her son and was able to take three weeks off during the holidays. This has been possible because she relies on trusted subcontractors to support her business.
Laura is an inspiration to others who are considering starting their own business. With determination, hard work, and a clear focus on her niche, she has built a successful bookkeeping practice that gives her the flexibility and freedom she was looking for. Her clients appreciate her expertise and the value she brings to their businesses, and she is proud to have established a reputation as a trusted and reliable bookkeeper.
Community: The 6 Figure Bookkeepers' Club on Facebook
6figurebookkeeper.club
About our sponsor
Get a 30-day free trial and two months' half price of Go Proposal by going to
bit.ly/6FBGP
------------------------------------------
About us
We help bookkeepers find clients, make more money and build businesses they love that work for them. We're raising the profile of the bookkeeping profession and bookkeepers worldwide.
Connect
Connect with Jo Wood and Zoe Whitman in The 6 Figure Bookkeepers' Club on Facebook at 6figurebookkeeper.club
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
34 min
February 10, 2023 Episode 198: How I'm building my successful bookkeeping practice with Emma James
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
Emma James of The Number Ninja is a successful business owner who has built her own bookkeeping practice from the ground up. Despite not initially enjoying networking events, she attended every one she could in order to find clients and grow her business. This persistence paid off, and within the first six months of starting her practice, she was able to refine her target client base, which allowed her to quickly move on clients who were not the right fit for her business.
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
One of Emma's key challenges was finding a way to grow her business without having to bring on additional staff. She was keen to work alone and leveraged technology and automation to help streamline her processes and increase her efficiency, allowing her to handle more clients without having to increase her headcount.
However, due to changes in her personal circumstances, Emma decided to bring on a team member. By reviewing her cost base, Emma was able to maintain and increase her profitability. Her focus on technology and automation meant she was already systemised and these systems made it easy to bring a team member onboard whilst managing challenging circumstance.
The recent recession has been a challenge for many businesses, but Emma has been able to weather the storm thanks to her commitment to providing high-quality service to her clients. She has also been able to maintain her focus on her target client base, which has helped her to stay afloat during these difficult times.
Emma's story is an inspiration for anyone looking to start their own business. Despite challenges and obstacles along the way, she has been able to build a successful and profitable bookkeeping practice, and is now working on her goal of removing herself from the bookkeeping work as much as possible. Her commitment to providing high-quality service and leveraging technology has been key to her success.
Resources:
Are you 6 Figure Ready? Take our Quiz
6figurebookkeeper.scoreapp.com
----------------------------------
Find out more about Jo and Zoe by following The 6 Figure Bookkeeper on YouTube.
https://www.youtube.com/c/6FigureBookkeeper
----------------------------------
Community: The 6 Figure Bookkeepers' Club on Facebook
6figurebookkeeper.club
-----------------------------------------
Book
Order your copy of our bestselling book
The Bookkeeper Rises
-----------------------------------------
Courses
Find out more about The Bookkeepers' 6-Month Success Programme.
Join our Bookkeepers' Startup Programme
6figurebookkeeper.com/startup
------------------------------------------
About us
We help bookkeepers find clients, make more money and build businesses they love that work for them. We're raising the profile of the bookkeeping profession and bookkeepers worldwide.
Whether you're a bookkeeper or accountant wanting to grow your own business to have the flexibility for your life, and your family, come and join us.
Join our FREE Facebook community, The 6 Figure Bookkeepers' Club, to experience this revolution for yourself.
-----------------------------------------------
Connect
Connect with Jo Wood and Zoe Whitman in The 6 Figure Bookkeepers' Club on Facebook at 6figurebookkeeper.club
48 min
February 06, 2023 Episode 197: Setting Financial Goals in a Cost of Living Crisis with Catherine Morgan
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
In this episode of The Bookkeepers' Podcast, we were joined by Catherine Morgan, business coach and financial expert.
Catherine believes that our emotional relationship with money plays a significant role in shaping our financial goals and how we make financial decisions. This isn't just an issue for us, but also for our clients who may tie their emotions to money and may not even realize it. Understanding these emotions is an important step towards creating a healthier relationship with money and setting achievable financial goals - both for us and for our clients.
