Practice Management

Have you ever attended an event where some captain of industry was giving a keynote presentation and you thought to yourself if you could only spend some one-on-one time with them, you could discover the key drivers that made them successful?

Aggressive business development and a heavy investment in marketing and sales initiatives has proven to be a successful strategy for The Bonadio Group, the second-fastest growing firm in the Mid-Atlantic region outside of New York City, and the ninth-fastest growing firm in Accounting Today's 2010 Top 100 Firms ranking.

Jerry Topp, managing partner and chief executive officer of Midwest regional firm Eide Bailly, attributes the firm's success in large part to its centralized management and the unique culture generated by its training programs.

Likening the varying facets that comprise the corporate culture at Denver-based Ehrhardt Keefe Steiner & Hottman to the makeup of a tree transcends mere arboreal allusion.

Louisiana CPA firm Postlethwaite & Netterville has been growing - especially in the past year-and-a-half, as the Baton Rouge-based firm expanded its operations, acquiring Lafayette-based Veazey & Co. in January 2009, and the audit and tax practices of New Orleans-based Legier & Materne in December 2008.

Senate Finance Committee Chairman Max Baucus, D-Mont., plans to convene a hearing to consider White House proposals for reducing waste and overpayments in the unemployment insurance program.

ParenteBeard has introduced an Emerging Growth Business Services Practice to service startup and early-stage companies.

Texas accounting firm Weaver has merged with Elms Faris, expanding the Forth Worth-based firm to the Midland/Odessa market.

The Treasury Department released new guidelines for applying for tax credits to fund promising new therapies, with small medical research firms eligible to receive up to $5 million each out of a $1 billion pie.

Tax Credit Company president Brandon Edwards calls the HIRE Act a “game changer” for mid-market and smaller companies that now can take advantage of the hiring incentive program.