Some Thoughts on Mandatory Retirement

Some Thoughts on Mandatory Retirement

Here are two opposing perspectives on the mandatory retirement question. Anti-mandatory retirement. A group of partners in their late 50s and 60s, still vibrant and sharp, run a small firm. They make good money, have great clients and love what … Continued

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Merger Best Practices: My Short List

Merger Best Practices: My Short List

My merger “best practices” list consists of over 100 items.  From that list, here are my favorites. FOR BOTH BUYERS AND SELLERS By far the biggest factor in determining the success of a merger is culture and personality fit. Both … Continued

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Profitability Best Practices

Profitability Best Practices

I’ve been spending a lot of time with firms recently on profitability, a topic that’s easy to get partners’ attention. The following profitability best practices have a major impact on the bottom line. Management and leadership. This is the first … Continued

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Benchmarking IT Expenses

Benchmarking IT Expenses

Question from a Blog Reader: Hi Marc. Can you help me find some industry data on IT expenses? Specifically, I’d like some benchmarking statistics on CPA firm IT costs, including IT expenses as a percentage of revenue. I’ve got three … Continued

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