A paid consultation is an exchange of value. This week, everyone’s favorite podcast host (our own Jamie O’Kane, CPA) talks about paid consultations. This is something that can be a hotly debated issue in some circles, but it needs to be taken into consideration for your business. Today we’re talking about why we do paid consultations, why it is important for Jamie’s business model, and why it could be important for your business model as well. Let’s get into it! Thank you for listening! Please l...
Dec 13, 2022•21 min•Season 1Ep. 178
Part 2! What tax deductions should you make sure to take on your 2022 tax return? Today we are looking at 5 popular tax deductions and giving a bit more context into how they work. As always, contact your Tax Professional, or visit our website https://www.abundantbeans.com for more information. What tax deductions you ask? 1. Cell phone. Can you just straight deduct this? 2. Meals - some say these are 100% deductible. 3. Vehicles. Don't get me started... 4. Children! 5. Your EQUIPMENT! This is e...
Nov 29, 2022•6 min•Season 1Ep. 177
Let's ask our favorite CPA! For our newest series, Jamie is going to review some advice on TaxTok (a.k.a. the corners of TikTok where taxes are discussed). Can you/should you take tax advice from strangers on the internet? How much knowledge can people fit into a 60 second video? More importantly, how accurate is the advice that they're giving? Luckily, our favorite CPA is here to clarify and give us some insight. Remember, y'all: you should always consult with a trusted tax professional before ...
Nov 15, 2022•6 min•Season 1Ep. 176
Stop wasting your time and your money. It happens to all of us from time to time. We get stuck in a rut, running through our processes the same way we’ve always done them. It works, but does it work well? This is why we’ve got to stop and ask ourselves: is this the highest and best use of our time and resources? Today’s guest, Rachel Lemcke, is here to talk about improving the efficiency of veterinary practices, starting with the laboratory. Rachel is the owner of Amwell Data Services, a full se...
Nov 01, 2022•38 min•Season 1Ep. 175
The first step is to decide to do something. Veronica Sagastume is a business strategist, CFO consultant, and the owner of BizFit Coaching, Inc. Veronica is an all-around powerhouse with a passion for helping Corporate Accounting Professionals start, run, and grow their own profitable consulting businesses. She encourages people to take inventory of their skills, experience, knowledge, and passions to decide what kind of consultant they could be. She truly loves coaching people through the whole...
Oct 18, 2022•1 hr 4 min•Season 1Ep. 174
Let’s get you to where you want to be! As we start wrapping up 2022, we begin focusing more on 2023. Have you started setting goals for the next year? If you have or haven’t, here is a short list some of our favorite clips of things to inspire you to think a little bit deeper and set bigger goals. 1: Think about increasing your prices. Do your research! Ask your team of experts what is possible for you! 2: Be honest about who you are, what you can do, and what you aspire to be. 3. Treat your peo...
Oct 04, 2022•10 min•Season 1Ep. 173
And that number keeps going up! You read that correctly. We’re still working with clients to help them claim the Employee Retention Tax Credit! Is it hard? Meh, not really. It is worth it? That’s a resounding YES! Today’s episode is the final installment of our ERC success story miniseries. For one final time, we’re taking a look at another business that we’ve helped qualify and apply for the ERC. We’ll start by covering some basics about this client's businesses, how we qualified them, and how ...
Sep 20, 2022•4 min•Season 1Ep. 172
Could YOU use $275,000 in Tax Credits? I mean... it wouldn't hurt, right?? Imagine what you could do with several thousand to several HUNDRED thousand dollars to invest back into your business, your people, and yourself. The pandemic knocked the wind out of all of our collective sails and now's the time to start building back up. Let's go! Today is our third installment of our ERC Success Story series. We're looking at another business that we've helped qualify and apply for the ERC. Let's go ov...
Sep 06, 2022•5 min•Season 1Ep. 171
"Ehhh, all that ERC filing hassle won't be worth it for my small business!" Boy howdy, you could not be more wrong! I don't know your threshold for measuring "worth it" but I would wager that several thousand dollars or several HUNDRED thousand dollars would absolutely be worth the hassle. In our second episode in our ERC miniseries, we're going to be taking a closer look at a couple small businesses that we have helped claim the Employee Retention Tax Credit. We also cover what it takes to qual...
Aug 23, 2022•4 min•Season 1Ep. 170
Not convinced that it's worth it? Let's take a look! You might be thinking, "What?! Another ERC episode? Are you serious, Jamie??" YES! I am so serious. In fact, today's episode is the first of a short series that will highlight some of our clients' success stories with the Employee Retention Tax Credit. We've been talking about this quite a bit lately, but for good reason! Several thousand to several HUNDRED thousand dollars could be waiting for you to claim. Imagine what a difference that much...
