Well, Is Your Accounting Really Working for You? Does it help you fully optimize your practice to make you money? Or, is it costing you money only reporting your past transactions and historical data?
We get it. We’ve seen a lot over the years, and we’ve seen it over and over with small law firms. That is why the Discovery Accounting Assessment ™ for Lawyers was created. It’s a quick way to learn where you are, where you are failing, where you are at risk, and what you could be doing better.
To build your ideal practice, you need to know: where you’re starting, where you’re going, and the best path between these two points. If you don’t know where you are in relation to where you’re going, you will NOT have a clear financial path to follow.
A Discovery Accounting Assessment ™ is exactly that. It’s an assessment and a great starting point. This process will definitely help you to know where you are starting from. More specific, WHAT IS and WHAT IS NOT working, with your accounting.
Having the right answers is important. It is often more important to start with the right questions.
The Kahuna Discovery Accounting Assessment™ process will equip you with the right questions. It also provides guidance you need to make sense of your accounting, as a business system.*
*Accounting, as a business system, delivers better information. It provides clarity and insight. Consistent, better and more profitable decisions will be made.
An efficient accounting system provides a foundational framework. This enables you to make profitable changes, save money, create meaningful metrics, and guide your profit paths. This also ensures you remain in bar compliance. By only having QuickBooks, Xero, Clio, or other software, is NOT an efficient system by itself.
Let’s face it. None of the other business stuff matters, if YOU lose your license, for failure to comply with IOLTA / IOLA requirements.
Again, please let me be completely candid. If your accounting is SUBOPTIMAL, then your entire practice, as well as your profitability, is SUBOPTIMAL It might even be at risk!
But it does NOT have to be this way.
In fact, while you are protecting your practice, you can actually convert your accounting system. Convert it from a confusing, compliance, cost-center into a powerful, professional practice accelerator!