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Dealing with family members is a critical aspect of managing a family office. Here are four general tips when dealing with family members: - Distribution: Determining the amount manner and timing- without conflict. - Educating Future Management and Investors: Preparing family members for perpetual stewardship of wealth. - Identifying and Integrating Successor Management: Talent acquisition and integration should mimic for-profit companies. - Holding Family Summits: Adopting formal coordination of family office and family affairs is critical for long-term success. Interested in learning more about family offices? Check out The Family Office Source authored by @DavidRosen and me. You can view the full book for free here: https://lnkd.in/eZxU9DXZ

What’s the best part about our accounting services? Seeing our clients leave our offices with a smile! Book your free consultation today and see why our clientele return year after year. #thorntonspringer #businessaccounting

Ever wondered how double-entry bookkeeping revolutionized modern accounting practices? Did you know that companies using double-entry bookkeeping are 3 times less likely to experience financial errors? Ready to level up your financial expertise? Dive into the world of double-entry bookkeeping with us 💬 Your perspective is priceless. Join the conversation below and let's exchange knowledge, experiences, and challenges. Your contribution could illuminate the path for fellow learners on their financial journey. 🌱 🚀 Whether you're navigating the complexities of double-entry bookkeeping or seeking clarity on single-entry systems, you don't have to navigate it alone. Drop your questions, and our community of experts and enthusiasts will band together to provide insights and support. 💬 #bookkeeping #Thefinancialsoul The Financial Soul Aashish Singhal Diksha Singhal https://lnkd.in/gWFGVzXa

As civilizations grew, so did the complexity of accounting, leading to the development of modern bookkeeping techniques we use today. And here’s a fun fact: double-entry bookkeeping—the foundation of modern accounting—was first described by Luca Pacioli in 1494. 📚 #FinanceTrivia #AccountingHistory #BookkeepingFacts

We know how challenging it can be when your accounting staff moves on and you're left in a pinch. The good news? We're here to help! Our team of experienced professionals can step in, provide the support you need, and get your books and finances back on track. This way, you can focus on what you do best—running your business. Ready to get started? Book a meeting with us: https://lnkd.in/gmKCCcRw #FinanceManagement #BusinessGrowth #Accounting

Did you know that modern bookkeeping originated in the 15th century with Luca Pacioli, known as the 'Father of Accounting'? He introduced the double-entry system, a revolutionary concept that is still the backbone of accounting today. At Reconciled, we blend this historic wisdom with modern technology to bring you top-notch bookkeeping services. #InterestingFact #BookkeepingHistory

🔄 Double-entry versus single-entry: it's not just a choice, it's a strategic decision that can shape your business's financial health and longevity. Which path will you choose? 📚 Understanding Double-Entry Bookkeeping: A Comprehensive Guide What Is Double-Entry Bookkeeping? Unraveling the Foundation of Financial Accuracy and Insight. What Is Single-Entry Bookkeeping? Exploring the Simplified Alternative to Double-Entry Accounting. Double-Entry vs. Single-Entry Bookkeeping: A Detailed Examination of Two Distinctive Approaches to Financial Record-Keeping. Double-Entry Bookkeeping: Delving Deep Into the Core Principles and Practices of Double-Entry Accounting. Single-Entry Bookkeeping: Understanding the Basics and Limitations of Single-Entry Accounting Systems. Double Entry vs. Single Entry: Which Bookkeeping Method Reigns Supreme for Your Business? Making an Informed Decision. #Bookkeeping #Doubleentrybookkeeping #Thefinancialsoul https://lnkd.in/gU3kxymx

"Struggling with Accounting & Bookkeeping? Let us lend a hand! 💼💰 Our expert team is here to streamline your financial processes and keep your business on track. #AccountingHelp #BookkeepingPros #FinancialManagement #BusinessSupport"

🔍 Typical cases when interim solutions are the best choice 🔎 🚶♂️ What do you do when your senior accounting professional leaves in the middle of the monthly close? ⌛ Or when you start a project but don’t have a clear end date? Click on our case study about interim services to see how our clients handled similar situations.  👉 https://lnkd.in/dXBZTt3k

Team ❤️ A word that is the glue to our business. Our business would not run the way it does without the supportive & collaborative team we have. Over the next few weeks, we are going to re-introduce you to our team and tell you their Ookkee Super Power 🦸 (you should know by now we are all a bit nerdy). What better place to start than with this trio? Meet, Paul, Micheal and Wes - our founders. 🦸 Paul's Ookkee Super Power: he is the ideas man, Paul spends a lot of time learning and developing and having 💥 moments which ultimately drive the business forward... the only trouble is he has many many ideas, but luckily he has help staying on track. 🦸 Wes's Ookkee Super Power: Wes sits on the outside of the business which means he is an incredible asset to come in and see when things could be done a little better. This also allows us to move forward and overcome any obstacles we are facing. 🦸 Micheal's Ookkee Super Power: Micheal is all about the detail, he can get immersed in a client's numbers and figure out what is not working, usually very quickly so that no issues occur. He is a huge support to our accounts team, like Wes, who sits on the outside of client work, and he can quickly find a resolution to a problem. Want to join our Accounting Justice League? See our job opportunities here: https://loom.ly/n8zQJN4 Want our Accounting Justice League working in your business? Book a free discovery call here: https://loom.ly/-bp4vo0