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Source: Journal of Accountancy
- Look for "virtual assistants," on Google. They can do such things as manage your website, help prepare newsletters, and much more.
- Are you (or your client) an entrepreneur? Entrepreneurs:
- Are optimistic and persistent.
- Know that when they experience a failure, they will be able to do better on the next opportunity.
- Are never complacent.
- Think big.
- Take calculated risks, not unrealistic ones.
- Forty-five percent of companies experienced fraud in 2004.
- Half the bankruptcies in 2001 were caused by disability. CPAs are at higher risk because of the nature of their practices.
- Forty percent of employees are planning to look for new jobs this year. Twenty percent are already doing so. All want higher compensation or better benefits, and 44 percent are looking for better career opportunities.
- The typical CPA sole practitioner is male, 56-years-old, and has been in practice for 22 years. He has three full-time employees, one or two part-time, and two or three during busy season.
From Journal of Accountancy, April 2006.
For the complete article, click on the following link: http://www.aicpa.org/pubs/jofa/apr2006/topline.htm . |
