{"id":54976,"date":"2021-08-25t00:00:37","date_gmt":"2021-08-25t04:00:37","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?post_type=product&p=54976"},"modified":"2024-03-04t06:01:33","modified_gmt":"2024-03-04t11:01:33","slug":"how-to-bring-in-new-partners","status":"publish","type":"product","link":"\/\/www.g005e.com\/shop\/how-to-bring-in-new-partners\/","title":{"rendered":"how to bring in new partners: the guide for firms and future partners"},"content":{"rendered":"
<\/h6>\n
links to download your pdf will appear on the order confirmation screen after purchase and in your email receipt from auto-confirm@www.g005e.com.
\n<\/b>*<\/b> rosenberg pdfs are read-only \u2013 no printing, markup, reproduction, or further distribution. downloadable to five personal devices.<\/span><\/h6>\n
\n

bonus<\/span>:<\/em> \u00a0<\/span>proprietary toolkit<\/strong><\/span><\/h2>\n
\"\"
bonus toolkit:<\/strong> seven pdfs and five word docs<\/figcaption><\/figure>\n
instant download with your order (zip file)<\/em><\/span><\/h5>\n
this toolkit is designed to help you integrate best practices from “how to bring in new partners: a guide for firms and future partners” into your firm more quickly. it consists of two files: (1) printable pdfs and (2) editable word documents. print the pdfs to share during partner meetings and edit the word documents to suit your needs.<\/h5>\n

contents<\/strong><\/span><\/h4>\n
file 1 of 2: seven pdfs<\/h5>\n
    \n
  1. \n
      \n
    1. bringing in a new partner: thresholds and core competencies<\/li>\n
    2. basic role and expectations of partners<\/li>\n
    3. what partners are and are not entitled to<\/li>\n
    4. the 4 most important metrics used to manage cpa firm profits<\/li>\n
    5. benchmarking norms for cpa firms<\/li>\n
    6. new partner buy-in common practices<\/li>\n
    7. equity vs. non-equity partners<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n
      file 2 of 2: five word docs<\/h5>\n
        \n
      1. \n
          \n
        1. the new partner\u2019s job description<\/li>\n
        2. path to partner milestones checklist word doc<\/li>\n
        3. questions prospective partners should ask the firm<\/li>\n
        4. questions firms should ask prospective partners<\/li>\n
        5. partner evaluation and impact form<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n
          \n
          \n

          \u201crosenberg’s book is great. i will share it with my partners… a good tool in helping to educate some of the up-and-coming managers on what we are looking for in future partners.\u201d<\/strong><\/em><\/span><\/h2>\n

          \u2013 al kutchins, partner, kutchins, robbins & diamond ltd., chicago, il<\/em><\/h2>\n<\/blockquote>\n
          \n
          \"marc
          marc rosenberg, cpa<\/strong><\/figcaption><\/figure>\n

          eight critical questions.
          \nanswered<\/span><\/em>.<\/span><\/strong> <\/span><\/h2>\n
          as baby boomer partners approach retirement age, they are naturally focusing on who can take their place and eventually write their retirement checks.<\/h5>\n

          this monograph answers the key questions:<\/strong><\/span><\/h4>\n
            \n
          1. \n
            what are best practices in bringing in new partners?<\/em><\/h5>\n<\/li>\n
          2. \n
            how is the buy-in structured?<\/em><\/h5>\n<\/li>\n
          3. \n
            how do firms develop staff into partners, and<\/em><\/h5>\n<\/li>\n
          4. \n
            when are they ready?<\/em><\/h5>\n<\/li>\n
          5. \n
            should we have non-equity partners?<\/em><\/h5>\n<\/li>\n
          6. \n
            how do new partners get compensated?<\/em><\/h5>\n<\/li>\n
          7. \n
            what should the buy-in amount be?<\/em><\/h5>\n<\/li>\n
          8. \n
            how does all this work?<\/em><\/h5>\n<\/li>\n<\/ol>\n

            80% of firms never make it to the second generation.
            \nmake yours<\/span> among the 20% that do.<\/span><\/em><\/strong><\/span><\/h2>\n

            accounting firms worldwide are dealing with an enormously difficult challenge today\u2014one that has topped every firm\u2019s list of critical issues since the turn of the century and will continue to be a high priority for years to come. the vast majority of firms struggle with “it.”<\/p>\n

            failure to solve “it” causes hundreds of firms to merge out of existence every year.<\/p><\/blockquote>\n

            the \u201cit,” of course, is succession planning<\/strong><\/span>, with difficulties rooted in a perfect storm of causes:<\/p>\n