Developing and cultivating the next generation of leaders and owners is a crucial part of any healthy CPA practice. While succession in CPA firms has received a lot of attention – even to the level of anxiety – for a very long time, not enough firms have figured it all out.
Improving the viability of a firm’s succession requires ingraining a process of succession into the firm’s culture and day-to-day operations. In a recent issue of the Pennsylvania CPA Journal, Optimum Strategies' Ira Rosenbloom outlined three ways to live the succession process to help firms create a path for sustainability.
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