Transforming: Tales of Business Evolution

“Succession is easy. It’s a byproduct of running your business well.” Hear this and more practical information as the Succession Institute’s Bill Reeb, CPA and Tommye Barre, CPA discuss the high-level results from the PCPS and Succession Institute Succession Planning Survey. Resources mentioned in this episode: Succession Planning Resource Center Succession Planning Survey Webcasts PCPS Networking Groups Top Issues Survey Growing a Practice in a Pandemic Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links. This episode is brought to you by the AICPA’s Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, check out www.aicpa.org/pcps or sign up for a free web tour. To learn more about Bill and Tommye, please visit the Succession Institute’s website at www.successioninstitute.com.

Does the thought of starting a new business line keep you up at night? Are you trying to grow your firm but don’t know where to start? Hear how REDW’s Steve Cogan, CPA, managing principal, and Mike Allen, CPA, principal, grew the firm by listening to their clients’ needs and expanding their service offerings. Resources mentioned in this episode: Trusted Client Advisor Toolbox Creating a One Page Strategic Plan Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links. This episode is brought to you by the AICPA’s Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, check out our membership information or sign up for a free web tour. To learn more about REDW, please visit their website. Steve welcomes phone calls at (505) 998-3256.

Does the thought of speaking in public cause you stress?  Do you want to get more involved in the profession but don’t know where to start? Hear how Luke Selvig, CPA and Manager with Boyum Barenscheer went from a reluctant, after work networker to committee chair and speaking in front of hundreds of people. Resources mentioned in this episode: Firm Competency Model PCPS Firm inMotion e-Toolkit Networking Policy and Procedures Template Networking Preparation and Tips Relationship-Building Tracker and Report Out PCPS Networking Groups Note: If your podcast app does not hyperlink to resources, visit aicpasmallfirm.libsyn.com to access show notes with direct links. This episode is brought to you by the AICPA’s Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, check out our membership information or sign up for a free web tour. To learn more about Boyum Barenscheer, please visit their website or read their blog. Attend Luke's session, "Step out of your comfort zone to achieve your maximum potential", at ENGAGE. Follow the Small Firm Philosophy podcast at Libsyn.

Do you have difficulty finding, retaining, and developing ethnically diverse talent? The PCPS George Willie Ethnically Diverse Student Scholarship & Internship connects PCPS member firms with ethnically diverse accounting students. Tairu Jozaitus, Intern and Michael Jamison, CPA,  President -  OnTarget CPA, are current participants. Hear their experiences and how diversity initiatives are being advanced through this scholarship program. Learn more about the George Willie Ethnically Diverse Student Scholarship & Internship. To learn more about PCPS, check out the membership information or sign up for a free web tour. To learn more about OnTarget CPA, please visit their website or read their blog.

Jacquelyn Tracy, CPA, CGMA Co-Founder of Mandel & Tracy, LLC is the Chair of the AICPA's Women's Initiatives Executive Committee (WIEC). Listen as she discusses available resources and toolkits for supporting women's initiatives and the positive impact they have on a firm.    Resources mentioned in the show: Supporting You in Women’s Initiatives Start A Women’s Initiative Program Connect with Women in the Profession CPA Firm Sponsorship Success Toolkit Women’s Global Leadership Summit Women’s Initiatives Executive Committee To learn more about PCPS, check out the membership information or sign up for a free web tour. 

How did 2020 small firm net revenue compare to 2019? How are small firms adjusting their real estate footprint post-COVID? Are small firms planning to decrease or increase hiring in 2021? Hear the answers to these questions and others as Carl Peterson, CPA, CGMA, the AICPA's Vice President of Small Firms, provides the results to the January 2021 AICPA pulse survey.  PCPS resources mentioned in this episode: Office Reopening Resources Client Disengagement Letter Succession Planning Resource Center Small Firm Update Webcasts Small Firm Solutions Newsletter To learn more about PCPS, check out the membership information or sign up for a free web tour. To learn more about Carl, read his bio or contact him directly by email at carl.peterson@aicpa-cima.com or at 651.341.6377. 

David Peters, CPA, CFP is the Founder and Owner of Richmond, VA-based David Peters Financial Group. Hear how David and his firm’s multiple service offerings has developed closer and more meaningful client relationships. PCPS resources mentioned in this episode: From Administrative Assistant to COO Manager Moving up to Partner To learn more about PCPS, sign up for a free web tour. To learn more about David, please visit David Peters Financial Group.

Amanda Gessner, CPA, CFE is a Manager with North Dakota-based Schmitz-Holmstrom, CPA (S-H). Instead of just surviving the pandemic, Amanda and S-H are in growth mode. Hear how S-H is growing their practice, both organically AND through an acquisition, during a global pandemic. To learn more about firm mergers, valuation, and more, please visit the PCPS Succession Planning Guide & Tools section. To learn more about PCPS and the customizable tools and resources we develop for firms, sign up for a free web tour! Schmitz-Holmstrom, CPA Amanda Gessner, CPA, CFE

When Victor Amaya, CPA and his Partner founded their practice, they embraced the value pricing model. Hear how they challenged the traditional CPA firm model and built a practice based on transparency and open client communication.

Amy Swartzfager, CPA, MBA was hired as a Manager by Maloney, Reed, Scarpitti & Company, LLP (MRS) with the intention of training her as Partner. Hear how Amy navigates her career path and MRS follows their succession plan. About Maloney, Reed, Scarpitti and Co. Maloney, Reed, Scarpitti and Co.