{"id":109821,"date":"2023-03-30t12:40:03","date_gmt":"2023-03-30t16:40:03","guid":{"rendered":"\/\/www.g005e.com\/?p=109821"},"modified":"2023-04-21t14:00:59","modified_gmt":"2023-04-21t18:00:59","slug":"the-business-side-of-cpa-firms","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/03\/30\/the-business-side-of-cpa-firms\/","title":{"rendered":"the business side of cpa firms"},"content":{"rendered":"
<\/a><\/p>\n four ways to increase revenue. four reasons that employees should care.<\/strong><\/p>\n by marc rosenberg<\/i> future cpa firm leaders must have an understanding of how their firm operates as a business, including how it makes money and what holds back profitability. with this knowledge, team members will make better decisions about how they spend their time and perform their work.<\/p>\n more: <\/b>public accounting as a business, 101<\/a> | nuts and bolts of mentoring staff<\/a> | nine ways to measure staff performance on the path to partner<\/a> | sixteen duties of a partner<\/a> | five people to keep out of partnership<\/a> all businesses have economic structures unique to their industries:<\/p>\n the typical cpa firm is a low-volume, high-priced business<\/strong>, with a relatively high profit margin (generally 30-45 percent of revenue).
\nhow to bring in new partners<\/i><\/a><\/p>\n
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