Practice Management-Succession Planning - ADD A NEW OWNER TO YOUR FIRM - Many owner-partners of CPA firms know their future retirement likely will be funded by elevating other members to owner status, but before they do that, they must resolve a number of financial issues. This article describes some of them, along with time-tested formulas parties can use to negotiate fair terms for buying or ...
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Journal of accountancy : publication of the American Institute of Certified Public Accountants. - Jersey City, NJ : Inst., ISSN 0021-8448, ZDB-ID 2193590. - Vol. 196.2003, 2, p. 43-50
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Practice Management-Succession Planning - WHO WILL TAKE THE REINS? Is your CPA firm among those run by baby boomers who will retire during the next five to 10 years? Many senior owners don't have successors to guarantee the long-term viability of their firms. Here are some tips to deal with the next-generation partner shortage.
Weinstein, Stephen, (2004)
Articles - Practice Management - SOLO, BUT NOT ALONE - Many practitioners who wish to remain independent must consider entering alternative practice structures that leverage their specialties and give them a competitive edge Case studies: One sole practitioner chooses to stay solo, another merges for security
Weinstein, Stephen, (1999)
THE PARTNER ALTERNATIVE - Changes in the profession are leading to the demise of the up-or-out model. This alternative to the partnership track creates a nonpartner executive position designed to retain key employees. Case study: By making a CPA a director, one firm ended up retaining a high-level specialist who was not likely to become a partner.
Weinstein, Stephen, (1998)
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