BRIAN T. STONER, CPA  

  You can count on us to count for you!

 Award for Best Accountant in Burbank, CA by Best Businesses - 2016, 2015 and 2014

Small Business Excellence Award for the category of Accountants in Burbank, CA  - 2016






May 2, 2017 

   

 We Need Your Referrals to Grow Our Business!
Accounting Background
 
  EMAIL NOW AT  [email protected]
  
2600 W. Olive Ave, 5th Floor
Burbank, CA 91505

 
I write a BLOG  called 'MUSINGS OF A BURBANK CPA' on Financial and Tax Items I feel are worth sharing!  You can access
MY BLOG here:
 
 


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WAYS TO BEEF UP CUSTOMER SERVICE AND INCREASE YOUR PROFITS
 
  Article one talks about  ways to upgrade your customer service techniques  and Article two shows eight ways to increase your bottom line.
     

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818-333-5095 or 818-317-6035 
  
  
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Five Ways to Add Pizzazz to Your Customer Service
    
It's the little things that add up to make an exceptional experience for your customers. Here are five "little things" you can add to your services to create an exponentially memorable connection with your customers. 
 
Generosity
 
Add a little extra something to the products or services you offer. It could be a piece of chocolate like Hershey's® Kisses®. It might be a handwritten thank you note. It could be a coupon for their next visit. It could be a bottle of water.
 
These little additions pack a huge wallop for the customer experience. And none of them cost a lot to implement (unless you eat all the Hershey's® candies yourself). Think of what you can add to your customer experience so that the customer sees you as generous and caring.
 
Speed
 
Many customers value their time, and adding speed to your service will be appreciated. When customers call in or email you for a service question, how fast do you respond?
 
Set response time goals for you and your employees to respond to customer issues and questions. You might choose one minute, four hours, or one day for response time, depending on your business. Make sure customer emails are answered first, and have someone monitoring the phone during business hours. 
 
Track your results and reward your fastest employees.      
 
Acknowledge and Apologize
 
Sometimes things go wrong, and an apology to the customer is in order. In most cases, customers simply want to be heard, so your listening skills are your best asset at that moment.
 
As an entrepreneur, the buck stops with you. Even though it might not have been your fault, it's sometimes a good idea to simply apologize in the sincerest way possible. If there's something that needs to be done to make it right, go overboard. Give the refund, take the loss, and let the customer win. 
Positive Communications  
 
How you word things can make all the difference. Which sounds nicer?
 
"That item is out of stock and won't be in for six weeks."
"We will have that item in stock in six weeks."
 
The first sentence has two negatives (out of stock and won't), while the second sentence is positive. It avoids the negative wording.
 
It's a small but powerful change in the customer experience. Think about how you can word your communications so that there are more positive words and fewer negative words when speaking with customers.
 
Your Full Attention
 
Although you want to respond to customer issues with speed as mentioned above, while you are working with the customer, take time to slow down and really engage with the person. Our world is so fast, and some companies even reward multi-tasking, but no customer appreciates interruptions when being helped.  
 
When you are with a customer, even on a phone call, be with the customer. Avoid interruptions and distractions, and give them your full attention. It's the most powerful thing on this list. Treat them as a real person, not just another figure, and the customer will notice.
 
Try one or more of these five customer service boosts to take your customer service experience to the next level.  


  
  
  
 

You can count on us to count for you!  

 

 




Issue 110



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818-333-5095
OR 818-317-6035

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In This Issue

 

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          BRIAN T STONER, CPA

 

   

 

 

 

 

 

 

 

 

 

 
Accounting Employment Opportunities  

 
Pauline Casbon of Casbon & Associates, LLC is a professional recruiter I have known for quite a while. She is very professional and can help accountants looking for work get a new position as well as find accounting professionals for business and industry.
   
 
Full Time Job Opportunities: Contact Pauline Casbon at
310 859 3805

Website:

www.casbonassociates.net

See my Linkedin page:

www.linkedin.com/in/PaulineCasbon 
 
  Referral fee for any potential employee that is placed in any of the following positions.      
 
  Immediate Hires!    


Tax Managers, CPAs needed for Encino, West Los Angeles, Century City and Woodland Hills. $$$ Competitive and top salary! Career track to Partnership if desired. 
 
Staff Accountant required to join their other young team of accountants for CPA firm located in 
Century City & Santa Monica, g
reat opportunity, career path offering salary up to $75k commensurate with experience, plus OT and bonus.

Audit & Tax Accountant, looking for a Generalist for our Sherman Oaks location. Great career path opportunity! Competitive salary and benefits.

Account Managers for business management accounting firm. Datafaction required. Excellent opportunity, competitive salary and benefits. Located in Santa Monica, West Los Angeles, Beverly Hills, Century City, and Westwood.

