How to set and track Financial KPIs for your agency
In this episode, our founder W. Michael Hsu shares three important KPIs but many entrepreneurs neglect. You can use these KPIs to track in production performance. They provide you a better insight of how well you run the company. Let’s take a leap into this episode! Topic: 3 KPIs to Track in Your Agency In this […]
Should I increase prices for my products and services?
In this episode, our founder, W Michael Hsu talks about how raising prices can help your business and how 1+1+1=19. He’s not talking about raising your price by 10% or 15%, but simply make 1% change to impact your Net profit. What are you waiting for? Let’s jump right in! Time stamped Show Notes: [00:10] […]
Price versus value versus cost for your service based business
Do you have a hard time to determine your price? In this episode, our founder W Michael Hsu explains the value of cost, seller profit, and buyer profit. Michael also believes that it is possible to have a win-win situation for every party in a transaction. Let’s roll! Value, Price, Cost What is the value? [0:10] […]
How to Build a Financial Dashboard
Are you building your dashboard but don’t know where to start? In Episode 2, our CEO W Michael Hsu picked up what we left in the last episode － the timeliness of the dashboard. Also, he shared few points that give you some direction to start building your own dashboard. Let’s check! Topic: How to Start […]
What Makes a Good Dashboard #MoneyTalk EP01
Do you have a business dashboard set up for your business? What are some tips that worked out for you when building a functional dashboard? In Money Talk – episode 1, our founder, W.Michael.Hsu shared what features a good dashboard should have. And how can you use it to help your business. Let’s tune-in ! Topic – […]
A Simple Step-by-Step Guide to Set Up Your First Financial Dashboard
Why entrepreneurs need a financial dashboard Financial dashboards and KPI had been the latest craze in the business world and the flood of resources (and noise) had made it hard to know where to even begin. So here is a step by step breakdown to set up your business dashboard. How to build a financial […]
Why One Person Accounting Team Never Works in Agency
When an agency gets past $1 million in revenue, it gets harder for agency owners to ignore some of the back office operations that are starting to come apart. The agency’s accounting bookkeeping operations is among the first to go and probably the least favorite problem for entrepreneurs to deal with – clients fighting about […]
What Strategy You Can Learn from Soccer Game
Like many of my fellow Los Angelinos, I am a fan of futbol soccer every 4 years when my world (both real and Facebook) is drowned in chants of “I believe that we will win! I believe that we will win!” So you can imagine my surprise today when the TV screen showed that the […]
How to Pick the Right Accounting Software for Firms
Your firm has been growing rapidly over the past few years. You’ve gotten better clients, hired more people, and the existing platforms you’ve hacked together over the past few years just isn’t enough anymore. You need one place where all of your financial data resides; but with the plethora of options out there, how would […]
3 Ways to Spring Clean Your Accounting
Measure What You Want Done It is no surprise that whenever we focus on an aspect of our business, it tends to get better. Accounting needs to be the tool that enables you to do that. Start from your top-level business goals for the year then work your way back down to the exact line […]
