{"id":24491,"date":"2012-11-24t09:22:06","date_gmt":"2012-11-24t14:22:06","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=24491"},"modified":"2020-05-01t20:22:48","modified_gmt":"2020-05-02t00:22:48","slug":"19-ways-to-improve-accounting-firm-profitability","status":"publish","type":"post","link":"\/\/www.g005e.com\/2012\/11\/24\/19-ways-to-improve-accounting-firm-profitability\/","title":{"rendered":"19 ways to improve accounting firm profitability"},"content":{"rendered":"

\u00a0only 19?<\/strong><\/p>\n

by marc rosenberg, cpa
\n<\/em>author of \u201cwhat really makes cpa firms profitable?\u201d<\/a><\/em><\/p>\n

partners are generally paid a lot more than firm administrators. for good reasons.<\/p>\n

the marketplace has determined that doing what a partner does (bringing in business, possessing high levels of technical expertise, managing client relationships and managing the firm) commands a higher level of compensation than doing what a firm administrator does.<\/p>\n

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related: <\/strong>de-bunking the myth about niche marketing for tax and accounting firms<\/a> \u2022\u00a0<\/strong>practice development is no longer an optional activity<\/a> \u2022\u00a010 good ways the achieve partner accountability<\/a> \u2022 pick your partners right to begin with<\/a>\u00a0 \u2022\u00a0 the first nine questions your partner team needs to embrace for optimal profitability<\/a>\u00a0 \u2022 profitability and the value of strategic thinking<\/a>\u00a0 \u2022 the five essential building blocks for creating a strong accounting firm<\/a> \u2022 the seven signs of great leadership in a cpa firm<\/a> \u2022 compensation issues for the new managing partner<\/a>\u00a0 \u2022<\/p>\n<\/blockquote>\n

therefore, it makes no sense to pay a partner to do an administrator\u2019s work. besides, most partners aren\u2019t as good at administration as trained, experienced administrators are.<\/p>\n

read more →<\/a><\/p>\n