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A Look Back: Celebrating 5 Years in Business

To commemorate First Act Accounting’s 5th business anniversary on May 25, 2014, we thought it would be appropriate to take a little time to reminisce about our early years and all the amazing events that occurred.

A Trip Down Memory Lane:

May 25, 2009 

First Act Accounting opened the “doors” with no clients on the books, just the belief that sharing Dawn’s QuickBooks and accounting knowledge with small business owners though a new industry concept might just work!

June 2009 

In less than 10 days, First Act Accounting welcomed its first two clients – business is booming!

August 2009 

At the brilliant suggestion of the former Executive Director of Cecil County Chamber of Commerce Laura Mayse, 12 ladies met to begin a powerful women’s networking group known as the Top of the Bay Business Women.

September 2009 

After sponsoring a networking function at Manor Tavern Inn, First Act Accounting welcomed its first big client, a high end construction company located in Lutherville, MD.

October 2009

SARC, a Harford County nonprofit organization dedicated to ending domestic violence, selected Dawn as Volunteer for the Year and we learned the value of a press release and promoting such honors – from both a business perspective, as well as a way to promote the causes First Act Accounting cares about!

January 2010

Dawn had her first teaching gig at Cecil County Public Library and taught small business owners QuickBooks Tips & Tricks (many more to follow).

February 2010

Dawn was hired as a mentor to help others in business similar to hers.

July 2010

Dawn mustered the courage to let a First Act Accounting client go…began to realize First Act’s worth and trust her own abilities.

September 2010

Dawn was selected as one of SmartCEO’s Readers Pick for Region’s Top Accountants.

December 2010

Dawn traveled 14,232 miles for First Act in 2010.

May 2011

Dawn fell in love! <3

September 2011

First Act Accounting was nominated for Small Business of the Year in Cecil County.

November 2011

First Act Accounting lost its first big client who decided to bring accounting in house.

December 2011

Dawn was convinced not to throw in the towel – thank you RM!!!

March 2012

Dawn was nominated for Athena Award of Cecil County – learned that sometimes even a nomination brings new clients!

Remainder of 2012

First Act Accounting revamped after losing a large client and learned the hard lesson that, while there is comfort in “putting all your eggs on one basket,” it really makes a mess when that basket falls to the ground!

September 2013

Dawn became Mrs. Dawn Regner!

November 2013

First Act Accounting doubled its client size through a business purchase and expanded into Delaware, Pennsylvania and northern Cecil County

January 2014

Five years is in sight!

Lessons Learned

The first 5 years were tough, exhilarating and full of lessons. With the help of so many influential professionals, including Kathy Walsh, president of JigSaw Marketing Solutions, we learned to trust our instincts and establish a niche that is unusual in the accounting industry.

Looking Ahead

In the next 5 years, we have set some pretty lofty, yet achievable goals:

  1. Increase business to support clients on another level, with trend and ratio analysis.  Most small business owners are not aware of their industry average, so they cannot successfully compare their business with their peers.  This is a critical element missing from small businesses, often due to limited time juggling multiple tasks. 
  2. Grow the First Act team. In the next 5 years, First Act anticipates having a staff of 3 Certified QuickBooks ProAdvisors to meet onsite with clients.
  3. Add more QuickBooks training classes. Dawn would like to do more training, and has visions of developing a Chamber blitz, where she offers free QuickBooks training to small businesses through Chambers throughout the United States. 
  4. Be a First Act star. Can you picture it, Dawn representing First Act on The Ellen Show!

We would like to take this opportunity to thank all those who have helped First Act Accounting make it to its 5th business anniversary and hope you will support us as we look to our next anniversary. May the next 5 be as fun, successful and empowering as the last!