Financially Fit Business

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Financially Fit Business Helping business owners understand profitability, cash flow, and financial trends so they can make better decisions and build stronger businesses.

How to Really Account for Rising Costs in Pricing https://conta.cc/3W1Gjxr
10/12/2026

How to Really Account for Rising Costs in Pricing https://conta.cc/3W1Gjxr

Email from Business Ventures Corporation October 12, 2026 How to Really Account for Rising Costs in Pricing The Bureau of Labor Statistics shows dramatic price increases from a year ago. Gasoline is u

Financial statements become much more useful when you stop treating them like something to review only at tax time.A few...
10/08/2026

Financial statements become much more useful when you stop treating them like something to review only at tax time.

A few simple habits can help you understand your numbers, recognize trends earlier, and make better business decisions.

In this new article, I also share how that thinking led to Hoot & Profit and why consistency matters more than trying to learn everything at once.

Read more on our website:

Build stronger financial habits, understand your numbers, and make better business decisions with a few consistent steps.

If you're using AI in your tax or accounting practice, how should you talk to clients about it?That's the focus of this ...
10/05/2026

If you're using AI in your tax or accounting practice, how should you talk to clients about it?

That's the focus of this week's Financially Fit Business podcast with Les Brown.

We discuss why AI use should be communicated before the work begins, why client acknowledgment can help create a clear process, and why AI-generated work still needs professional review.

We also tie together the three-part series around responsible AI use, client data protection, value pricing, and the role of professional judgment.

AI may change how quickly the work gets done, but it doesn't replace the expertise your clients are paying for.

Read and listen:

What IRS AI guidance means for client disclosure, human review, data security and value pricing in tax practice.

Don't put your financials into ChatGPT - Here's Why https://conta.cc/3Vk53kl
10/05/2026

Don't put your financials into ChatGPT - Here's Why https://conta.cc/3Vk53kl

Email from Business Ventures Corporation Here's Why October 5, 2026 Don't Put Your Financial Statements into ChatGPT - Here's Why ChatGPT, Gemini, Microsoft Co-Pilot, etc. use data to “learn”...includ

What happens to hourly billing when AI lets you complete work in a fraction of the time?The work may take less time, but...
09/28/2026

What happens to hourly billing when AI lets you complete work in a fraction of the time?

The work may take less time, but that doesn’t mean it provides less value.

In Part 2 of my conversation with Les Bryson, we look at how AI and automation are changing the economics of accounting work and why this may be the right time for firms to reconsider traditional hourly billing.

We also talk about something clients really appreciate: knowing what they’re going to pay before the bill arrives.

Predictable pricing can make budgeting easier and may even make clients more comfortable calling you when they need advice.
https://financiallyfit.business/fixed-fee-pricing-accounting-firms-ai/

Part 3 is coming next week as we continue looking at what the IRS guidance means for tax and accounting professionals using AI.

AI is reducing the time accounting work takes. Les Bryson explains why fixed fee pricing may offer firms and clients a better model.

What a Financially Fit Business Looks Like - Summary https://conta.cc/4ynGv8C
09/28/2026

What a Financially Fit Business Looks Like - Summary https://conta.cc/4ynGv8C

Email from Business Ventures Corporation Part 7 - Conclusions September 28, 2026 Financially Fit Business Conclusions First, we’ve done the impossible – made financials fun. The Hoot & Profit app is l

Are you using AI in your tax or accounting work?Then there’s another question worth asking: What process do you have for...
09/27/2026

Are you using AI in your tax or accounting work?

Then there’s another question worth asking: What process do you have for checking its work?

I talked with tax consulting veteran Les Bryson about IRS guidance addressing AI use in federal tax practice.

We discuss verification, written review processes, protecting client data, and why AI should support your expertise rather than replace it.

This is Part 1 of our three-part conversation.

Listen here:
https://financiallyfit.business/irs-ai-guidance-tax-professionals/

Part 2 is coming tomorrow, when Les and I tackle what AI could mean for the traditional billable-hour model.

What does IRS AI guidance mean for tax professionals? Les Bryson explains verification, competence, workflows and client data.

Cash Preservation in a Financially Fit Business https://conta.cc/3Tbp0co
09/21/2026

Cash Preservation in a Financially Fit Business https://conta.cc/3Tbp0co

Email from Business Ventures Corporation Part 6 - Cash Preservation September 21, 2026 Cash Preservation in a Financially Fit Business Two announcements: First, we’ve done the impossible – made financ

Financial Analysis in Your Financially Fit Business https://conta.cc/4xpNU6b
09/14/2026

Financial Analysis in Your Financially Fit Business https://conta.cc/4xpNU6b

Email from Business Ventures Corporation Part 5 - Financial Analysis September 14, 2026 Financial Analysis in a Financially Fit Business A financially fit business receives timely, accurate financial

What happens when AI completes in 30 minutes what once took your accounting team 40 hours?Do you bill the client for 40 ...
09/10/2026

What happens when AI completes in 30 minutes what once took your accounting team 40 hours?

Do you bill the client for 40 hours? Thirty minutes? Or is it time to stop pricing the work primarily by the hour?

That's what I'm talking about in this week's Financially Fit Business podcast.

I share why I think value pricing deserves a serious look, how predictable pricing can improve the client relationship, and why your firm's profitability still has to come first.

I also get into another interesting question: if we're changing how clients pay for the work, should we eventually rethink how we measure team productivity too?

It's a different way of looking at an industry that's changing very quickly.

Read and listen here:

AI is changing how accounting work gets done. See how value pricing can improve client costs, firm profit, and team productivity.

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