How Many Partners Is Too Many?

Older businessman leaning back thinkingHint: probably fewer than you have.

By Domenick J. Esposito
8 Steps to Great

More often than not, CPA firms support too many partners relative to the firm’s revenue, profitability and its anticipated growth rate. That usually means, too, that the partners are doing a lot of work that could or should be done by staff.

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Look at the average revenue per partner for the mid-market sustainable brands and you will see that the trend is to get more done with fewer partners, more staff and more effective use of technology.