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In episode 595 of the Lawyerist Podcast, we're revisiting Stephanie's conversation with Lawyerist financial coach Bernadette L. Harris about the financial KPIs every law firm owner should understand as a new year begins. We're bringing this episode back because it's especially timely for firms setting their strategy, goals, and financial benchmarks for the year ahead. It's important to continue finding a clear, practical approach to understanding the numbers that drive a healthy firm. Unlock a clearer view of your law firm's financial health in the latest Lawyerist Podcast. Join host Stephanie Everett as she dives into the essential key performance indicators (KPIs) that can transform how you understand your practice, guided by the expert insights of Bernadette Harris, Lawyerist Lab's finance coach. You'll gain practical knowledge about five crucial areas that directly impact your firm's success. Understand your net profit margin like never before – not just the surface numbers, but the true profitability that informs your strategic decisions. Explore utilization rate and discover how to optimize your team's time for maximum productivity. Learn the critical importance of your realization rate and practical steps to ensure you're capturing the revenue you've earned. See how mastering AR aging can directly impact your cash flow and create financial stability. Plus, uncover the strategic advantage of understanding your revenue by practice area, empowering you to make smarter choices about your firm's financial future. For straightforward, actionable insights into these vital financial indicators – the kind that can immediately help you manage your law firm more effectively – tune in to hear Bernadette Harris share her expertise. Listen to our other episode with Bernadette Harris: #457: Healthy Profits: Understanding the Story Your Numbers Tell, with Bernadette Harris Apple Podcast | Spotify | Lawyerist #523: Financial Red Flags: Are You Hiring Too Soon?, with Bernadette Harris Apple Podcast | Spotify | Lawyerist #418: More Income, Fewer Taxes, with Bernadette Harris Apple Podcast | Spotify | Lawyerist Have thoughts about today's episode? Join the conversation on LinkedIn, Facebook, Instagram, and X! If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free! Looking for help beyond the book? See if our coaching community is right for you. Access more resources from Lawyerist at lawyerist.com. Chapters: 00:00 Why We're Remastering This Episode for the New Year02:55 Law Firm KPIs and Financial Health05:21 Net Profit Margin for Law Firms09:38 Utilization Rate and Team Capacity14:35 Realization Rate and Getting Paid20:05 Accounts Receivable and Cash Flow24:19 Revenue by Practice Area27:16 Using Financial Metrics to Set Strategy
In episode 595 of the Lawyerist Podcast, we're revisiting Stephanie's conversation with Lawyerist financial coach Bernadette L. Harris about the financial KPIs every law firm owner should understand as a new year begins. We're bringing this episode back because it's especially timely for firms setting their strategy, goals, and financial benchmarks for the year ahead. It's important to continue finding a clear, practical approach to understanding the numbers that drive a healthy firm. Unlock a clearer view of your law firm's financial health in the latest Lawyerist Podcast. Join host Stephanie Everett as she dives into the essential key performance indicators (KPIs) that can transform how you understand your practice, guided by the expert insights of Bernadette Harris, Lawyerist Lab's finance coach. You'll gain practical knowledge about five crucial areas that directly impact your firm's success. Understand your net profit margin like never before – not just the surface numbers, but the true profitability that informs your strategic decisions. Explore utilization rate and discover how to optimize your team's time for maximum productivity. Learn the critical importance of your realization rate and practical steps to ensure you're capturing the revenue you've earned. See how mastering AR aging can directly impact your cash flow and create financial stability. Plus, uncover the strategic advantage of understanding your revenue by practice area, empowering you to make smarter choices about your firm's financial future. For straightforward, actionable insights into these vital financial indicators – the kind that can immediately help you manage your law firm more effectively – tune in to hear Bernadette Harris share her expertise. Listen to our other episode with Bernadette Harris: #457: Healthy Profits: Understanding the Story Your Numbers Tell, with Bernadette Harris Apple Podcast | Spotify | Lawyerist #523: Financial Red Flags: Are You Hiring Too Soon?, with Bernadette Harris Apple Podcast | Spotify | Lawyerist #418: More Income, Fewer Taxes, with Bernadette Harris Apple Podcast | Spotify | Lawyerist Have thoughts about today's episode? Join the conversation on LinkedIn, Facebook, Instagram, and X! If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free! Looking for help beyond the book? See if our coaching community is right for you. Access more resources from Lawyerist at lawyerist.com. Chapters: 00:00 Why We're Remastering This Episode for the New Year02:55 Law Firm KPIs and Financial Health05:21 Net Profit Margin for Law Firms09:38 Utilization Rate and Team Capacity14:35 Realization Rate and Getting Paid20:05 Accounts Receivable and Cash Flow24:19 Revenue by Practice Area27:16 Using Financial Metrics to Set Strategy Learn more about your ad choices. Visit megaphone.fm/adchoices
