MANAGEMENT

Exit Planning Strategies: Prepare or Suffer the Consequences

Posted: November 19, 2015
Exit Planning Strategies: Prepare or Suffer the Consequences Thirty percent of all business failures are a result of improper exit planning that would have allowed a continuity of the business beyond the first-generation owner. The consequences of an exit failure and the potential opportunities for you, your clients or employer are too great to ignore.

It’s Never Too Early to Begin Planning Your Succession

Posted: September 25, 2015
It’s Never Too Early to Begin Planning Your Succession For many practitioners, planning for their succession is often viewed as an inconvenient but necessary medical procedure, if they ignore the problem long enough their hope is that it will eventually go away. The reality is that you can never launch a succession strategy too early, but conversely, you can easily wait too long.

Three Steps to Valuing Your Practice for Partner Retirements

Posted: July 24, 2015
Three Steps to Valuing Your Practice for Partner Retirements Firms are retiring and buying out partners at a pace never seen before and many of us are looking at our partner agreements and firm valuations for the first time in a long time. Have you structured the buyout provisions in a way that remains fair to all and affordable to the firm?

Exit Strategies for Owners of CPA Firms

Posted: July 1, 2015
Exit Strategies for Owners of CPA Firms What are your options when you decide to finally hang it up? This article explores the pros and cons of various exit strategies you may consider.

CPA Firms Face Considerable Succession Challenges

Posted: June 18, 2015
CPA Firms Face Considerable Succession Challenges Small, medium and large firms are having considerable challenges with succession according to a recent CPA Consultants' Alliance survey.

Selling Yourself to a Potential Buyer

Posted: September 4, 2014
Selling Yourself to a Potential Buyer Many small and sole practitioners put in a lifetime of hard work in building their practices, but they often don’t devote the time necessary to consider how to properly position and promote their firms when it’s time to sell. The more the seller prepares, the more successful the outcome is likely to be.

Upcoming Succession Planning Events

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NJCPA Member Benefits

  • Transition Advisors
    Transition AdvisorsLeading CPAs through transition with succession and mergers & acquisitions strategies.
  • CPASuccessionMatch
    CPASuccessionMatch.comLooking to sell your firm? Looking to grow or buy a firm? Look no furtherLearn more
  • NJCPA Classified Ads
    Whether you're looking to merge, be acquired or acquire another firm, post a cost-effective ad on the NJCPA website, in New Jersey CPA magazine, or both. Learn more
Managing your leadership legacy requires strategic foresight. Bring training in-house to gain perspective on the future of your organization and the steps you can take today to make it a successful transition.

Suggested on-site training: Contact Jim Hardenberg for details at 973-226-4494 x201 or jhardenberg@njcpa.org.