Catherine suggests that we need to change our mindset from feeling like we "need" more clients to feeling we would like to attract more clients. This shift in mindset can help us focus on creating a positive and productive relationship with our clients and help them feel more comfortable working with us as financial professionals rather than attracting the wrong clients.
When it comes to setting financial goals in a recession, Catherine stresses the importance of knowing your numbers. Understanding your current financial standing is essential in developing realistic goals that can be achieved within the current economic climate. This means being aware of your expenses, income, and profits, and using that information to create a comprehensive plan.
One challenge that many businesses face in a recession is the pressure from clients to cut prices. Catherine suggests that instead of simply lowering prices, we can have a conversation with our clients about their financial concerns and offer solutions that can help them overcome these challenges. This can involve working together to find ways to reduce expenses or exploring alternative options for generating income.
Finally, Catherine highlights the importance of helping clients worry less during these uncertain times. She suggests that as financial professionals, we can offer guidance and support to our clients to help them feel more confident and secure. This can involve having open and honest conversations about their financial situation, offering advice on how to handle their finances during a recession, and being available to answer any questions or concerns they may have.
In this interview, we learn that setting financial goals in a recession requires a holistic approach that takes into account our emotional relationship with money, our current financial situation, and the needs of our clients. By focusing on creating a positive and abundant mindset, knowing our numbers, and being there for our clients, we can help them feel more confident and secure, and ultimately achieve our financial goals as well.
Resources:
Are you 6 Figure Ready? Take our Quiz
6figurebookkeeper.scoreapp.com
----------------------------------
Find out more about Jo and Zoe by following The 6 Figure Bookkeeper on YouTube.
https://www.youtube.com/c/6FigureBookkeeper
----------------------------------
Community: The 6 Figure Bookkeepers' Club on Facebook
6figurebookkeeper.club
-----------------------------------------
Book
Order your copy of our bestselling book
The Bookkeeper Rises
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
45 min
January 27, 2023 Episode 196 Supporting your clients with Management information
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
Jo Wood and Zoe Whitman were joined by Vangelis Kyriazis from Syft Analytics to talk about how you can support your clients with management information.
In this episode of The Bookkeepers' Podcast, we're joined by Vangelis Kyriazis from Syft Analytics to discuss how bookkeepers can offer advisory services, specifically during the recession.
You'll learn:
What we mean by advisory services
How bookkeepers add an introductory advisory service
Whether every client needs advisory services
How to tailor advisory services to the needs of a business during the recession
How to sell advisory services
Specific information to include on a one-page summary
Why advisory services means more than calculating a few ratios
There were some great gems of information in this episode and we hope you find it useful as you consider how to support your clients during this time.
Resources:
Are you 6 Figure Ready? Take our Quiz
6figurebookkeeper.scoreapp.com
----------------------------------
Find out more about Jo and Zoe by following The 6 Figure Bookkeeper on YouTube.
https://www.youtube.com/c/6FigureBookkeeper
----------------------------------
Community: The 6 Figure Bookkeepers' Club on Facebook
6figurebookkeeper.club
-----------------------------------------
Book
Order your copy of our bestselling book
The Bookkeeper Rises
-----------------------------------------
Courses
Find out more about The Bookkeepers' 6-Month Success Programme.
Join our Bookkeepers' Startup Programme
6figurebookkeeper.com/startup
------------------------------------------
About our sponsor
Get a 30-day free trial and two months' half price of Go Proposal by going to
bit.ly/6FBGP
------------------------------------------
About us
We help bookkeepers find clients, make more money and build businesses they love that work for them. We're raising the profile of the bookkeeping profession and bookkeepers worldwide.
Whether you're a bookkeeper or accountant wanting to grow your own business to have the flexibility for your life, and your family, come and join us.
Join our FREE Facebook community, The 6 Figure Bookkeepers' Club, to experience this revolution for yourself.
-----------------------------------------------
Connect
Connect with Jo Wood and Zoe Whitman in The 6 Figure Bookkeepers' Club on Facebook at 6figurebookkeeper.club
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
36 min
January 19, 2023 Episode 195: Build your BOOKKEEPING business in a RECESSION
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
In this episode of The Bookkeepers' Podcast we discuss practical ways to support your clients during the recession so you can continue to build your business.
Small businesses need bookkeepers MORE THAN EVER!