Introducing the "Life's A Vacay" Podcast: Join Bernadette L. Harris, a seasoned entrepreneur with over two decades of expertise, on her transformative journey from the hustle and bustle of business to the tranquil streets of Merida, Mexico. With health challenges and a quest for a higher quality of life, Bernadette boldly decided to relocate, seeking solace and rejuvenation in a new environment. Bernadette's captivating narrative shares the strategic considerations and personal reflections that guided her expat relocation. She underscores the importance of discretion, advising listeners on the delicate balance of confidentiality in sharing such life-altering plans. Drawing from her own experiences, she highlights the value of selective relationships, navigating language barriers, and embracing cultural differences with grace and resilience. With an entrepreneurial spirit as her compass, Bernadette showcases the power of adaptability and resourcefulness in transitioning to a new lifestyle. Through candid discussions and insightful anecdotes, she illuminates the pathway to successful integration within expat and local communities, offering practical tips and heartfelt encouragement to adventurers seeking fulfillment abroad. Tune in to the "Life's A Vacay" Podcast as Cha Jones invites you to embark on a journey of discovery, empowerment, and transformation, where every challenge becomes an opportunity, and every day feels like a vacation. Time Stamp: (00:03:38) Merida: A Healthier Expat Life Journey (00:14:01) Embracing Challenges in a Foreign Land (00:18:25) Selective Disclosure in Expatriate Transitions (00:20:21) Mobile Entrepreneurship in Digital Accounting Operations (00:25:19) Cross-Border Tax Obligations in Business Operations (00:28:40) Cultivating Ease and Empowerment in Mexico Socials: - Instagram: www.instagram.com/lifes_a_vacay - Facebook: www.facebook.com/lifesavacay - YouTube: https://www.youtube.com/channel/UCg2anOTqO9j_KxLgGfPgcwA - Website: www.lifesavacay.com #lifesavacay #internationalliving #softlife #expatlife #blackexit #internationalwomen #women #womeninpower #womenmakingmoves #podcast #solotravel #womenonthemove #womenexpats #businessabraod --- Send in a voice message: https://podcasters.spotify.com/pod/show/lifesavacay/message
The Small Firm Roadmap Revisited doubled-down on our Healthy Firm model. But what, exactly, is it? Join us for another stop on our podcast book tour. This week we're diving into achieving and maintaining Healthy Profits. In this episode, Sara talks with Lawyerist Lab finance coach, accountant, and small business owner Bernadette L. Harris about making finances less scary, understanding healthy profits, and why owners need to prioritize paying themselves. She advises listeners on how to determine a business's desired income, how to be intentional with financial data to understand the story that numbers can tell, and more. Links from the episode: If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free! Thanks to Posh Virtual Receptionists, Postali & LawPay for sponsoring this episode.
The Small Firm Roadmap Revisited doubled-down on our Healthy Firm model. But what, exactly, is it? Join us for another stop on our podcast book tour. This week we're diving into achieving and maintaining Healthy Profits. In this episode, Sara talks with Lawyerist Lab finance coach, accountant, and small business owner Bernadette L. Harris about making finances less scary, understanding healthy profits, and why owners need to prioritize paying themselves. She advises listeners on how to determine a business's desired income, how to be intentional with financial data to understand the story that numbers can tell, and more. Links from the episode: If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free! Thanks to Posh Virtual Receptionists, Postali & LawPay for sponsoring this episode.
Many of us are in need of a serious lifestyle change. In this episode, Bernadette shares what happened in her life which resulted in a seismic shift that ultimately led her to Mérida, Mexico.Bernadette L. Harris, MS, MBA, CFE., is an award-winning accountant and CEO of the BTB Advisory Firm. BTB provides bookkeeping, controller, CFO, and forensic accounting services. She recently left the United States to fulfill her expat dreams. Bernadette is living her best life in Mérida, Mexico AND running her accounting firm abroad. Follow Bernadette: YouTube: https://bit.ly/MyExpatLife FB&IG: @TrustBernadetteBTB Advisory Firm: https://thebtbadvisoryfirm.comMake People Better PodcastScience fiction is becoming science fact. In 2018, the team behind this podcast...Listen on: Apple Podcasts SpotifyEnroll in the Blaxit Global Move Abroad CourseBe ready...so you don't have to get ready! Move to Portugal w/ Portugal the Place From D7 rentals to real estate purchases, Portugal the Place will guide you through the process. Start Abroad: Relocation Experts Personalized Relocation Services to Make Your International Move Smooth and Easy. Blaxit Global listeners receive 10% off Start Abroad services! Join aspiring Black expats, expats, and re-pats where you can build community, get resources and gain support along your journey abroad….You're invited to join Blaxit Global Passport. Join Blaxit Global Passport - https://blaxit-global-passport.mn.co/Support the showJoin Blaxit Global PassportSubscribe to Blaxit Global on YouTubeBlaxit Global Website: www.blaxitglobal.comSupport the show - www.ko-fi.com/blaxitglobal
Marc Adams, Profitability & Growth Business Advisor and owner of Next Level Business Advisors is joined by Bernadette Harris, owner of By the Book Accounting. Bernadette has been in business for about 20 years! She is an experienced and nuanced business owner. She let's us know that "Success is granted to the disciplined!"We delve into how she defines success... here's a hint... it's being able to say "no."We discuss the trap of DIY overload, and she's learned that 'she doesn't do anything that she doesn't do well when it comes to avoiding this trap.Do external forces affect your actions? We discuss the importance of not letting external forces negatively impact how we move forward.Bernadette's confidence is infectious! Listen to this outstanding interview to hear her story of success.The video link can be found at:
Bernadette L. Harris is an award-winning Tax and Forensic Accountant, TEDx Speaker, bestselling author and podcast host committed to "Keeping Small Business in Business." As President of By The Book Accounting, she has helped thousands of entrepreneurs across the country start, operate, and grow thriving ventures. Bernadette, a Certified Fraud Examiner (CFE), earned a B.S. […] The post GWBC Radio: Bernadette L. Harris with By the Book Accounting appeared first on Business RadioX ®.