Aug 09, 2022•5 min•Season 1Ep. 169
Let's talk about the Employee Retention Tax Credit! Our completely informal polling of tax professionals indicates that small businesses are overlooking this pandemic payroll tax credit that could give them on average $50,000-$75,000 in cash to move towards their goals. I know it sounds like a gimmick, but y'all know we don't roll like that. One of Jamie's very favorite things is helping business owners grow and thrive. Thank you for listening! Please like and subscribe here and on your podcast ...
Jul 26, 2022•7 min•Season 1Ep. 168
Don't overlook the importance of IT! Did you know that cyber-attacks on VetMed practices are among the fastest-growing cyber crimes? Don't be the unprepared practice owner that has their business held hostage from them. From virtual check-ups to data protection to just outright protecting your business and livelihood, IT matters now more than ever, and it isn't going away. C.J. Latham is an expert at setting VetMed practices up for success in the realm of proper IT setup. Think of it as a framew...
Jul 12, 2022•31 min•Season 1Ep. 167
Constantly adapting can be tiring! Here is how to do it! Times are changing, industries are changing, and the way we work is changing. Are you putting in the time needed to make sure your VetMed practice is moving in the right direction? Jamie explores how to say "yes" to opportunities, and what opportunities currently exist for a practice owner in the VetMed space. To learn more and to access our ERC Eligibility Estimator, please visit: Employee Tax Credit Are you interested in claiming the ERC...
Jun 14, 2022•8 min•Season 1Ep. 165
Stoke that fire! The veterinary industry is anticipated to grow rapidly in the next ten years. As many young DVMs enter into their careers, it’s good for them to weigh their options. Do they have the entrepreneurial spirit it takes to run their own practice? Have they done the work to figure out their mission and their values? Do they know how to align all of that with their practice? Today, we have some “food for thought” clips that we think will help young vets explore these questions. To lear...
May 31, 2022•7 min•Season 1Ep. 164
Profits and prosperity When was the last time you did a deep dive into what makes your work profitable? Are you looking at profitability through a pre-pandemic lens? Hey, have you evaluated your prices lately? What about your budget? This week, we’re highlighting some clips that we think will encourage and inspire you to check in on your profitability. Now’s a great time to do it! To learn more and to access our ERC Eligibility Estimator, please visit: Employee Tax Credit Are you interested in c...
May 17, 2022•8 min•Season 1Ep. 163
And how can you keep things going smoothly? Today’s episode is all about the health and wellbeing of your work and your business! Organizational culture was a hot topic at the start of the pandemic, but the conversation has died down as we began to slowly emerge from the pandemic. That means that now is the perfect time to do a quick check-up on the organizational culture that you worked so hard to create — not as many people are putting in that work right now and that gives you the advantage. W...
May 03, 2022•9 min•Season 1Ep. 161
Are you speaking to the reality that your employees live in? Inflation is skyrocketing, student loans are a drag, and people are jumping ship to find MASSIVE raises and a more convenient way of working. It's a mess! What can you do to make life easier for the people you employ and ensure that your business survives this rough patch? Many of our guests have had incredibly insightful thoughts on this topic, and today, we'd like to present you with a few of them, as well as a nice blooper at the en...
Apr 19, 2022•7 min•Season 1Ep. 159
Growing your brand and supporting Ukrainians Today's episode is a bit of a throwback! Rytis Lauris was our guest in 2020. Rytis is the CEO and co-founder of Omnisend, a powerful marketing automation platform that is focused on moving eCommerce marketers beyond the generic email marketing tools. Omnisend is designed for small to mid-size eCommerce businesses to communicate with their customers through their most preferred channels. It enables businesses to run successful, profitable marketing whi...
Apr 05, 2022•32 min•Season 1Ep. 160
Some reminders! How do you set prices? How do you spend most of your time every day, and does it add value to your overall work? Are you spending time building connections with your clients? Where do YOU place the quality and value in your work? We don’t have to tell you how much goes into business ownership! There are so many questions you have to ask yourself. The problem is these are not one-and-done questions! You’ve got to keep checking back in and answering them. Add those questions to you...
Mar 22, 2022•13 min•Season 1Ep. 159
What sets you apart? To a layperson, marketing seems to be akin to fishing with a cast net: chuck the net out and see what gets pulled back. That kind of thinking is an oversimplification of both. Just as cast net fishing requires smooth motions and a targeted area to aim for, so too does marketing. You might be asking, “What’s all this about fishing? And how do I know where to aim my marketing??” First, it’s a fun analogy and we’re all about having fun around here. To answer your second questio...
