Top Challenges for CPA Firms
Source: CPA Leadership Institute Practice Management Survey
Here are the results of our latest email survey about CPA firm practice management.
What are the top three most significant challenges you foresee for CPA firms in 2016?
| Managing the challenges of partner, leadership and management succession | 72.7% |
| Team member retention and engagement | 65.2% |
| Finding and on-boarding top staff in the continuing tight labor market | 65.2% |
| Achieving organic growth | 31.8% |
| Adding the necessary services to stay competitive | 28.8% |
| Dealing with the outcome of over-selling, out-stripping their own capacity, not adding the needed people, and putting off dealing with performance issues -- may result in significant staff turnover after the spring busy season | 15.2% |
For the complete report, click here.
From CPA Leadership Institute Practice Management Survey, December 2015.