featured

why we ‘kill’ to get partnership returns out quickly

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businessman looking at calendar on tableteveryone benefits.

by ed mendlowitz
call me before you do anything: the art of accounting

many real estate and venture capital partnerships and llcs have investors that need their k-1 tax statements to file their individual returns.

more: learning from lee iacocca et al. | growing with a client | getting a referral from an adversary | start with the cash | why a break-even analysis matters
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depending upon the way they are managed, some never have their books up to date and ready for tax filing until late in the summer, while others are maintained monthly and are closed and ready for tax preparation the end of january or beginning of february.
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8 steps for a successful change process

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gold pyramid etched with symbolsplus 4 common attacks to anticipate.

by bill reeb

we pick up in part 3 of this column series with some additional changes in best practices that will help you better focus your talent on what is truly important to the firm’s future.

parts 1 and 2: change happens: how to master it. | building competency on every level
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

as well, we will review a few simple change management strategies and approaches to propel the successful changes and transformations you and your organization desire to make. so, let’s get started.
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let go of beliefs that hold you back

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are you letting some clients get in the way of true success?

by matt solomon

we’ve discussed the need for a clear process to help you price, sell and deliver your new advisory services for clients. when your process communicates the value you offer, you are on the brink of achieving major success.

more: reframe sales as communicating value | 3 keys to evolving your accounting practice
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there’s just one more step, and we’ve saved the best for last. the truth is, you can give the best advice in the world and have a fantastic sales process, but still not be able to fill your roster with high-quality clients.
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7 succession planning best practices

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woman winking and holding thumb upnone of it works without the managing partner’s backing.

by august j. aquila

succession planning today is more complex for professional services firms than it was 15 years ago. practices have become more complex, the traditional business model that served firms so well in the 20th century no longer works today and clients have become more sophisticated.

more: 8 steps to make cross-selling work for your firm | the eternal riddle of being an effective leader | 7 pieces of leadership advice | tomorrow’s leader in 9 bullet points | 5 ways to get clients to accept a new pricing philosophy | 11 alternative pricing methods
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

fifteen years ago, it seemed that succession planning was nothing more than having the current firm leader announce who was going to take over the firm. and for the most part that process seemed to work. today the process is more complex.
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give your people the resources they need

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woman scanning a documentseriously consider your rate of return.

by frank stitely
the relentless cpa

we have talked about putting the right people in the right places. let’s discuss giving them the right resources.

more: 4 steps to take before next tax season | how to create good managers | how to hire and manage great admin staff | managing people: the heart of effective project management
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

little angers me as much as getting cheap when it comes to giving staff what they need. here’s an example from my wife’s career as a federal government contractor.
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