{"id":49851,"date":"2016-09-01t05:00:06","date_gmt":"2016-09-01t09:00:06","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=49851"},"modified":"2016-10-08t12:53:43","modified_gmt":"2016-10-08t16:53:43","slug":"net-profits-much","status":"publish","type":"post","link":"\/\/www.g005e.com\/2016\/09\/01\/net-profits-much\/","title":{"rendered":"net profits: how much to whom?"},"content":{"rendered":"

\"chart<\/a><\/i>and the 5 steps to take to get started.<\/strong><\/p>\n

by domenick j. esposito<\/i>
\n8 steps to great<\/i><\/a><\/p>\n

let\u2019s say your firm has five offices that handle audit\/tax compliance services and two advisory and consulting lines of business (tax consulting and management consulting). let\u2019s refer to them as business units and let\u2019s also say that net profits were generated as in the chart at right:<\/p>\n

more on strategic planning: <\/b>cpa firm partner performance: different activities, different metrics<\/a> | 6 measures of partner performance<\/a> | is hr ready for your partner pipeline?<\/a> | is your pyramid upside down?<\/a> | seizing the $10 trillion opportunity<\/a> | learning to \u2018run with the big dogs\u2019<\/a>
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let\u2019s keep the example simple. let\u2019s assume that each of the seven business units is self-sustaining, and that certain high-performing business units do not have to \u201cgive\u201d profits to others and that lower-performing business units do not have to “take\u201d profit from others.
\n read more →<\/a><\/p>\n