{"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":"<p><strong>\u00a0only 19?<\/strong><\/p>\n<p><em>by marc rosenberg, cpa<br \/>\n<\/em><em>author of <a href=\"http:\/\/baystreetgroup.com\/store\/rosenberg-profit\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u201cwhat really makes cpa firms profitable?\u201d<\/a><\/em><\/p>\n<p>partners are generally paid a lot more than firm administrators. for good reasons.<\/p>\n<p>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<blockquote>\n<p style=\"padding-left: 30px;\"><strong>related: <\/strong><a title=\"permanent link to: de-bunking the myth about niche marketing for tax and accounting firms\" href=\"\/\/www.g005e.com\/2012\/11\/17\/de-bunking-the-myth-about-niche-marketing-for-tax-and-accounting-firms\/\">de-bunking the myth about niche marketing for tax and accounting firms<\/a><strong> \u2022\u00a0<\/strong><a title=\"permanent link to: practice development is no longer optional\" href=\"\/\/www.g005e.com\/2012\/11\/08\/practice-development-is-no-longer-optional\/\">practice development is no longer an optional activity<\/a> \u2022\u00a0<a title=\"permanent link to 10 good ways the achieve partner accountability\" href=\"\/\/www.g005e.com\/2012\/11\/01\/10-good-ways-the-achieve-partner-accountability\/\" rel=\"bookmark\">10 good ways the achieve partner accountability<\/a> \u2022 <a title=\"permanent link to pick your partners right to begin with\" href=\"\/\/www.g005e.com\/2012\/10\/18\/pick-your-partners-right-to-begin-with\/\">pick your partners right to begin with<\/a>\u00a0 \u2022\u00a0 <a title=\"permanent link to the first nine questions your partner team needs to embrace for optimal profitability\" href=\"\/\/www.g005e.com\/2012\/10\/13\/the-first-nine-questions-your-partner-team-needs-to-embrace-for-optimal-profitability\/\">the first nine questions your partner team needs to embrace for optimal profitability<\/a>\u00a0 \u2022 <a title=\"permanent link to profitability and the value of strategic thinking\" href=\"\/\/www.g005e.com\/2012\/10\/06\/profitability-and-the-value-of-strategic-thinking\/\">profitability and the value of strategic thinking<\/a>\u00a0 \u2022 <a title=\"permanent link to the five essential building blocks for creating a strong accounting firm\" href=\"\/\/www.g005e.com\/2012\/09\/28\/the-five-essential-building-blocks-for-creating-a-strong-accounting-firm\/\">the five essential building blocks for creating a strong accounting firm<\/a> \u2022 <a title=\"permanent link to the seven signs of great leadership in a cpa firm\" href=\"\/\/www.g005e.com\/2012\/09\/20\/the-seven-signs-of-great-leadership-in-a-cpa-firm\/\">the seven signs of great leadership in a cpa firm<\/a> \u2022 <a title=\"permanent link to: compensation issues for the new managing partner\" href=\"\/\/www.g005e.com\/2012\/08\/02\/after-the-baby-boom-a-new-generation-of-managing-partner-takes-over\/\">compensation issues for the new managing partner<\/a>\u00a0 \u2022<\/p>\n<\/blockquote>\n<p>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<p> <a href=\"\/\/www.g005e.com\/2012\/11\/24\/19-ways-to-improve-accounting-firm-profitability\/#more-24491\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>\u00a0only 19?<\/strong><\/p>\n<p><em>by marc rosenberg, cpa<br \/>\n<\/em><em>author of <a href=\"http:\/\/baystreetgroup.com\/store\/rosenberg-profit\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u201cwhat really makes cpa firms profitable?\u201d<\/a><\/em><\/p>\n<p>partners are generally paid a lot more than firm administrators. for good reasons.<\/p>\n<p>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<blockquote>\n<p style=\"padding-left: 30px;\"><strong>related: <\/strong><a title=\"permanent link to: de-bunking the myth about niche marketing for tax and accounting firms\" href=\"\/\/www.g005e.com\/2012\/11\/17\/de-bunking-the-myth-about-niche-marketing-for-tax-and-accounting-firms\/\">de-bunking the myth about niche marketing for tax and accounting firms<\/a><strong> \u2022\u00a0<\/strong><a title=\"permanent link to: practice development is no longer optional\" href=\"\/\/www.g005e.com\/2012\/11\/08\/practice-development-is-no-longer-optional\/\">practice development is no longer an optional activity<\/a> \u2022\u00a0<a title=\"permanent link to 10 good ways the achieve partner accountability\" href=\"\/\/www.g005e.com\/2012\/11\/01\/10-good-ways-the-achieve-partner-accountability\/\" rel=\"bookmark\">10 good ways the achieve partner accountability<\/a> \u2022 <a title=\"permanent link to pick your partners right to begin with\" href=\"\/\/www.g005e.com\/2012\/10\/18\/pick-your-partners-right-to-begin-with\/\">pick your partners right to begin with<\/a>\u00a0 \u2022\u00a0 <a title=\"permanent link to the first nine questions your partner team needs to embrace for optimal profitability\" href=\"\/\/www.g005e.com\/2012\/10\/13\/the-first-nine-questions-your-partner-team-needs-to-embrace-for-optimal-profitability\/\">the first nine questions your partner team needs to embrace for optimal profitability<\/a>\u00a0 \u2022 <a title=\"permanent link to profitability and the value of strategic thinking\" href=\"\/\/www.g005e.com\/2012\/10\/06\/profitability-and-the-value-of-strategic-thinking\/\">profitability and the value of strategic thinking<\/a>\u00a0 \u2022 <a title=\"permanent link to the five essential building blocks for creating a strong accounting firm\" href=\"\/\/www.g005e.com\/2012\/09\/28\/the-five-essential-building-blocks-for-creating-a-strong-accounting-firm\/\">the five essential building blocks for creating a strong accounting firm<\/a> \u2022 <a title=\"permanent link to the seven signs of great leadership in a cpa firm\" href=\"\/\/www.g005e.com\/2012\/09\/20\/the-seven-signs-of-great-leadership-in-a-cpa-firm\/\">the seven signs of great leadership in a cpa firm<\/a> \u2022 <a title=\"permanent link to: compensation issues for the new managing partner\" href=\"\/\/www.g005e.com\/2012\/08\/02\/after-the-baby-boom-a-new-generation-of-managing-partner-takes-over\/\">compensation issues for the new managing partner<\/a>\u00a0 \u2022<\/p>\n<\/blockquote>\n<p>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<p> <a href=\"\/\/www.g005e.com\/2012\/11\/24\/19-ways-to-improve-accounting-firm-profitability\/#more-24491\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"author":1339,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1908,5,3120],"tags":[93,691],"class_list":["post-24491","post","type-post","status-publish","format-standard","hentry","category-management","category-outlook","category-pro-member-exclusive","tag-management","tag-profitability","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- this site is optimized with the yoast seo plugin v24.0 - 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