The Funny Thing About Advice

…is that the perceived quality of- and the results produced by- a bit of advice depends more on the recipient than the advisor. There are those clients that don’t recognize good advice even when it slaps them in the face.  You as the advisor feel frustrated and sad that you can’t help your client.  A […]

The Efficient Accounting Practice

There is nothing so useless as doing efficiently that which should not be done at all. Peter Drucker   In the best practices, owners surround themselves with excellent staff. And in nearly every case, that excellence is a learned—and earned—attribute, not just a happy coincidence. Spend time (and money when necessary) developing your staff. You […]

Due Diligence Phases in an Accounting Practice Sale

Due Diligence in an accounting practice sale always varies from buyer to buyer, but I’ve talked with buyers who like to start the purchase process something like this:  “Hello, my name is Tom.  It’s very nice to meet you, can I please see your top 10 client files and your tax returns from the last […]