7 main areas, with specific tips for each.
By Ed Mendlowitz
The CPA Trendlines Practice Doctor
QUESTION: Do you recommend strategic planning for a small accounting practice?
MORE PRACTICE DOCTOR Q&A for PRO Members (Go PRO here): Help Clients, Increase Revenue: Make Sure Everyone on Staff Knows Your Firm’s Full Menu of Services | I Made Partner, Now What? | How to Sell Your Practice | When a Client Balks at Necessary Work | 14 Ways to Use Timesheet Data | How to Make Staff a Team Again | It’s Not Sales. It’s Your Duty | How to Notify Clients of a Partner’s Retirement | Closed for Tax Season? Looks That Way | Is Joint Representation a Conflict? | Lowballing and Why It (Usually) Doesn’t Work | What Goes in a Client’s Permanent File?
ANSWER: I recommend it for everyone. It is important for larger firms to make sure the partners are on the same page.