Are You Already Missing the Next Generation of Clients?
Sure, the current generation of accounting firm owners faces a crisis in finding the people for succession.
But that issue pales in comparison to the problem we have today, right now, with the gap between the generations seen in clients and the CPA firm workforce.
According to data from Thomson Reuters, the aging client base is much more pronounced than the aging workforce.
| Generation |
% of Workforce
|
% of Client Base
|
| Traditionalists (62+) |
4%
|
7%
|
| Baby Boomers (44-61) |
38%
|
87%
|
| Generation X (28-43) |
48%
|
6%
|
| Millennials (Under 28) |
10%
|
0%
|
