What Does Buy-In Buy?

PLUS: How to account for partners’ capital.

By Marc Rosenberg
How to Bring in New Partners

What do new partners “get” for their buy-in?

This is a question asked, justifiably, by many new partners when they are informed of the buy-in requirement. Firms should be prepared to respond.

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First and foremost, new partners essentially get to be a member of the “club.” They get to become an owner of an organization that operates a highly profitable, growing firm that will provide them with a substantial income stream for 20-40 years that is well above what most people earn in other jobs.

Posted on July 4, 2016

Marc Rosenberg

About the Author

Marc Rosenberg, CPA, is a nationally known consultant, author and speaker on CPA firm management, strategy, and partner issues.

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His CPA Trendlines publications include:

President of his own Chicago-based consulting firm, The Rosenberg Associates, he is founder of the most authoritative annual survey of mid-sized CPA firm performance statistics in the country, The Rosenberg Survey. He has consulted with hundreds of firms throughout his 20+ year consulting career. Accounting Today has acknowledged Marc Rosenberg as one of Top 100 Most Influential People in the CPA profession for the past 11 consecutive years and INSIDE Public Accounting has repeatedly recognized him as one of the Ten Most Recommended CPA Firm Consultants.

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