good m&a deals start with strong leadership

firms must act decisively or lose opportunities.

by joel sinkin and terrence putney

we work with hundreds of cpa firms across the country primarily assisting them with m & a of their firms. firms that are successful with using m & a as a strategy to grow have to be agile and open to change. one of our mantras is if you want to stay the same, we can’t help you.

the characteristics of the firms we work with that are the most successful are found in their leadership. the most agile firms have strong leaders that are able and willing to make informed decisions quickly. firms that cannot make decisions quickly find that m & a opportunities pass them by.

strong leadership is derived from several things, including:      read more →

john ezell: the new m&a race for clients

remember when it used to be about a staff shortage?

john r ezell
john r. ezell

but when we asked john r. ezell, the veteran accounting firm mergers and acquisitions broker, about key trends for local firms, this is what he said:

john r. ezell, cpa
prohorizons network, inc

there is still a lot of uncertainty in the economy right now.

access to clients is the number one driver behind most of the merger and acquisition activity we are seeing.  a broader client base means greater client diversity which translates to more stability for an accounting firm.

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five steps to achieving partner unity

litmus test: do you believe you can achieve more together than individually?

august aquila, ceo of aquila global advisors, a full service consulting firm serving the accounting profession.
august aquila, ceo of aquila global advisors, a full service consulting firm serving the accounting profession.

by august aquila
aquilaadvisors.com

everyone knows that partner unity is one of the keys for success. and we know the benefits of having greater partner unity than the next firm – better client service, less employee turnover, superior profitability.

the problem than many firms face is this – they don’t know how to create partner unity.

first, let’s define what partner unity is not.

  • all partners are not clones of each other
  • all partners do not have the same skill sets
  • all partners are not at the same stage of their lives
  • all partners do not agree on how the firm should be managed
  • all partners are not “best” friends.

now, let’s define what unity is. read more →

10 tech mega-trends changing the way you’ll do business

… in a new world of connectivity.

by rick telberg

as technology reshapes the world, accounting firms and finance executives must aggressively reshape their business strategies and their own corporate hierarchies, according to a new manifesto from leading thinkers at mckinsey & company.

given mckinsey’s “reach and influence in the senior executive community” (as even a competing gartner analyst admits), finance and accounting professionals need to know the firm’s new list of “10 tech-enabled business trends to watch.” pay attention: your boss or your client (or both) could quiz you about any or all of these hot topics.

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