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Profitability Priorities

In both the good times and bad, the drivers for profitability in your accounting practice must include the following:
  1. Billings and Collections
  2. Realization
  3. Marketing and Development
  4. Firm’s Succession
  5. Perpetuity of the business
Don't let the numbers above mislead you these are all crucial to the success of your practice.

IRA in the Hot-Seat

  1. You have been a managing partner and run a sizable successful practice, what should your future outlook be over the next 2 years?
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  2. What are common problems in these particular areas?
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  3. How does coaching lend itself into a firms succession?
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  4. Is ego important for business?
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