CEO and founder of 6 Degrees HR Consulting, Selina Thomas PHR, joins us to discuss why Human Resources is an overlooked tool, and how it can truly impact small businesses.6 Degrees HR Consulting has been experiencing rapid growth since its' inception in 2014, and their clients praise and social proof is phenomenal.You've seen this bestselling author on ABC, CBS, NBC and BOSS Talk Radio, but you haven't seen her until you see her with her daughter. Our special guest and new hosts of "THE CEO LAUNCH", Bernadette L. Harris MBA., CFE. and Kenya Johnson joins us to discuss the new venture.
I thought my LinkedIn profile was "the bomb diggity," but it wasn't, as I learned from the LinkedIn Professor, Tajuana Ross. I learned of her from another colleague and guest of the show Bernadette L. Harris, and boy was she on point. After scheduling my session with the LinkedIn Professor, I knew I had to make some changes and I did. Afterward, I invited Tajuana to come on the podcast and share with you what we talked about in our session so you can benefit as well. If you think your LinkedIn profile is Da Bomb, you don't need to listen in. However, if you need some assistance that will BLOW your mind AND get you clients, tune in! Learn more about the LinkedIn Professor here. --- Support this podcast: https://anchor.fm/unmarketyourbusiness/support
Bernadette is located in Atlanta, Georgia, is a keynote speaker, Tax and Forensic Accountant with By The Book Accounting, and is a #1 Bestselling Author with her latest book Did You Hire a Fraud? Solid Safeguards to Prevent Insider Theft, who teaches her clients how to start and stay in business. Since 2001, 90% of Bernadette's new clients come as referrals, which says she's doing something right! --- Support this podcast: https://anchor.fm/the4pos/support
Bernadette L. Harris is a tax and forensic accountant, #1 best-selling author, business strategist, keynote speaker, and trainer committed to “Keeping Small Business In Business”. In addition to her coaching and speaking practice, Bernadette runs a tax and forensic accounting firm, By The Book Accounting. That business has allowed her to help thousands of entrepreneurs across the country start, run, and grow thriving ventures. In this episode, we will be discussing: The emotional pieces that built Bernadette’s career How insider theft hurts people and businesses Why business owners often deny that theft is happening to them How Bernadette scaled her business Examples of different types of fraud Signs that someone could be committing fraud in your business How to assess if someone in your business is committing theft The steps to take after you discover fraud in your business The actions that are taken against people who commit theft in the workplace Why Bernadette wants to see fewer businesses fail Resources Mentioned in This Episode: Business Blueprint 2.0: A Guide To Starting & Running Your Business THE RIGHT WAY! by Bernadette Harris Did You Hire a Fraud?: Solid Safeguards to Prevent Insider Theft by Bernadette Harris By the Book Accounting Love the show? Subscribe, rate, review, and share! Here’s How » Join the Your First Thousand Clients Community today: mitchrusso.com Mitch Russo LinkedIn Learn more about your ad choices. Visit megaphone.fm/adchoices
Bernadette L. Harris is a tax and forensic accountant, #1 best-selling author, business strategist, keynote speaker, and trainer committed to “Keeping Small Business In Business”. In addition to her coaching and speaking practice, Bernadette runs a tax and forensic accounting firm, By The Book Accounting. That business has allowed her to help thousands of entrepreneurs across the country start, run, and grow thriving ventures.In this episode, we will be discussing:The emotional pieces that built Bernadette’s careerHow insider theft hurts people and businessesWhy business owners often deny that theft is happening to themHow Bernadette scaled her businessExamples of different types of fraudSigns that someone could be committing fraud in your businessHow to assess if someone in your business is committing theftThe steps to take after you discover fraud in your businessThe actions that are taken against people who commit theft in the workplaceWhy Bernadette wants to see fewer businesses fail Resources Mentioned in This Episode: Business Blueprint 2.0: A Guide To Starting & Running Your Business THE RIGHT WAY! by Bernadette Harris Did You Hire a Fraud?: Solid Safeguards to Prevent Insider Theft by Bernadette HarrisBy the Book AccountingLove the show? Subscribe, rate, review, and share!Here’s How »Join Your First Thousand Clients Community today:mitchrusso.comMitch Russo LinkedIn