Is your firm ready to execute a succession plan? Is the practice one you would want to buy or is it too much of a uphill battle to make it what you would want to work in?
"How to Craft a Growth Culture" by Anthony Reo, Co-Founder & Product at BunchTheFamily
The team at Bunch is dedicated to using the power of data and psychology to redefine the way companies work. They've decoded what growth culture means and how to find yours.
Misalignment of organisation & communication tends to grow exponentially as you scale. That's why getting culture right early is so crucial. In this talk, their Co-Founder Anthony shares insights on what are the elements of a strong culture, how to express it, and how to adapt during crucial lifecycle stages.
Innovation and the Business Units: Survey Data and Best PracticesScott Kirsner
What's the right way for innovation or research and development teams to connect with the business units? This presentation serves up a sample of data from an Innovation Leader survey of 164 executives at companies with $1B+ in revenue. Covers questions like whether funding for innovation/R&D comes from the business units, and who sets the agenda. These slides were used as part of an Innovation Leader webcast; the content is part of a 35-page research report published in February 2017.
For more on Innovation Leader, visit innovationleader.com or follow @innolead on Twitter.
Slides from our Feb 2017 webcast outlining what's on the agenda of corporate innovators, R&D, and strategy execs this year. For more info, visit innovationleader.com
DEI360 took 10 years of data analysis and expertise to create the DEI assessment that quickly allows organizational leadership to see how they’re doing from the employee’s perspective.
Shattering the Benefits Mold Dave Marini, DVP Strategic Advisory Services Ber...ADP, LLC
Information on the current HCM landscape, benefits as a value prop in the workplace, and a communication strategy around benefit offerings, participation and engagement.
"How to Craft a Growth Culture" by Anthony Reo, Co-Founder & Product at BunchTheFamily
The team at Bunch is dedicated to using the power of data and psychology to redefine the way companies work. They've decoded what growth culture means and how to find yours.
Misalignment of organisation & communication tends to grow exponentially as you scale. That's why getting culture right early is so crucial. In this talk, their Co-Founder Anthony shares insights on what are the elements of a strong culture, how to express it, and how to adapt during crucial lifecycle stages.
Innovation and the Business Units: Survey Data and Best PracticesScott Kirsner
What's the right way for innovation or research and development teams to connect with the business units? This presentation serves up a sample of data from an Innovation Leader survey of 164 executives at companies with $1B+ in revenue. Covers questions like whether funding for innovation/R&D comes from the business units, and who sets the agenda. These slides were used as part of an Innovation Leader webcast; the content is part of a 35-page research report published in February 2017.
For more on Innovation Leader, visit innovationleader.com or follow @innolead on Twitter.
Slides from our Feb 2017 webcast outlining what's on the agenda of corporate innovators, R&D, and strategy execs this year. For more info, visit innovationleader.com
DEI360 took 10 years of data analysis and expertise to create the DEI assessment that quickly allows organizational leadership to see how they’re doing from the employee’s perspective.
Shattering the Benefits Mold Dave Marini, DVP Strategic Advisory Services Ber...ADP, LLC
Information on the current HCM landscape, benefits as a value prop in the workplace, and a communication strategy around benefit offerings, participation and engagement.
Medical Practice Accounting and Financial ModelingJason Deshayes
There are many ways to organize the finances of a medical practice - this session will cover a few models that can be adjusted to fit your specific practice.
Not all CPA firms look like - what makes you different from other firms is what draws clients and potential team members to you. This session will cover different ideas on how to brand yourself personally and as a firm to improve your image in the community and your bottom line.
Being THE Advisor for your clients - don't just sit behind the desk and do the work; be out there and be the person your clients go to whenever they have an issue.
Does tax season just seem to suck more and more every year? Why repeat the sins of the past when you do something different - making busy season into opportunity season!
if you have a business then you will love this little book of big business, packed with great articles including business development, website, sales, and much more
Sustainability is not a concept; it’s a strategic imperative. To be competitive sustainability must be woven throughout your business beginning with your strategy, leveraging your human resources and optimizing your business processes. Sustainability = profitability.
South Florida HDI Event Fusion 12 Sneak Peek September 20, 2012Eddie Vidal
The Analyst of the Year and Desktop Support Technician of the Year awards are an amazing opportunity and honor for our chapter and for the eventual winner who will represent the South Florida HDI chapter. The winners will also compete at the HDI Southeast regional level.
