Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that 2021 ended with inflation hitting 7% – its highest annual rate since 1982 – which makes it more likely that the Federal Reserve could raise interest rates in early 2022 (and potentially more than once […]
What Is Blockchain? All About the New Rage of the Digital Age
The world has drastically changed in the time since the invention of computers. With the rise of the internet, working from home, and digital currency, other technologies have come into play. One of those technologies is the blockchain. What is blockchain, and how can it impact your business? What is the blockchain? Computer databases are […]
How is Omicron affecting Australian businesses?
The new wave of COVID-19 variant Omicron is currently in full swing across the country. We’re now beginning to see the knock-on effects this case explosion is having on the Australian business community. Let’s unpack some of the major effects the rapid spread of Omicron is having on the economy and businesses at large. Staff […]
How is Omicron affecting Australian businesses?
The new wave of COVID-19 variant Omicron is currently in full swing across the country. We’re now beginning to see the knock-on effects this case explosion is having on the Australian business community. Let’s unpack some of the major effects the rapid spread of Omicron is having on the economy and businesses at large. Staff […]
How to Record a Cost of Goods Sold Journal Entry 101
As a business owner, you may know the definition of cost of goods sold (COGS). But do you know how to record a cost of goods sold journal entry in your books? Get the 411 on how to record a COGS journal entry in your books (including a few how-to examples!). What is COGS accounting? […]
Kitces & Carl Ep 77: Virtual Or In-Person Meetings: What Do Clients Really Want?
Traditionally, financial planning meetings were held in person, which created intimacy, but limited an advisor’s clientele to those who could physically get to their office. Advancements in technology allowed some advisors to increase their virtual communication, but almost all advisors found themselves operating in a virtual environment at some point during the pandemic. For many […]
How to embrace change – a business guide
It’s not a controversial thing to say that a lot has changed in a short amount of time. While some businesses have failed, many endured and others flourished, what can you say about your business’s ability to endure change and emerge cash positive? Do you wish your business to remain agile, profitable, and relevant into […]
3 Essential Client Meeting Skills For Financial Advisors (And How To Develop Them!)
As increasing numbers of new financial advisors enter the industry through support roles (e.g., analysts, paraplanners, and associate advisors), many newer advisors today spend much of their time on ‘back-end’ tasks like data input and analysis rather than meeting with clients (which is reserved for more-experienced lead advisors). Which means that, while many newer advisors […]
Why Is Bookkeeping Important for Small Business?
Small business owners have a lot on their plates. That’s why it can be a little scary to realize that bookkeeping is yet another task you have to complete to keep your business running. After all, why can’t you skip it altogether and pass it on to an accountant? Well, there are a few reasons […]
#FA Success Ep 263: Building A High-Touch Boutique Firm Serving Tech Executives As Their Personal CFO, With Joyce Franklin
Welcome back to the 263rd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Joyce Franklin. Joyce is the founder of JL Franklin Wealth Planning, an independent RIA based in the San Francisco Bay Area that oversees about $200 million of assets for 40 client families. What’s unique about Joyce, though, […]