Today’s Bissett Bullet: “All it takes for an accounting practice to stagnate is capable, talented partners to take up a position of ‘my clients,’ ‘my fees.’”
By Martin Bissett
How often have we heard about a multipartner practice simply being a selection of sole practitioners operating under a common brand? So many accounting firms operate from silos, never really looking above to see what is going on anywhere else. So, as soon as it becomes “my clients and my fees” rather than “our clients, the firm’s fees,” then you can be sure the practice is on a slow steady decline.
Today’s To-Do:
If you ever catch yourself or one of your colleagues talking about “my clients, my fees,” remind them that they are a “partner in a practice” and that they are working for the good of the whole, not solely the good of the individual.
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