One Step Better Podcast

In this episode of the One Step Better podcast, Mike and Matt delve into the inner workings of an accounting firm, specifically Patrick Accounting. They discuss the various services offered, the onboarding process for new clients, ongoing responsibilities, and the collaborative nature of accounting. As well as the common reasons clients may feel dissatisfied and the importance of transparency and...

In this episode of The One Step Better Podcast, hosts Mike and Matt discuss the importance of transparency in business relationships, particularly in the context of accounting services. They explore the types of clients they work best with, the significance of alignment in goals and expectations, and the criteria for selecting clients, including business maturity, willingness to adapt, and the imp...

In this episode of the One Step Better podcast, Mike and Matt discuss six essential changes that business owners should consider making in their accounting processes. They emphasize the importance of transparency, effective communication, and the integration of accounting systems to improve efficiency and decision-making. Mike and Matt cover topics such as the necessity of using standardized accou...

In this episode, Mike and Matt discuss the first 90 days of working with Patrick Accounting, outlining what clients can expect during this crucial onboarding period. They cover the importance of the initial strategy session, understanding client needs, and the processes involved in gathering and analyzing financial data.

In this episode of the One Step Better Podcast, Mike and Matt discuss the often misunderstood topic of taxes, particularly why owing more in taxes can be seen as a positive indicator of financial success. They explore the mindset around taxes, the implications of tax brackets, and the importance of long-term financial planning.

In this episode of the One Step Better Podcast, hosts Mike and Matt delve into common tax mistakes made by businesses, emphasizing the importance of good bookkeeping and understanding tax structures. They discuss how negligence in data management can lead to significant tax errors and highlight the misconceptions surrounding tax strategies often seen on social media. As well as the necessity of ef...

In this episode, Mike and Matt introduce the concept of The Client's Journey, focusing on simplifying financial complexities for business owners. They discuss the importance of accurate financial reporting, proactive tax planning, and understanding the market value of a business. They explore the need for accountants to provide more than just basic services, aiming to guide clients towards fin...

In this episode of the One Step Better Business Podcast, Matt and Mike celebrate St. Patrick's Day while discussing the origins and growth of Patrick Accounting. They explore the importance of team building, company culture, and creating a fun work environment. The conversation focuses on the significance of connecting with employees and fostering a positive atmosphere in the workplace, especi...

In this episode, Matt and Mike discuss the common pain points that small business owners face when dealing with their accounting needs. They explore the importance of having a good relationship with accountants, the impact of tax surprises, and the necessity for professional help as businesses grow.

In this episode, Mike and Matt discuss the significance of being recognized as one of the best places to work in the Memphis area. They share insights on the application process, the importance of employee satisfaction, and how such recognition fosters a positive workplace culture.

In this episode of the One Step Better Business Podcast, Mike and Matt discuss the critical role of trust in business relationships. They explore how trust is foundational for client retention and satisfaction, emphasizing the importance of values, communication, and empathy in building and maintaining trust.

In this episode of the One Step Better Business Podcast, hosts Mike Shaeffer and Matthew Patrick reflect on their 20-year journey in business, discussing the lessons learned from early mistakes, the importance of financial management, and the challenges of navigating change and technology. They emphasize the significance of hiring the right people, the evolution of their business practices, and th...

In this episode of the One Step Better Business Podcast, hosts Mike and Matt reconnect after a hiatus, and look towards the future.

Do you have a pulse on your team? Are your meetings purposeful and efficient? Today, Matt and Mike discuss the importance of regular check-ins and one-on-ones with your team members. Listen in for some tips on how to start your 2024 meeting cadences well!

"If I made all that money, why don't I have anything in my bank account?" We hear this question often. The truth is, keeping track of where your money is and where it's going can be complicated for most business owners. Without an accountant-mindset and a system for keeping track of your dollars, money is elusive. Join Matt & Mike this week to discuss some key money managemen...

It's the new year, it's a new start! As you're setting goals for your business, it's only right to take some time to look inward as well. Season 3 begins with our Habits of a Good Business Leader series where Matt and Mike discuss actionable steps you can take to become an even better leader. This week, join the conversation on personal development , the ways Matt and Mike better themselves, and h...

This week, Mike and Matt discuss the pitfall of making short-sighted decisions. Yes, hiring the overdramatic waiter will be a short-term solution to your staffing problem. Unfortunately, it could also mean frustrated managers, exasperated staff, and your fair share of bad Google Reviews. Tune in to hear about how you can approach decisions like this and more on this week’s episode of the One Step...

Happy Holidays! Short episode today, but we touch on a quick tip for you small business owners. Take a listen! #smallbusiness #businessleadership #holidayseason

Goal-setting — it’s the necessary, often dreaded, foundation-laying that always happens this time of year. But many of us make those goals only to lose focus a few weeks later.  As a business owner, this can’t happen. You’re responsible for not only your own success, but the success of your business and all the people that depend on it. So how can you set goals in a way that keeps you on track to...

Patrick Accounting is turning 20, so this week we get to hear from the owner and founder himself, Matt Patrick. Matt started the firm out of our house and never dreamed of what it might become. Tune in to hear his story and help us celebrate two decades of dedication, passion for purpose, and a whole lot of fun!

Budgets are the map and the guardrails for a successful business. Knowing how to establish a realistic one, however, is no easy task. Tune in today to hear Matt & Mike discuss the best ways to get your budget on track so you can be set up for success in the new year! #smallbusiness #businessbudget #budget #entrepreneurship #businessleadership

We'll be back next week with our regular programming. Until then, enjoy turkey day!

What’s YOUR favorite AI tool?? 
 Keeping up with all the emerging tech is a full-time job, and if you’re working at a small business, it’s likely you’re already doing more than one full-time job :) Join Matt and Mike to hear about some of their favorite tech implementations for small businesses from this past year, as well as how they go about reviewing and implementing them with the team. SUBSCRI...

Do you think we'll live to see the day when no paper is used in the business setting? Join Matt and Mike to ponder this question and talk through some best practices for managing the "paperwork" you use in your office. Don't forget to SUBSCRIBE and LIKE! #businessleadership #smallbusiness #paper #processes

Tech is always changing, but change is hard. As a business leader, it’s crucial to stay up to date and efficient with your softwares & processes, but how can you get your employees to buy in when a change is made? Join Matt and Mike to hear about the mistakes they’ve made with managing technology transitions, as well as the key steps they take today to make sure the team is on board.  Make sur...