The president of The Visionary Group, Bob Lewis was recently featured as a Succession Planning expert in Accounting Today. So, you failed your succession test. Now what? So, you failed your succession test. (Take the test here). Now what do you do? This is not a...
Owners need to understand that conducting a family succession requires a very different path than an owner who is looking to sell to an outside party. Most family successions involve some form of gifting in order to begin transferring family wealth. It’s a different...
The President of The Visionary Group, Bob Lewis, recently had an article published in Accounting Today. Click the link below to test your firm’s succession plan and find out if you are as prepared as you think! ...
Most professionals are not engaged. You might disagree with this because your mind will go to the few great employees who are productive and willing to die for the firm, but these are the abnormal. The normal employee puts in minimal effort and leaves for the next pay...
It’s here and it is bad. There are plenty of statistics on CPA firm succession. Most paint a more than acceptable version of the truth. When you peel back the details, reality starts to settle in. The “true” reality of the CPA succession landscape is: 50% have no clue...
