The business community’s appreciation for the value of what CPAs know has increased in recent years. That’s great news, except for those responsible for finding and hiring CPAs. With so many companies eager to put that financial brainpower to work, a highly qualified... read more
A key advantage of doing business in this digital age is easy and constant access to an unprecedented amount of information. And a key disadvantage of this age is being overwhelmed by more information than one could possibly hope to consume. That’s particularly true... read more
As accounting firms consider strategies for growing their business and increasing their scope, most will focus on the same familiar avenues. They might consider adding more professional or support staff. Another common thought is buying another firm in town or in a... read more
What’s going to happen in the world of CPA firm mergers & acquisitions? It is going to ramp up. Many Baby Boomers have already held on longer than they should, and there is a growing number of aging accounting practices with no succession plan of any kind. It is... read more
A CPA practice ready to pursue a growth strategy will probably need some degree of outside funding. And since most CPA practices view themselves as small businesses, they may assume the best source is a Small Business Administration (SBA) loan obtained with the help... read more
There’s a funny thing about high school and college reunions: when we arrive, we’re shocked at how old everyone looks. We can pretend that we’re not aging, but we can’t escape the fact that we’re growing a little older every day. Retirement may not be in our immediate... read more
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