Use a ‘skunk works’ mentality so the compensation trap doesn’t ruin you.
By August Aquila
Creating the Effective Partnership
The focus on most CPA firms is on billable hours. While there is nothing inherently wrong with this focus, it has become the overriding focus of firms.
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There is nothing wrong with making money today, but what about building for the future? With “today” being the dominant focus, what is the encouragement to CPAs to innovate? In most firms there is no alignment with innovation and compensation.
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