{"id":6200,"date":"2010-03-06t07:42:38","date_gmt":"2010-03-06t11:42:38","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=6200"},"modified":"2015-10-23t03:33:50","modified_gmt":"2015-10-23t07:33:50","slug":"local-firms-feel-fee-pressure-and-now-big-firm-competition","status":"publish","type":"post","link":"\/\/www.g005e.com\/2010\/03\/06\/local-firms-feel-fee-pressure-and-now-big-firm-competition\/","title":{"rendered":"local firms feel fee pressure. and now: big firm competition"},"content":{"rendered":"

like many cpas across the nation,\u00a0 firms in toledo, ohio, are reporting continued collection problems.<\/strong><\/p>\n

and now, on top of that, many small firms are getting competition from larger firms moving down-market at cut-rate prices<\/p>\n

\u201cbusiness has been good, but everything is getting stretched out,\u201d said chuck mira, a partner in mira + kolena in toledo, ohio. \u201ccash is backed up through the system. \u201cwe would like to see national banks open up credit lines.\u201d<\/p>\n

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price<\/figcaption><\/figure>\n

j. clarke price, president of the ohio society of cpas, said, \u201ci have heard around the state that 30-day clients went to 60 days or even 90.<\/p>\n

\u201ccollection is more of an issue, and some clients are saying, \u2018you’ve got to work with me on the fees.’\u201d<\/p>\n

and for the first time in years, clarke said, locally owned cpa firms are feeling competition from big national firms trying to pick up smaller clients.<\/p>\n

via toledoblade.com<\/a>.<\/em><\/p>\n