{"id":38548,"date":"2015-01-15t05:00:05","date_gmt":"2015-01-15t10:00:05","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=38548"},"modified":"2024-08-14t09:36:42","modified_gmt":"2024-08-14t13:36:42","slug":"eat-what-you-kill-then-maybe-book-of-business-is-for-you","status":"publish","type":"post","link":"\/\/www.g005e.com\/2015\/01\/15\/eat-what-you-kill-then-maybe-book-of-business-is-for-you\/","title":{"rendered":"eat what you kill? then maybe &#8216;book of business&#8217; is for you"},"content":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-38619\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780-290x193.jpg\" alt=\"a big golden tiger looking out for any disturbance during his meal\" width=\"290\" height=\"193\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780-290x193.jpg 290w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780-590x393.jpg 590w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780-190x126.jpg 190w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780.jpg 1600w\" sizes=\"auto, (max-width: 290px) 100vw, 290px\" \/><\/a>three common and painful scenarios.<\/strong><\/p>\n<p><i>by marc rosenberg<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/retirement-buyout\/\"><i>retirements &amp; buyouts<\/i><\/a><strong><br \/>\n<\/strong><\/p>\n<p>the book of business method of allocating goodwill benefits is most often used by \u201ceat what you kill\u201d firms. essentially, retiring partners \u201csell\u201d their client bases back to the firm.<\/p>\n<p style=\"padding-left: 30px\"><b>more on retirement: <\/b><a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/v5n9tuacerq\/?utm_source=feedburner&amp;utm_medium=email\">the multiple of compensation method, fully explained <\/a>| <a href=\"\/\/www.g005e.com\/2015\/01\/01\/the-ins-and-outs-of-aav-for-goodwill\/\">the ins and outs of aav for goodwill<\/a> | <a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/zzfbrxo1zqg\/?utm_source=feedburner&amp;utm_medium=email\">5 points to consider when paying out goodwill<\/a> | <a href=\"\/\/www.g005e.com\/2014\/12\/18\/clients-retirement-rosenberg\/\">clients leaving? time to reduce retirement benefits <\/a>| <a href=\"\/\/www.g005e.com\/2014\/12\/04\/how-to-set-terms-and-limits-for-goodwill-payouts\/\">how to set terms and limits for goodwill payouts<\/a> | <a href=\"\/\/www.g005e.com\/2014\/11\/27\/4-ways-to-decide-how-to-pay-out-capital\/\">4 ways to decide how to pay out capital<\/a> | <a href=\"\/\/www.g005e.com\/2014\/11\/20\/partners-may-balk-at-guaranteeing-retirement-obligations\/\">partners may balk at guaranteeing retirement obligations<\/a><\/p>\n<p>in almost all cases, the retired partner gets paid only to the extent that the firm retains her clients throughout her payout term.<\/p>\n<p>the major flaw with this method is that a partner will never, ever delegate or transfer clients, for the good of the firm, to other firm members because this would lead directly to reduced retirement benefits. <a href=\"\/\/www.g005e.com\/2015\/01\/15\/eat-what-you-kill-then-maybe-book-of-business-is-for-you\/#more-38548\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-38619\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780-290x193.jpg\" alt=\"a big golden tiger looking out for any disturbance during his meal\" width=\"290\" height=\"193\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780-290x193.jpg 290w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780-590x393.jpg 590w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780-190x126.jpg 190w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/01\/tigereating_dollarphotoclub_51567780.jpg 1600w\" sizes=\"auto, (max-width: 290px) 100vw, 290px\" \/><\/a>three common and painful scenarios.<\/strong><\/p>\n<p><i>by marc rosenberg<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/retirement-buyout\/\"><i>retirements &amp; buyouts<\/i><\/a><strong><br \/>\n<\/strong><\/p>\n<p>the book of business method of allocating goodwill benefits is most often used by \u201ceat what you kill\u201d firms. essentially, retiring partners \u201csell\u201d their client bases back to the firm.<\/p>\n<p style=\"padding-left: 30px\"><b>more on retirement: <\/b><a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/v5n9tuacerq\/?utm_source=feedburner&amp;utm_medium=email\">the multiple of compensation method, fully explained <\/a>| <a href=\"\/\/www.g005e.com\/2015\/01\/01\/the-ins-and-outs-of-aav-for-goodwill\/\">the ins and outs of aav for goodwill<\/a> | <a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/zzfbrxo1zqg\/?utm_source=feedburner&amp;utm_medium=email\">5 points to consider when paying out goodwill<\/a> | <a href=\"\/\/www.g005e.com\/2014\/12\/18\/clients-retirement-rosenberg\/\">clients leaving? time to reduce retirement benefits <\/a>| <a href=\"\/\/www.g005e.com\/2014\/12\/04\/how-to-set-terms-and-limits-for-goodwill-payouts\/\">how to set terms and limits for goodwill payouts<\/a> | <a href=\"\/\/www.g005e.com\/2014\/11\/27\/4-ways-to-decide-how-to-pay-out-capital\/\">4 ways to decide how to pay out capital<\/a> | <a href=\"\/\/www.g005e.com\/2014\/11\/20\/partners-may-balk-at-guaranteeing-retirement-obligations\/\">partners may balk at guaranteeing retirement obligations<\/a><\/p>\n<p>in almost all cases, the retired partner gets paid only to the extent that the firm retains her clients throughout her payout term.<\/p>\n<p>the major flaw with this method is that a partner will never, ever delegate or transfer clients, for the good of the firm, to other firm members because this would lead directly to reduced retirement benefits. <a href=\"\/\/www.g005e.com\/2015\/01\/15\/eat-what-you-kill-then-maybe-book-of-business-is-for-you\/#more-38548\" 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":[2374,3120,2298,2266],"tags":[2102,2429,86,572,62,38,57,1416],"class_list":["post-38548","post","type-post","status-publish","format-standard","hentry","category-pay-compensation","category-pro-member-exclusive","category-succession","category-partner","tag-buyout","tag-earnings","tag-partner","tag-pay","tag-retirement","tag-salary","tag-succession","tag-wages","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- this site is optimized with the yoast seo plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>eat what you kill? 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