seasonal

Budgeting for Seasonal Business

Making sure your company doesn’t run out of cash in steady, year-round businesses can be hard enough. Ensuring there is enough cash on hand in a seasonal business can feel like financial gymnastics to some entrepreneurs. Keep reading for some great tips that can help your seasonal company make it through the cycle. Season of Abundance As I write this, …

Polymath Launches Study into Booking and Reservation Applications

Polymath was just featured on Adventure Travel News! Polymath LLC, a United States based accounting firm specializing in business strategy services for adventure tour companies, has launched a comparison study on tour booking and reservation software applications. The tour industry is being disrupted by emerging technology, and there are currently over 150 booking apps for tour businesses to choose from. …

tour

Why We LOVE Tour Companies

We have had a lot of our fellow accounting professionals ask us: Why did we choose a specialty in cultural & adventure tour companies? Safari and tour entrepreneurs are intrepid, adventurous, passionate, service oriented, and caring people… and they are people who want more reliable income and success in their businesses. We want to help the wonderful people who help …

tour app study

Tour App Study – Booking & Reservation Software Compaison

Polymath is launching our Tour App Study, a comparison study on tour booking/reservation software apps. We would love to hear your experience with the app you are using, and even if you’ve decided not to use an app or to build your own custom software. The tour industry is being disrupted by emerging technology. There are currently over 150 apps …

poverty mindset

Taking a Consultative Approach to Your Customers’ Chronic Poverty Mindset

This webinar on Poverty Mindset was hosted by the Institute for Certified Bookkeepers (ICB). Ingrid Edstrom dives deep into the factors that keep our clients from achieving success, and how accounting professionals can assist them. It’s easy to overlook our accounting clientele’s human issues, yet emotions like worry and fear permeate their businesses, keeping them from focusing on the big …

networking

Networking – Secrets of Master Networkers for Bookkeeping Professionals

This webinar on Networking was hosted by the Institute for Certified Bookkeepers (ICB). Ingrid Edstrom dives deep into how small businesses can gain new clients by effectively using word of mouth marketing. The pressure to be professional, make a good impression, and produce the results we are hoping for requires us to comfortable in social environments. Believe it or not, networking …

bookkeeper

Redefining Bookkeeper for Today and Tomorrow

This webinar on Redefining Bookkeeper was hosted by the Institute for Certified Bookkeepers (ICB). Ingrid Edstrom dives deep into the bookkeeping profession has evolved, the skills and knowledge needed to be a bookkeeper in our modern world, and the importance of using the terminology that our clients are using to search for the services they need. The bookkeeping profession has …

Tour Profitability and Pricing Strategy

Profitability is essential in every business. Tour companies live and die by their gross profit margin, and often they don’t even realize it. Can you look at your company’s books and tell at a glance which of your tours are the most profitable and which are sinking your ship? If not, keep reading to find out how. Planning for Profitability …

Polymath Featured in Practice Ignition Stories

You’re probably already aware that we love Practice Ignition. We’re excited to be featured on their new page, Stories! We are now focusing on deeper relationships with fewer clients. Our value has increased in the eyes of the RIGHT clients, and they are happy to pay us to help them be more profitable. It’s a win-win! Check out Polymath’s Story …

The Best Year-End Process Ever

Article by Ingrid Edstrom published on Intuit’s FirmoftheFuture.com Bill.com tweeted: “The Best Year-End Process Ever: It truly is a thing of nerdy #bookkeeping beauty.”   Said about Ingrid Edstrom’s contributions to the Firm of the Future website about Polymath’s awesome year-end accounting processes. Take a look: https://www.firmofthefuture.com/content/the-best-year-end-process-ever/

Six Must-Have Business Strategies for Tour Companies

Tour companies and the intrepid adventurers behind them help us see the world, experience other cultures, and broaden our horizons. It is often easy to forget that the people leading us on some of the most amazing experiences of our lives are small business owners. Like all business owners, tour operators started their businesses to make a living doing what …

Have You Faced Your YEWU? – Time for Year-End Wrap-Up!

Last year, as I was heading home from the office on New Year’s Eve, a beautiful (and hilarious scene) dropped into my mind. We had been busy facilitating Year-End Wrap-Up appointments for all of our wonderful clients. At Polymath, we loving refer to this process as the YEWU (™). That fateful evening, I realized that the YEWU was also so much …

Face to Face Networking in the Digital Age (podcast)

Woodard is interviewing the Most Powerful Women in Accounting 2016, and their first episode features our own Ingrid Edstrom! Listen below, or on Woodard’s site.   Podcast description: Ingrid has received awards and recognitions including Top 40 Under 40, 2016 Most Powerful Women in Accounting, and Insightful Accountant’s 2017 Top 100 ProAdvisor, and she is passionate about building online communities. …

Ingrid breathes fire into client relationships (Podcast)

Podcast episode 54 by John Garrett Ingrid Edstrom is definitely not your stereotypical bookkeeper. She breathes fire, plays Irish music in a band and makes videos with her sidekick, Penny the Practical Professional. Her vision is to make the world a better place, built on a foundation of thriving small businesses, and she does it in the most fun and …

First Day on the Job: Employee Orientation Checklist

Article by Ingrid Edstrom published on Intuit’s FirmoftheFuture.com The first time Polymath LLC hired an employee, I had no idea what I was doing. I brought on a friend to assist during the insanity month of January, and the first task I assigned her was helping me establish our employment procedures. We have come a long way since then, and …

The Honeymoon is Over: Releasing a Client Relationship

Article by Ingrid Edstrom published on Intuit’s FirmoftheFuture.com We’ve all been there. Whether the client relationship started well or you had that niggling feeling from the start that maybe it wasn’t the best fit for your company, people grow and change. Sometimes relationships need evolve or come to an end. Learn how to make this process smooth and even enjoyable …

Packing for the Honeymoon: Discovery Phase Checklist

Article by Ingrid Edstrom published on Intuit’s FirmoftheFuture.com At Polymath LLC we are working to develop systems that are repeatable, consistent, and effective across our diverse client relationships. One of our favorites is our Discovery Phase Checklist. This procedure has helped us to streamline one of the most complicated parts of a budding client relationship, and it has saved us …

The First Date: Initial Client Consultation Agenda

Article by Ingrid Edstrom published on Intuit’s FirmoftheFuture.com When Polymath, LLC became a Certified QuickBooks ProAdvisor back in late 2008, one of the questions on the profile for the “Find A ProAdvisor” website was to check a box indicating whether or not we would offer a 1-hour Free Initial Consultation. Ever since checking that box, the initial consultation has been …

Matches Made in Heaven: 4 Reasons to Have a New Client Checklist

Article by Ingrid Edstrom published on Intuit’s FirmoftheFuture.com In July 2015, our team at Polymath, LLC realized we needed a better way to triage the onslaught of new client inquiries we were receiving. There were more calls coming in than our small bookkeeping firm could service, and many of the inquiries were not a good fit for us. Thus we created our …

Ingrid wins spot in 2016 Most Powerful Women in the Accounting Profession

We’re excited to announce yet another award Polymath has won! This time our CEO Ingrid Edstrom was selected as one of the 2016 Most Powerful Women in the Accounting Profession by CPA Practice Advisor magazine. (Never mind that Ingrid isn’t a CPA!) According to CPA Practice Advisor, this award “celebrates the increasing presence of women at the highest positions in …