Taking Freelancing to the Next Level, Starting Your Own Agency - #WCAhmedabad...Kandarp Bhatt
Kandarp shared the step by step strategies required in the transition from being a freelancer to creating your dream agency for all those who have an entrepreneurial bug within.
His session guided us to actionable tips on:
The required critical support system
Mindset change
The right time to shift from freelance to a creative agency.
Medical Practice Accounting and Financial ModelingJason Deshayes
There are many ways to organize the finances of a medical practice - this session will cover a few models that can be adjusted to fit your specific practice.
Not all CPA firms look like - what makes you different from other firms is what draws clients and potential team members to you. This session will cover different ideas on how to brand yourself personally and as a firm to improve your image in the community and your bottom line.
Being THE Advisor for your clients - don't just sit behind the desk and do the work; be out there and be the person your clients go to whenever they have an issue.
Does tax season just seem to suck more and more every year? Why repeat the sins of the past when you do something different - making busy season into opportunity season!
if you have a business then you will love this little book of big business, packed with great articles including business development, website, sales, and much more
Sustainability is not a concept; it’s a strategic imperative. To be competitive sustainability must be woven throughout your business beginning with your strategy, leveraging your human resources and optimizing your business processes. Sustainability = profitability.
South Florida HDI Event Fusion 12 Sneak Peek September 20, 2012Eddie Vidal
The Analyst of the Year and Desktop Support Technician of the Year awards are an amazing opportunity and honor for our chapter and for the eventual winner who will represent the South Florida HDI chapter. The winners will also compete at the HDI Southeast regional level.
Taking Freelancing to the Next Level, Starting Your Own Agency - #WCAhmedabad...Kandarp Bhatt
Kandarp shared the step by step strategies required in the transition from being a freelancer to creating your dream agency for all those who have an entrepreneurial bug within.
His session guided us to actionable tips on:
The required critical support system
Mindset change
The right time to shift from freelance to a creative agency.
In this issue of Agency Food, we look at what
makes agency heads tick. We ask why you set up
in business in the first place, what your agency
ambitions are and your hopes and dreams for the future.
What do next generation leaders say they need to be 'future ready'? This report is from 200+ next generation leaders attending the #AICPA_EDGE Conference in Las Vegas in August, 2016.
Next Gen leaders will be called to lead in a different environment than many leaders of the past. These times of exponential change will require a different skill set. They will be leading in transformational and adaptive times which require new skills and new practices.
This report highlights top challenges, top skills, insights from the session and more.
These polls were integrated during a presentation on "The Future Ready CPA" where we covered the 5 C's - Context, Certainty, Capacity, Competency, and Core Purpose & Values.
We are living in “exponential times” where the size, scale and scope of change is incredible. That means there are incredible opportunities for those who can see through the fog of uncertainty and anticipate what’s next. The biggest opportunity is to harness the wisdom of our older generations with the fresh perspectives of the tech-savvy younger generations. The next generation of leaders is enthusiastically ready to have a seat at the table. The future is not created; the future is co- created. Let’s get to work!
Starting a new business is not the same as running an operating business. Over the last decade, several management practices have emerged that recognize the particular challenges new ventures face. Steve Blank’s Customer Development Model and the related “Lean” movement are increasingly popular. This session introduces and defines the key concepts of these entrepreneurial management practices and explores how startups can use them at any step of their development.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
The effects of customers service quality and online reviews on customer loyal...
Succession Planning
1. AUG. 6 – 9, 2014
THE RITZ-CARLTON, NEW ORLEANS
Session 9 – Getting Yourself Ready for Succession Planning
August 7, 2014 – 2:20 – 3:10pm
Jason Deshayes, CPA, CGMA
Michael Elliott, CPA
3. #AICPA_EDGE
Jason Deshayes, CPA, CGMA
3
Vice President – Butler and
Company CPAs, PC
Serving clients since 2003,
providing advice to individuals and
closely-held businesses, with a
focus on professional services,
medical and veterinary practices,
individual taxation and business
start-ups.
Honored in 2011 as one of New
Mexico’s
“40 Under Forty” by NM Business
Weekly
PCPS Executive Committee – 2012 –
present
2010 AICPA Leadership Academy
Graduate
Was a Seattle Seahawks fan WAY
before they won the Super Bowl
@taxguyjase
4. #AICPA_EDGE
Michael Elliott, CPA
Principal, Dittrick & Associates, Inc.