Mar 08, 2022•11 min•Season 1Ep. 158
Veterinarians should be PROUD of their roles in their communities! Our guest today is Dr. Brian Crauer, an Associate Clinical Professor of Shelter Medicine and the director of the Shelter Medicine Program at Kansas State University. Dr. Crauer joined the faculty at K-State in 2015 to develop their Shelter Medicine Program. Dr. Crauer has over 20 years’ experience in veterinary medicine education, private practice, emergency, and shelter facilities. We cover a lot of ground today — from Dr. Craue...
Feb 22, 2022•1 hr 1 min•Season 1Ep. 157
Invest in your people! Whether you’re working with clients, employees, or simply having a quick mental chat with yourself, you’ve got to treat people well. What does that look like, though? How does treating people well affect you and your business? Today we’re going over some of our favorite clips about interacting with others: the importance of clear and open communication, the value of truly connecting with people, how to show appreciation, and how to be compassionate to those around you. Tha...
Feb 08, 2022•12 min•Season 1Ep. 156
Your message matters. Today, we're revisiting one of our favorite episodes with Anthony Hayes. Anthony is the founder of The Hayes Initiative, a boutique, certified LGBTQ-owned and operated public affairs and strategic communications firm in New York City. He has spent more than 18 years in communications, crisis and issue management and political and legislative campaigns. In this episode, we cover leadership, communication in a crisis, the pandemic, and how our encouraging friends helped guide...
Jan 25, 2022•15 min•Season 1Ep. 155
What’s holding you back from achieving bigger and better goals? Today, we’re revisiting one of our favorite episodes with Robert Clinkenbeard. We discussed setting proper goals, writing down those goals, Robert’s Ironman Mindset for Entrepreneurs, and surrounding yourself with the right people: those who want to work towards their own goals and yours as well. Let’s get into it! Thank you for listening! Please like and subscribe here and on your podcast app of choice. Also, share freely!...
Jan 11, 2022•10 min•Season 1Ep. 154
A little bit of something for everything! Today we’re taking a look back on some of our favorite snippets from past episodes. We’re covering a lot of ground here, from small stuff like pet peeves to the big stuff like overcoming obstacles. The Abundant Beans team would like to thank all of our phenomenal listeners and our stellar guests. From all of us to all of you: have a happy holiday season and joyful abundance in the new year! Thank you for listening! Please like and subscribe here and on y...
Dec 28, 2021•18 min•Season 1Ep. 153
Part Two: How to Find an Accountant Tax legislation has gotten really wild over the last year and a half, and many people are shopping for new accountants. In the first episode of this series, Jamie discussed how to be a good client. Today, she’s back to talk about how to find an accountant. Accountants are not “one size fits all,” so you’ve got to know what you’re looking for in order to find the very best fit for yourself and your goals. As Jamie says, “Working with an accountant that is a rea...
Dec 14, 2021•16 min•Season 1Ep. 152
It doesn’t have to be chaos & it doesn’t need to be overwhelming! Our guest today is the wonderful Nicole Clausen. Nicole has over 14 years of experience in the veterinary industry, working in many positions from receptionist all the way up to operations manager. Now she is the founder and consultant at Veterinary Care Logistics. Veterinary Care Logistics is an inventory management consulting group, serving veterinary professionals who want to reduce inventory costs, streamline processes, an...
Nov 30, 2021•38 min•Season 1Ep. 151
Part One: How to Be a Client Everyone's favorite CPA/podcast host, our very own Jamie O'Kane, is here to talk about an issue that is coming down the pipeline for many accountants. With all the changes in tax legislation over the last year and a half, many accountants are tired and looking to switch things up. In the process, they're offloading clients. So what happens if you're one of the clients that your accountant drops? Jamie is here to give you some tips! Thank you for listening! Please lik...
Nov 16, 2021•10 min•Season 1Ep. 150
Massive action gets massive results. Alyssa Dillon is an online business coach and profits strategist for online entrepreneurs. Early on in her career, Alyssa became the CFO of a non-profit. She found that she wasn’t feeling fulfilled in that role and needed a better work-life balance. To achieve this, she started a bookkeeping business. After a few months, she realized that she could help more people and make a lot more money if she focused on scaling her business. Now Alyssa helps coach other ...
Nov 02, 2021•45 min•Season 1Ep. 149
Your people are an invaluable resource. Brad Patton is founder and CEO of Veterinary System Services, a company dedicated to helping veterinary medicine rise to the next level. VSS provides services such as staffing, consulting for inventory and human resources, career coaching, and bookkeeping. Brad sees people as a resource instead of a commodity, and has structured VSS to reflect that value. He recognizes that compassion fatigue, burnout, high turnover, and non-sustainable work schedules are ...
Oct 19, 2021•31 min•Season 1Ep. 148
