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pro member exclusive

why firm governance and economics matter

three critical components of success.

by domenick j. esposito
8 steps to great

“growth is never by mere chance; it is the result of forces working together.” – james cash penney, founder, jcpenney

your firm is a business and the vehicle for generating wealth for you and your partners. you need to operate it with strict governance processes, a system of accountability and a firm economic foundation.

more by domenick j. esposito
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

balance sheets, usually funded by partner capital and a line of credit for seasonal working capital needs, need to be strong to protect your cpa firm from the loss of a senior partner, loss of a marquee client or just an overall poor economy that results in tepid growth for clients and therefore a reduced appetite for professional services.
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listicle

ten topics for radio and podcast interviews | listicle

//www.g005e.com/category/checklist/listicle/by 卡塔尔世界杯常规比赛时间 research

radio and podcast interviews are a great way to reach a wide audience of potential clients.

more listicles here

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

radio stations and podcasters are often eager for local people to interview. but you need to reach out to them and propose a topic that will appeal to their audience. here are 10 to choose from.

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growth strategies

it’s never too early to plan your exit strategy

businessman thinking with hand on his chin

consider the legacy you’re leaving.

by jackie meyer

building a successful advisory practice is a significant achievement. but have you considered what happens next once you’ve reached your current goals? it’s easy to get caught up in the day-to-day operations and growth of your firm without thinking long-term. however, true freedom and peace of mind come from knowing you have a plan for the future of your business and the impact you’ll leave behind.

more: beyond blocking: more time management strategies | reclaim your hours with time management and productivity hacks | hiring strategies for your dream team | streamline your operations with systems and processes | from compliance to advisory: shifting the value proposition | build a seven-figure firm in four hours a week
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

this article delves into the critical topics of exit strategy and legacy. we’ll explore why it’s essential to plan for the future even in the early stages of building your firm, discuss various options for eventually selling or transitioning your business, and get you thinking deeply about the legacy you want to create. planning your exit isn’t about wanting to quit – it’s about building a business that’s a valuable asset and ensuring your hard work carries on according to your wishes.
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advisory & consulting

how to conduct a proper discovery meeting

credit: adobe

 

what are your clients’ dreams? how do you know?

by rory henry
the holistic guide to wealth management

a client discovery meeting, or even better, a rediscovery meeting, can be an ideal opportunity for you to deepen your relationship with the client. even better, when done correctly, the meeting can lead to self-discovery for the client.

more: understand clients’ relationship with money | from services to experiences to transformations | how behavioral finance works | manage change through a pact | priority no. 1: your mental and physical health | build stronger financial futures with health care planning | marketing strategies for wealth management services | trust is the primary ingredient | use goodwill to maximize exit readiness | an accountant’s role in exit planning | how to prepare your clients’ kids for their inheritance | a question of trust: not just for the wealthy
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

historically, clients turn to financial professionals for help solving a financial problem or for alleviating financial concerns. they ask questions such as:

  • “what type of entity should i select and what are the tax implications?”
  • “how do i increase my gross margins?”

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featured video

ruparel: boost productivity by 3x | big 4 transparency

equity pathways, training, and culture—not payouts—will determine which firms thrive in the pe era.

this is a preview. the complete video episode, with commentary and transcript, is first available exclusively to pro members | go pro here
sponsored by “it’s not just the numbers: how to move beyond the numbers and deliver real value for your clients.”
by penny breslin and damien greathead. see today’s special offer

stream, listen, download, and subscribe to 卡塔尔世界杯常规比赛时间 podcasts anywhere: apple, google/youtube, spotify, iheart, deezer, amazon music and audible, player fm, audacy, rss

big 4 transparency
by dominic piscopo, cpa
for 卡塔尔世界杯常规比赛时间

brace yourself: revenue per employee is projected to grow 2.7 times over the next decade, while 87% of the workforce will have less than 10 years of experience by 2035.

that dual pressure, nishaad ruparel, president of private equity-backed ascend, tells dom piscopo in today’s episode of big4 transparency, demands a rethinking of ownership, training, and culture across the profession. and it’s why the most progressive firms are not grabbing payouts—they’re betting on equity pathways, people-first strategy, and selective centralization to compete in the pe era.

more dominic piscopo | more private equity | more pay & compensation

“these firms are looking at their clients and saying, ‘i’ve served this market for 50 years – how do i keep doing that in a way that’s synonymous with excellence?’” ruparel explains. “then they look at their people, at their deep bench, and ask how they can secure their future. and they realize: the cost of independence is rising fast.” 

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