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A Simple Business Plan for Small Business Accountants Miami

Miami Accounting Service discover the momentum that technology can bring to their clients and I’m often asked what the most successful technology is

A Simple Business Plan for Small Business Accountants Miami

A Simple Business Plan for Small Business Accountants Miami

It’s doubtful that no two words in a Small Business Accountants Miami vocabulary are procrastinated over more than these two: “Business Planning”.

This simple phrase can conjure up visions of being hunkered down over a desk trying to justify, forecast, number-crunch, and ultimately wrestle with the current state of your Accountants Miami Firm compared with where you want it to be five or ten years down the line.

But the business planning process doesn’t have to start and end this way.

If you really want to succeed at let’s say a Accountants’ Miami Firm, as in life, planning should be part of everything you do, and, it never stops.

Just think about the simple act of hitting the road to attend a business meeting across the state. You may not be conscious of this fact, but you have already undertaken a series of planning steps and adopted precautionary measures to ensure you arrive at your destination safely and on time.

Over time, this might mean you have invested in a number of available GPS navigation tools, roadside support options, and insurance policies, that will help you plan for each car journey and prepare for the obstacles that you may encounter on the way.

For many Accountants in Miami, start-ups and other entrepreneurs – the business planning process aren’t actually a whole lot different. And, while it’s unlikely that you would start a car journey with an encyclopedic-sized travel plan at your side, neither is it absolutely necessary to have a 100-page business plan to steer your Small Business Accounting Business towards its long-term goals.

Keep it Simple Stupid (KISS)

Whether you are an Accountants in Miami, a home-based business, or have your sights set on Main Street, you want to ensure you scale your plan to your business needs. This includes understanding your market, having a clear view of your capital needs, your budget, and cash flow, and, just as you would when you get behind the wheel, list some basic assumptions about where your Accountants Miami is now and where you want it to go, and of course, what is it going to take to get you there.

For Accountants in Miami or a home-based business, this might be as simple as having a goal to expand your client base from two to six by the end of the year and having a plan to do so. The plan might include networking, building up a referral base, creating a professional website, and starting a blog.  And as your business grows, your plans and benchmarks will grow accordingly.

Break Up Your Plan into Mini-Plans

While a strategic business plan is essential, you also need to break up the planning process across the different functions of your business. You need “mini-plans” for all areas of your business, that you visit monthly, if not weekly.

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This post was last modified on April 19, 2021 8:33 AM

Gustavo Viera

Gustavo A Viera is the managing partner of Accountants in Miami. His experience spans more than 35 years. He started his career in public accounting at the Big 4 CPA Firm of PriceWaterHouseCoopers where reached the level of senior audit manager. His Fortune 500 experience includes positions as CFO - Latin America Region for both Hewlett Packard and Telefonica of Spain. Gustavo also writes a blog twice a week that addresses trending accounting and tax issues. He is an SBA Advisor and teaches workshops for aspiring entrepreneurs. His office is located at 8950 SW 74 Court Suite 2201 – Miami, FL 33156 and is admitted to practice in the State of Florida as a licensed Certified Public Accountant. Gus welcomes questions and he can be reached at 305-431-2601.

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