Rosenberg Associates Blog
Marc Rosenberg, CPAMy colleague, Art Kuesel of Kuesel Consulting (art@kueselconsulting.com), and I have been leading three roundtables in the Chicago area for over 20 years. Each group has about 25 partners, mostly MPs. The group that this blog reports on comprises roughly 75% of the largest local firms in Chicago. Revenues range from $7M to $35M. We…
Matt RampeI coached a managing partner recently – let’s call him Chad – who was standing on a proverbial burning platform when I met him. Chad had lots of clients who loved his firm, but was short staffed at the lower levels and partner level. He had a succession problem that needed to be handled now….
Why it’s important to write correctly Written communication takes several forms: emails, texts, letters (to clients and the IRS, for example), client reports, performance evaluations, etc. Thoughtful writing of these messages is important because: It shows that the author is thinking clearly. The way you write says as much about you as the way you…
Kristen Rampe, CPAIt’s no secret that small to mid-sized CPA firms don’t have the same resources to manage their firms that the Top 100 do. Plus, smaller firm owners enjoy the freedom that comes with being able to do what they want and not be subject to corporate policies, red tape, bureaucracy, and other negative aspects of…
This blog topic is one of the edgier ones: Perhaps it’s because deciding what is unreasonable depends upon one’s point of view. For example, some CPA firms provide wealth management services while others do not because they feel it is unethical or a conflict of interest. Perhaps it’s because it’s human nature to favor a…
I know. I know. If you’re like most of our clients, you never lose clients. Ever. At least you won’t admit that you lose clients from time to time. But the best of firms lose clients on a regular basis, so fess up. Now that we’re all honest, we can focus on a question recently…
Randy Nail is the Managing Partner (MP) of Hogan Taylor, a $50M Oklahoma-based firm in Tulsa and three other locations. Randy got a unique baptism to managing the firm in several respects. In 2009, Hogan Taylor was created from a merger of two equal $10M firms. One of the two firms’ MPs initially served as MP,…
The coronavirus crisis has cast a surreal cloud over every aspect of our lives. To say that businesses are in uncharted waters would be an epic understatement. No one has all the answers. But as is the case in any crisis, as we work through it, we start to pick up best practices from each…
As we navigate these unprecedented times, we at Rosenberg-Rampe Press are thinking of partners and staff at CPA firms throughout the world. Your top priority must be the health and safety of your team members and your clients. For the first time in most of our lives, an international health crisis has the makings of…
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Current Effects of COVID on CPA Firms – Rosenberg’s Analysis
The CPA industry is as steady as an ocean liner in heavy seas… in normal times, which is 90% of the years. Most established multi-partner firms experience increases in revenues and profits on an annual basis…in normal times. Sure, there are major challenges such as finding staff, retirements, technology’s relentlessly huge impact on how CPA…
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