By Domenick J. Esposito
8 Steps to Great
We all know that improving profitability on a sustained basis generally is a long-term play that requires significant planning, discipline, accountability, implementation and patience.
MORE ON STRATEGIC PLANNING: The Link Between Strategy and Winning on Value | Mine Vs. Yours Vs. Ours | 22 Things Leaders Must Do | 21 Questions to Help Unlock Accelerated Growth | Quality Work, Quality Service Not the Same Thing
Exclusively for PRO Members. Log in here or upgrade to PRO today.
Unfortunately, the senior partners at many small and mid-sized CPA firms do not possess all of these attributes and therefore are unable to make significant strides in their bottom-line distributions to their partners. While it’s an uncomfortable scenario, it’s reality and almost understandable as many small and midsized CPA firms are thinly managed and do not have the leadership that is necessary to change the inevitable path of merging up.