Assistant Bookkeeper and Bookkeepers for business management accounting firm in Sherman Oaks, Encino, Century City, Beverly Hills, Westwood and West Los Angeles. Opportunity for great career path in business management, salary up to $55k. Datafaction preferred.

Bookkeeper for CPA firm in Arcadia. Need an experienced bookkeeper looking for a       long-term career.

Audit Senior/Manager, CPA for Woodland HIlls, Century City, Arcadia, West Los Angeles and Pasadena. Competitive salary and good benefits. Career path opportunity!!

Tax Accountant, CPA for prestigious firm in Century City and Encino, definite opportunity for career path.

Bookkeeper with Quickbooks for Encino location. Hiring after 4-15-2017.

Tax Seniors for West LA, Century City, San Fernando Valley and the San Gabriel Valley; CPA firm and Business Management Accounting firm, seeking potential employees looking for a career path!
 
Business Manager for Bus. Management Accounting firm to become a Partner.  Century City. CPA Certification.
 
 Two Audit Seniors for CPA firm located in Santa Monica. Career path opportunities.
 
 
Tax Accountant for Century City and Encino 1 to 2 years experience of tax preparation with a CPA firm and/or Business Management accounting firm.
 
 
Tax Partner/ Tax Senior experience with real estate syndication, West Los Angeles.
 

Property Manager for Real Estate firm in Westlake Village.

Royalty Analyst required for firm located in Encino. 

   
Looking for immediate hires! 
 
I am looking to expand my client base, if you would like further information regarding my staffing services, please do not hesitate to call.  I am happy to visit your office which helps me gain an even better understanding of your firm's culture and staffing requirements.  Please review my website at


and/or review my Linkedin profile.

www.linkedin.com/in/PaulineCasbon


Call 310 859 3805 for further information.  Send resume(s) as a word attachment to :
  

   
 
Eight Ways to Increase Your Profits
  
Increasing your profits might sound like it's an unattainable dream just out of your reach. But there are a finite number of ways that profits can be increased. Once you understand what they are, you'll have clarity on how to best reach your goals.
 
There are two primary ways to increase profits:
  • Raise revenue
  • Lower expenses
 
That's not particularly enlightening or instructional, is it? Let's look at the four ways you can increase revenues and the four ways you can reduce expenses to get clearer on what actions we can take. 
 
Four Ways to Increase Revenue:
 
1. Raise prices

 

The easiest way to raise revenue is to simply raise prices. However, this is not foolproof and assumes you'll be able to maintain the volume of sales you've achieved in the past.
 
This method is also limited by market demand, what your customers are willing to pay.
 

2. Add new customers

 
Adding new customers is what most entrepreneurs think about when raising revenue. Increasing your marketing or adding new marketing methods is typically the way to add new customers.
 
Another related option is to work hard to keep the customers you already have. You can also potentially contact the customers you lost and ask them to come back.
 

3. Introduce new products or services

 
For some companies, your products and services are changing every year. For others, not so much. To increase revenue, consider adding new products or services that will bring in an additional revenue stream that you didn't have before. 
 
Even if your products are changing every year, you can consider adding something completely different that your customer base would love.  For example, a hair salon could add a nail desk, a clothing store could add handbags or shoes, a grocery store could add a coffee bar, a restaurant could add catering, a landscaper could add hardscaping, and so on.
 

4. Acquisition of another business

 
The final way a business can increase revenue is to acquire another business in a merger or acquisition.
 
Four Ways to Reduce Expenses:
 

1. Negotiate for a better deal with vendors

 
If you've been working with a vendor for a while, you may be able to re-negotiate your contract with them. This is especially common with telecom companies. Call you phone provider and ask them for the latest deal. They always favor new customers over long term customers, but they don't want to lose customers either. Just calling them usually yields a better price than what you are paying now.
 

2. Change vendors

 
If a vendor has gotten too expensive, it might be time to look for a new vendor. Health care insurance seems to be in this category. Often, changing providers will lower your costs. 
 

3. Cut headcount

 
If there is not enough work to support your employees or not enough cash flow to pay them, then it might be time for a layoff or restructuring. You might also consider outsourcing a function that you previously did in-house.
 

4. Cut some expense or reduce services

 
It might be your business no longer needs to spend money on an expense. Perhaps this expense has been automated. In this case, it's an easy decision to cut the expense out entirely. 
 
Those are the eight ways to increase profits. Which make the most sense in your business? Create a plan around these eight ideas to boost your profit in 2017.  Let us know if we can try and answer some of our questions.
 
    
  
    
 You Can Count On Us to Count For You!       


Brian T. Stoner, CPA 
2600 W. Olive Ave., 5th Floor
Burbank, CA 91505
(818) 333-5095  CELL (818) 317-6035
FAX (818) 566-1499
[email protected]