and the 7 other key ingredients in the cpa firm success formula.
by august j. aquila
great partnerships are like great love affairs. there needs to be chemistry. after more than 36 years of consulting with large and small professional services firms, i’ve seen all sorts of chemistry. some partnerships were almost toxic, most were tolerable and a few were great. let me share my observations about great partnerships and how they got that way.
more on great partnerships: are you driving your best partners crazy? | why ‘walking together’ is so important | the 4 best ways to use pre-retirement partners | 7 warning signs for your firm | 6 ways to pay partners | work together better in 11 steps | the checks and balances your firm needs | how to build a better firm through teamwork | drop politics, be accountable |
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many new firms, and some longtime firms, unfortunately, don’t give a lot of thought to “what makes a great partnership?” their main concern is survival. but the sooner a firm starts focusing on what makes it a great partnership, the better off it will be.
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