401(k) Funds to Hit $2.5 Trillion by ’08

Cerulli Associates, a Boston-based financial services industry researcher, projects that 401(k) assets will reach $2.5 trillion by 2008–up $700 billion from 2003. And plans geared to small businesses are growing the fastest. That’s a challenge for small business owners trying to keep up with the competition — and an opportunity for experts ready to help.

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Posted on July 30, 2005
Filed Under BSG ENTREPRENEUR | Leave a Comment

Is Business Too Good for Your Own Good?

Business is good, but CPAs say the workload never eases up.

by Rick Telberg
At Large in the AICPA Insider

CPA across all areas of the profession this summer are confirming the best hopes and worst fears that the profession felt when the year was beginning. Yes, business is up across all sectors and should continue to improve, especially for public practice firms, but there are not enough people to handle the work.

Our readings are showing that two-thirds of CPAs in all sectors of the accounting profession are enjoying better business than last year. Asked to look 12 months into the future, roughly the same number expect their business conditions to be even better, although members in public practice are slightly more optimistic than members in business and industry.

[SURVEY:If so many professionals are working so hard, are business conditions to blame?]
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Posted on July 29, 2005
Filed Under BSG [CPA TRENDLINES] | 3 Comments

SURVEY PREVIEW: The CPA Optimism Index Results

Business isn’t bad. In fact it may be better than some other parts of the typical professional’s life these days.

Early results from the Optimism Index suggest that at mid-year 2005, accountants and financial managers are:

1… Most optimistic about the future of their own businesses…

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Posted on July 29, 2005
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Four Pictures LA Show

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Posted on July 28, 2005
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AAM show

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Posted on July 28, 2005
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Plostock and Frank at NY Show

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Posted on July 28, 2005
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Tech ’05

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Posted on July 28, 2005
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How Happy Are You With Your Payroll System? Results

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Posted on July 28, 2005
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Top 2 Rules for Consultants

Hiring a Consultant? Or Is Your Firm Doing Consulting?

Rule No. 1: Know the industry.
Rule No. 2: Deliver quick results.

Clients are looking for quick results from consulting engagements that draw on in-depth understanding of industry-specific dynamics. Kennedy Information research finds that results are most efficiently generated by consultants who can solve industry-specific problems with fast solutions.
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Posted on July 28, 2005
Filed Under BSG ENTREPRENEUR | Leave a Comment

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