We also introduce you to Bookkeepers' Bootcamp, our free virtual 4-day event to help you grow your business. Register free at bookkeepers.training
Small businesses are facing a multitude of difficulties right now, from shortages of staff, difficulty finding employees, and financial difficulties such as paying back loans and managing debt as well as seeing impacted revenues and rising costs.
And seeing your clients facing difficulties may have you questioning the future of your own business. We need to remember that bookkeepers are just as important during difficult economic times and your services are needed regardless of financial difficulties. What you do goes beyond just bookkeeping, you are able to provide valuable insights and hold conversations about financial forecasting, cost-cutting, and analysis which gives additional value to your clients. Having these conversations and looking into the financial reports with the clients can bring more value than just simple cost cutting.
In this episode we help you connect with the practical ways you can help clients during this time.
Bookkeepers' Bootcamp
Join us from 6-9 February to discuss how to build a business during a recession and how to change the way you talk to clients. We want to help you understand your clients' needs better so you can support them at a higher level and change the way you position bookkeeping services to be seen as a non-negotiable investment. We will have guests speak about financial goal-setting and bookkeeping best practices. Bookkeeper' Bootcamp is a four-day event with three sessions a day designed to help you build a better business.
Register free at bookkeepers.training
Resources:
Are you 6 Figure Ready? Take our Quiz
6figurebookkeeper.scoreapp.com
----------------------------------
Community: The 6 Figure Bookkeepers' Club on Facebook
6figurebookkeeper.club
-----------------------------------------
Book
Order your copy of our bestselling book
The Bookkeeper Rises
-----------------------------------------
Courses
Find out more about The Bookkeepers' 6-Month Success Programme.
Join our Bookkeepers' Startup Programme
6figurebookkeeper.com/startup
------------------------------------------
About our sponsor
Get a 30-day free trial and two months' half price of Go Proposal by going to
bit.ly/6FBGP
------------------------------------------
About us
We help bookkeepers find clients, make more money and build businesses they love that work for them. We're raising the profile of the bookkeeping profession and bookkeepers worldwide.
Whether you're a bookkeeper or accountant wanting to grow your own business to have the flexibility for your life, and your family, come and join us.
Join our FREE Facebook community, The 6 Figure Bookkeepers' Club, to experience this revolution for yourself.
-----------------------------------------------
Connect
Connect with Jo Wood and Zoe Whitman in The 6 Figure Bookkeepers' Club on Facebook at 6figurebookkeeper.club
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
32 min
January 03, 2023 Episode 194: How to sell bookkeeping services through Facebook
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
In this episode of The Bookkeepers' Podcast, we discuss the importance of having a Facebook business page for your business.
We also touch on the concept of having both a personal brand and a business brand on Facebook, and how to effectively use both in order to grow your audience and find more clients.
Having a business page is key for advertising on Facebook, but it's also important to interact with your audience as an individual. To effectively use Facebook to sell your services, it's important to have a clear understanding of the differences between a personal profile and a business page, and to find a balance between promoting your business and engaging with your audience on a personal level.
------------------------------------------
About our sponsor
Get a 30 day free trial and two months' half price of Go Proposal by going to bit.ly/6FBGP
------------------------------------------
About us
See a full list of courses and ways to work with us at 6figurebookkeeper.com/links
Join our free community and take our free training at 6figurebookkeeper.com/links
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
38 min
November 28, 2022 Episode 193: How to feel comfortable raising your profile: Lucy Sheridan
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
42 min
November 28, 2022 Episode 192: How I'm building my personal brand to find clients: Claire Johnson
Find out your next step in bookkeeping.
Free calls and books. https://bookkeeperssupport.com
-----------------------------------------------
About us
We help bookkeepers find clients, make more money and build businesses they love that work for them. We're raising the profile of the bookkeeping profession and bookkeepers worldwide. Whether you're a bookkeeper or accountant wanting to grow your own business to have the flexibility for your life, and your family, come and join us.
-----------------------------------------------
About our Sponsor
This episode of The Bookkeepers' Podcast is sponsored by Xero. Find out more at: https://www.xero.com/uk/campaign/new-partner-programme/?utm_source=6FB&utm_medium=podcastnotes&utm_campaign=Q2
-----------------------------------------------
Disclaimer
The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.
32 min