Serving in public practice since
2007 to a wide variety of individuals
and privately held businesses.
Ohio Society of CPAs – YCPA
Planning Committee, Public
Relations Advisory Council
Treasurer, Agape Christian
Academy, Inc.
2012 AICPA Leadership Academy
Graduate
Cleveland Sports Fan – WAY before
they ever won anything!
4@GeaugaCPA
6. #AICPA_EDGE
How to Succeed in Succession
Skills
Transitioning Clients
Firm Processes
Internal Decision / Culture Hand Off
Branding
Start a Firm vs. Succeed in an Established Firm
Training Yourself to Run a Business
Ensuring Success by Using the Right Tools
6
Today’s Topics:
8. #AICPA_EDGE
Getting the Right Skill Set
Technical is important – but easy to obtain
• Expert versus Generalist
Business know-how – or “soft” skills are important
• People – employees and clients
• Practice administration
Practice Development – Is it the “hidden” skill?
• Mentoring
• Being the Expert
• Building A Network
8
10. #AICPA_EDGE
Transitioning the Clients
SLOW DOWN: Take the time to do it right
Don’t need to rip the “band aid” off of the
relationship
Some clients may resist….
• But others may thrive with a new relationship
Lots of “touches”
• Recent AICPA JoA article says that it takes 3-5 “touches” to
successfully transition a client
• Early and often are key to success
10
12. #AICPA_EDGE
What is your process?
Process uniformity is important
• Firms should always put out quality work
• All staff should understand importance of processes
Documentation in case of emergency
• Do you have plans in place in case of loss of staff?
• Could someone come in and run your firm by looking at your
process documentation?
• Do you know what your partners do? Do they?
Are your processes up to date with technology?
When should you begin to redefine firm processes?
12
14. #AICPA_EDGE
Who is calling the shots?
Number one challenge in transition!
Current partners may feel a loss of control of “their
baby”
How do you become a part of leadership prior to
ownership?
Have an (open) discussion on culture
• People
• Finances
• Firm Identity
14
17. #AICPA_EDGE
(Re) Branding
How does a new look help facilitate ownership
change?
Important to marry the “old” brand with the “new”
brand!
Think about owner names when rebranding.
Have fun and look at your competitors’ brand
*(Good artists copy, great artists steal) – Austin
Kleon
17
19. #AICPA_EDGE
Completely your own
thing
Can always buy other
firms
Less “compromise”
on vision
Barriers to entry low
Easy to brand “on the
cheap”
May have no clients for
a while
Who is your backup?
Are you smart enough
to not screw up the tax
return?
You will likely be doing
ALL of the work
Should I Build a Firm?
19
20. #AICPA_EDGE
Plug into a firm you may
already be a part of
You have backup!
Risk is lower (but not
gone all the way)
Capitalize on internal
built in value
Built in client base
More time necessary to
transition vision and
culture
Still costly (buy out of
previous owner)
Potential internal
culture difficulties
Next Gen in Established Firm
20
22. #AICPA_EDGE
Run your firm like a Business
Firm ownership isn’t about just being a great CPA
Be thoughtful (and show it!) about…
• Cash flow
• Technology investments
• Payroll
• Caring about the clients
Be an example to your team
It’s not all about the firm, it’s about business:
22
23. #AICPA_EDGE
5 Points on Success in
Business
1. Work with Amazing People
2. Take on Big Challenges
3. Focus
4. Take Care of Yourself
5. Love those Close to You
https://medium.com/leadership-journal/formula-for-
entrepreneurial-success-ea0b02c504cd
23
25. #AICPA_EDGE
Available Tools
Get to know other CPAs, especially those outside
your local area
Find mentors – which doesn’t need to be only “old
gray hairs” (but those don’t hurt to have either!)
AICPA resources
• PCPS (Private Company Practice Section)
• Young CPA Initiatives
• Leadership Academy
State societies and CPA networks
25
26. #AICPA_EDGE
Take a minute and jot down 3 things:
1.) Are you in the right place for succession?
2.) What tools do you need to take advantage of?
3.) Who can we put you in touch with to help you?
Call to Action
26
27. #AICPA_EDGE
Questions – give us a shout!
Jason Deshayes, CPA
jason@butlercpa.com
505-821-0893
@taxguyjase
Michael Elliott, CPA
michael@dittrickcpa.com
440-834-9686
@GeaugaCPA
27