MANAGEMENT

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?

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.

Five Steps Young Professionals Can Take to Help Ensure They Are Part of the Firm’s Succession Plan

Posted: August 29, 2014
Five Steps Young Professionals Can Take to Help Ensure They Are Part of the Firm’s Succession Plan If you dream of occupying a corner office at your firm, making important strategic and financial decisions, and leading a team of accounting professionals toward growth and success, then it’s important to make sure you are a part of your firm’s succession plan. Here are five ways to help make certain your name is brought up as a viable firm partner candidate in the future.

Five Core Tenets of Exit Planning

Posted: May 27, 2014
Five Core Tenets of Exit Planning The succession or exit by a business owner is usually the single largest financial transaction in their lifetime with a lot at risk. A true and properly prepared exit plan offers the following five core tenets for an owner.

Admitting New Partners – Succession Best Practices

Posted: January 13, 2014
Admitting New Partners – Succession Best Practices A key part of a succession plan should be focused around how you bring new partners into the firm to replace the “old guys.”


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.