The #1 issue at CPA firms today is succession planning. Baby-boomer partners are getting close to retirement, but there is a shortage of partner-potentials at firms.

We have extensive experience in the following aspects of succession planning:

• What exit strategy should we pursue: passing the firm down to younger partners, merger or sale?
• If a merger or a sale makes the most sense, how should this be implemented?
• When do the partners plan to retire?
• Can the firm’s younger partners buy out the older partners?
• How can we develop our staff into partner material?
• How should we structure our partner buy-out plan?
• What are the criteria for making partner?
• How to bring in a new partner (ownership, buy-in, compensation, etc.)