{"id":20557,"date":"2012-06-26t12:10:51","date_gmt":"2012-06-26t16:10:51","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=20557"},"modified":"2016-03-21t18:45:05","modified_gmt":"2016-03-21t22:45:05","slug":"why-accounting-firm-partners-are-popping-prozac-like-mms","status":"publish","type":"post","link":"\/\/www.g005e.com\/2012\/06\/26\/why-accounting-firm-partners-are-popping-prozac-like-mms\/","title":{"rendered":"why accounting firm partners are “popping prozac like m&m’s”"},"content":{"rendered":"

\"\"<\/a>four reasons behind the succession crisis: the perfect storm.<\/strong><\/p>\n

by marc rosenberg
\n<\/em>author of cpa firm succession planning: a perfect storm<\/a><\/em><\/p>\n

let me warn you in advance \u2013 reader discretion is advised.<\/p>\n

succession planning is a very sobering topic. during several retreats i have led, this issue has literally brought tears to partners\u2019 eyes. they start popping prozac like m&ms. why? because succession planning forces us to confront our own mortality. this is never easy \u2013 just ask your estate planning clients.<\/p>\n

more marc rosenberg:<\/strong><\/p>\n

the 15-item checklist for your next partner retreat<\/a>
\nfive new responsibilities for a new partner<\/a>
\nplanning a partner retreat for real results<\/a>
\nthe 10 biggest mistakes in reading map statistics<\/a>
\nhow cpa firms make money in turbulent times<\/a>
\nre-engineering partner accountability [video]<\/a>
\nwhy cpas aren\u2019t making more money [video]<\/a>
\nslow learners need not apply<\/a>
\n10 to-do\u2019s for a partner buyout<\/a><\/p>\n

before the recession, the aicpa\u2019s survey of firms\u2019 top practice management issues consistently reported succession planning as the no. 1 area of concern. more recently, recession-related issues such as bringing in new clients, client retention and fee pressure have pushed succession planning back to no. 5, but most industry observers regard it as the no. 1 <\/em>endemic problem in the cpa profession. and it\u2019s going to get worse before it gets better. read more →<\/a><\/p>\n