Budgeting the Right Way: Build Your Budget from the Bottom Up

In this episode of Financially Fit Business, I cover part six of the seven steps to financial fitness: budgeting. I explain why traditional top-down budgeting often leads to disappointment and how building your budget from the bottom up, starting with your unit of revenue, creates a clearer and more realistic financial plan. I also share how I use budget-versus-actual tracking to guide decisions throughout the year, not just review numbers after the fact.

Listen To My Other Podcast Episodes

Is AI Changing How Accounting Firms Should Price Their Work?

As AI makes accounting work faster, does hourly billing still make sense? Les Bryson explains the case for fixed fees and predictable pricing.

IRS AI Guidance: What Tax Professionals Need to Know

Using AI in tax work brings new responsibilities. Les Bryson explains what tax professionals should know about verification, workflows and protecting client data.

Best Apps for CPAs and Bookkeepers

Which accounting apps are firms actually using and recommending? Gary DeHart shares survey results revealing the tools getting the most traction.

How AI Is Changing Billable Hours for Accounting Firms

AI can turn 40 hours of routine accounting work into minutes. I look at what that means for pricing, profitability, clients, and your team.

CPA Billable Hours and Productivity Ratio Explained

More billable hours don’t always mean a healthier CPA firm. I look at the numbers that show whether your team’s time is really supporting profitability.