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How to get your start-up practice off the ground

24th Mar 2023
Brought to you by
BrightManager logo

Award winning CRM & practice management software

Save content
Have you found this content useful? Use the button above to save it to your profile.

You’ve taken the big step and have decided to start your very own accountancy practice – Congratulations! It’s an exciting and challenging time for you and I’m sure you already have plenty of tasks to complete and loads of priorities.

With so many ideas and considerations racing through your mind, it’s completely normal to have limited resources available to hit the ground running. On top of that, you most likely haven’t generated enough revenue just yet to hire extra staff. These are the challenges that almost every start-up will face. You’ll probably find yourself doing a lot of tedious admin work throughout this period too. Nobody wants to spend their evenings snoring at their desk with a mountain of paperwork. Luckily, here at Bright, we’ve got a solution up our sleeve that will do just the trick – practice management software

How to get your start up practice off the ground
Bright
What is practice management software?

Practice management software acts as an extra member of staff by automating admin and helping you onboard new clients with ease. It helps you establish a more organised practice from the get-go and manage your day-to-day tasks more efficiently, so even the smallest of tasks don’t get left behind.

If you like the idea of having the extra pair of (non-human) hands around the office, that’s cheap as chips compared to adding a new hire to the payroll, then here are three key ways that our practice management solution, AccountancyManager, can help kickstart practice.  

1. Boosts onboarding speed  

AccountancyManager can automatically pull in details and deadlines from Companies House, generate your proposal letters (which they can sign in seconds through the system – no need for printers or pens), send 64-8 authorisations to HMRC and professional clearance letters. Our e-singing tool also helps speed up your onboarding, with letters of engagement signed in minutes.

2. Email templates, ready to go  

As you're aware, accountants have to send an enormous amount of emails throughout the week – with a lot of variables unique to each client and service. To help you, we’ve gone ahead and created over 40 email templates, covering almost every type of email you need to send to your clients. The best part? They're pre-written by qualified accountant. When sending your email simply choose your template, have a quick read through to ensure your happy and make edits where you see fit, and send.  

3. Streamlined task management 

Managing employee tasks can be tricky, but not with AccountancyManager. Our task list can keep your whole team organised. Each task shows the client it relates to, who’s responsible and the deadline. Tasks are also colour coded depending how far away you are from the deadline. You can easily track the progress of each task, set internal target dates, and automate your task prioritisation. You can also assign and create tasks for your team straight away from emails on the client timeline. 

If you think AccountancyManager sounds like the perfect colleague to work alongside you as you start up your practice – take a more in-depth look by reading our guide or booking a demo.