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Greg Lafollette reports new survey data from Thomson that shows four in 10 firms suffered revenue declnes last year.
The average accounting firm’s revenues grew 1.2%. But the growth was uneven:
- 40% saw declines of about 5%
- 22% were flat, and
- 38% (the high performing firms) grew by 3.1%.
When “high performing” is defined as a 3% gain, that’s a tough economy.
via The Tech Gap.
