ALSO: Manage your non-charge hours.
By Jeff Pawlow, The Growth Partnership
The Rosenberg Survey: National Study of CPA Firm Statistics
All of this M&A is coming at a price. Yes, top lines are growing, but often the challenge of successfully assimilating a disparate culture causes challenges to the bottom line.
MORE FROM THE MAP SURVEY: 2019 Trends: Client Service Changes | 2019: Shifts in Hiring & Office Space | 2019: Firms Grapple with Change | Staff Policies Improve, But Not Mentoring
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This is a relationship business – and it is almost impossible for a practitioner to function at an advisory level absent true professional intimacy with their clients. Sadly, most firms don’t have programs in place to drive these dynamic relationships and are still stuck managing the compliance services at the expense of the advisory work.