3 Reasons Small Firms Stay Small

Plus 5 common situations. Do you see yourself?

When firms want to grow but can’t, the problem is neither economy nor resources.

MORE ON ENTREPRENEURIAL STRATEGY: How Job Titles Can Rebrand Your Firm | Your Clients Hold a Secret Key to Your Practice Growth | Seven Lessons for Accountants from Self-Driving Cars | You Don’t Think Technology Helps Get New Clients? | Tax Season Management: Multi-Tasking Is a Myth
Exclusively for PRO Members. Log in here or upgrade to PRO today.

There are firms that do not want to grow. As long as it is by conscious, purposeful choice, it is a decision well respected.
There are firms that believe that they cannot grow beyond what they have already achieved.
Then there are firms that want to grow but struggle to break the shackles of being where they are now.

Posted on March 31, 2017

Hitendra Patil

About the Author

Hitendra Patil is the president of the Global F&A and CPA outsourcing services unit of Datamatics Business Solutions, Inc., a global provider of outsourced accounting, bookkeeping, finance, tax preparation, audit & assurance, payroll and demand generation & data services.

He is one of the profession's leading authorities on accounting technology, accounting firm innovation, and client accounting and advisory services (CAS / CAAS) and among the Top 100 Most Influential People in Accounting, the Top 10 Accounting Influencers to Follow on Social Media, and the Top 100 Accounting Social Media Leaderboard.

He is the best-selling author of
“The Definitive Success Guide to Client Accounting Services.”

Buy Now | Learn More

and
"Accountaneur: The Entrepreneurial Accountant."

Buy now | Learn more

For over 20 years, he has worked exclusively for the accounting industry, leading several functions, including accounting, payroll, tax, and advisory services and technology solutions used by professional accountants.

He is a regularly published author in many leading publications in the United States accounting profession. Accountants have bought his best-selling books in 12 countries across five continents. He frequently provides fresh thought leadership and actionable insights to the accounting profession about CAS/CAAS, practice growth, entrepreneurship in accounting, and emerging technologies, such as artificial intelligence, machine learning, blockchain, and cybersecurity.

Buy now | Learn more

Patil's newest book is, "Rise of The AiCCOUNTANTS: The What, Why, and How of Artificial Intelligence – Exclusively for Accountants.”
Available here

Click here for more by Hitendra Patil

TO READ THE FULL ARTICLE

Continue reading your article with a CPA Trendlines Pro membership.