10 Mindset Shifts To Make More Money In Your Business
Are you struggling to take your business to the next level? Maybe you feel like you’re doing everything right, but you’re still not seeing the results you want. The truth is, making more money in your business isn’t just about tactics and strategies – it’s also about your mindset. In this blog, I’m going to […]
Is It Time to Consider a Fractional CFO for Your Law Firm?
Are you feeling overwhelmed by the numbers in your law firm? Do you find yourself struggling to understand what they truly mean? If so, it might be the right time to consider hiring a fractional CFO. When we first start our small firm, it’s relatively easy to manage revenue, expenses, and profit. But as we […]
Easy Tips to Keep Your Law Firm Safe from Fraud
Running a small law firm takes a lot of heart and hustle. But in all the busyness, it’s easy to miss some sneaky threats to your finances. Let’s talk about some common financial fraud and give you some straightforward tips to protect your hard-earned cash. Accounts Payable Fraud It’s crazy how small amounts can sneak […]
Avoiding Tax Headaches: Common Financial Mistakes Law Firms Make
Running a law firm comes with many challenges, especially when it comes to managing money. While many firms hire bookkeepers mainly for tax filing, having accurate financial records is important for more than just taxes. As a CFO with many years of financial experience, I’ve seen how problems related to taxes can have a negative […]
A Simple Guide to Financial Forecasting for Law Firms
We are going to discuss something really important for your law firm: financial forecasting. It might sound complicated, but it’s just a way to predict how your firm’s finances will look in the future based on what’s happening now. This is super important for making smart decisions, spotting any problems early, and grabbing opportunities to […]
How to Boost Your Confidence and Lead Your Law Firm to Success
Confidence is super important for law firm owners, but it’s often overlooked. In this blog, I’m going to talk about how not being confident can hold you back from achieving your dreams for your firm. Plus, I’ll share some tips on how to kick those confidence barriers to the curb. 1. Fear of Leadership A […]
Don’t Get Lost in the Numbers: How to Quickly Gain Clarity About Your Law Firm Finances
If you’re a law firm owner, your focus is on providing great legal services to your clients. After years of working with folks just like you, I have seen how much stress not understanding your finances can cause you. Some of you tell me when you try to understand your numbers, you get lost and […]
Undertaking a pay equity audit at your business
Pay equity is both required by law and a sound business practice. However, providing equitable compensation to employees who perform the same or similar jobs, while accounting for differences in experience and tenure, isn’t easy. That’s why every company should at least consider undertaking a pay equity audit to assess its compensation philosophy and approach. […]
Improve HR decision-making with a SWOT analysis
According to the U.S. Bureau of Labor Statistics, an estimated 4.5 million people voluntarily left their jobs in November 2021. That’s a record number. In this topsy-turvy labor market, many employers are under greater pressure to make optimal HR decisions. Having a sound, dependable and growth-oriented HR function can help you retain good workers, draw […]
Protecting your company from cryptocurrency fraud
According to blockchain data company Chainalysis, cryptocurrency transactions associated with illegal activity topped $14 billion in 2021. That’s almost double 2020 numbers — and the momentum shows no signs of slowing. In addition to outright cryptocurrency theft, these crimes include investment fraud and ransomware scams that affect businesses. Yet cryptocurrency offers several advantages to entrepreneurs […]
