by Bobby Riesterer | Nov 30, 2017 | News
Mandatory Retirement Age – Is it right for your firm? It may come as a surprise that many firms do not mandate retirement ages for their firm partners. Why? First, there are internal struggles with some partners not wanting to leave combined with the need for...
by Bob Lewis | Nov 16, 2017 | News
Questions to Ask When Merging or Selling Upward This document is intended to help a CPA firm size their potential fit. When merging or selling, it is normal to go into a larger firm. Problems can arise if the firm has material differences or gaps based on what your...
by Doug Lewis | Nov 9, 2017 | News
Red Flags for Retaining Young Accounting Staff The CPA profession is currently seeing a gap in succession talent. Many firms face the issue of no succession talent beneath the Partner group to lead the firm moving forward. What is causing this trend to continue? There...
by Bob Lewis | Nov 2, 2017 | News
We speak on CPA M&A at least a dozen times a year. Our team talks with firms trying to grow by merging or acquiring a practice and firms who want us to find them a practice to merge or sell into. Many of these discussions revolve around succession planning (or a...
by Bob Lewis | Oct 26, 2017 | News
What’s going to happen in the world of CPA firm mergers & acquisitions? It is going to ramp up. Many Baby Boomers have already held on longer than they should and there is a growing number of aging accounting practices with no succession plan of any kind. It is...
by Bob Lewis | Oct 19, 2017 | News
Using a Merger or Acquisition to Develop a CPA Firm’s Advisory Capabilities One common weakness inside CPA firms is their inability to consistently sell and deliver consulting. They have the attention and trust of their clients, but fail to suggest other services...
