Physician practice managers: Mind your buckets
When analyzing the cost of a physician practice, we normally segregate those costs into three different “buckets”: revenue generators, revenue enhancers, and revenue preservers. Each bucket performs unique functions and has a differing effect on the practices bottom line. Here’s...
SR Client Question: What should I consider when I begin estate planning?
Initiating the estate planning process is a big step, one too many people avoid for too long. Regardless of your assets or life stage, everyone should undergo an end-of-life planning exercise, primarily through creation of an estate or trust. Customizing...
The 10 Cs of Great Leaders
The First C: Competitive Spirit. Great leaders want to improve and be the best. The Second C: Clutter. CEOs who can cut through the clutter to focus on the most important, most strategic issues have a competitive advantage over those...
Boot the budget? Why rolling forecasts might make more sense
When it comes to budgeting, accountants should stop presenting the numbers and letting others analyze what those numbers mean. If accountants don’t change, warns consultant Steve Player, CPA, CGMA, they’ll lose relevance and possibly lose jobs. “It’s our process that’s...
Making the most of our your meetings
Meetings are an inescapable part of work. All of us have been to well-conceived, efficient meetings as well as meetings that seem to drag on for hours yet accomplish nothing. Meetings must happen for companies to innovate. The flow of...
Our favorite ways to better manage your medical practice
We like this exhaustive list on 101 Ideas for Increasing Revenue and Decreasing Expenses in Your Medical Practice from the blog Manage My Practice. The ones we've seen work particularly well for our medical practice clients include: 1. Add physician...
Special Guest Post: What Does the “Limited Liability” Mean in Your LLC?
John T. Carter is a Partner with Witzke Berry Carter & Wander, PLLC in Bloomfield Hills, MI. Mr. Carter leads the firm’s Business Law and Commercial Transactions group and he has over 18 years of experience working with Michigan based organizations that service...
Congratulations Maria, named to Accounting Today’s 2013 “Managing Partner Elite” list!
Maria Montie, CPA, CVA, CFFA, MST, has been named to Accounting Today’s 2013 “MP Elite” list, recognizing the country's best accounting firm leaders, from firms of all sizes, highlighting the skills and strategies it takes to lead an organization to...
Michigan tech entrepreneurs: Are your accounting and financial systems as tight as your code?
Michigan's start-up scene is on fire, and that means there are lots of entrepreneurs out there looking to get their nascent businesses off to the right start. Preparing a start-up for the days when lenders, venture capitalists or other investors...
SEMINAR Oct. 24 in Novi: “Doctors buying, starting or currently owning a practice — what you need to know”
Physicians are invited to a special seminar Thurs., Oct. 24 featuring ShindelRock's Steve Wisinski and other experts advising on what doctors buying, starting or currently owning a practice need to know. At this informative seminar, you’ll get advice on the...