Business development

There are many myths flying around the internet about how niching down can harm your firm. They're false.

If you want to grow, come up with a goal of where you would like to be in five years, and then decide on a first step toward that goal.

Is a legacy firm one that follows tradition, or one that's interested in maintaining its legacy for years to come?

Accounting firms have untapped potential in their existing client base that can help them reach their growth KPIs.

Working on any one of them will make life easier and better at your firm.

Here's what accountants and tax professionals need to prepare for next year.

Have you ever looked at the websites of the top five CPA firms in your market and observed what similar services they provide?

In the current business landscape, small- and medium-sized practices face an array of challenges, including operational complexities, competitive markets and ever-evolving regulations.

Public accounting is rapidly moving into the future, and anyone who doesn't realize this will fail to remain competitive or viable.

Having a large number of positive reviews can often make the difference between winning new clients or not.

Strategic growth requires a plan, execution and something new to present to potential clients.

The business model of a CPA firm has shifted, and many firms are still not acknowledging that.

The median growth rate hit 9.1% in net revenue in fiscal year 2022, according to a new survey, over double the 4.2% growth rate of fiscal year 2020.

The Top 10 Firm reported Tuesday it reached a record annual revenue of $2.4 billion for the fiscal year ending July 31, 2023.

Starting a firm is an opportunity and should not be treated as a chore or something that you have no choice in what you are doing.

When inflation is high, industry professionals turn to inflation accounting strategies to increase accuracy in financial analysis and reporting.

The bevy of CPA firm M&A in recent years has changed the size and composition of firms in the market.

The Other 96 are surpassing the growth of the Big Four in revenues per employee.

Consider the pros and cons of starting your own firm instead of buying one.

Get involved in your clients' industries, professional societies and charitable organizations, and write and make presentations to become recognized as a mover, doer and expert.