Executing Mergers & Acquisitions (M&A) is a very significant event for many businesses today, especially in light of rising global competition, expanding industry trends, technology disruption and the need to transition to new business models. Executives recognize that business success is inextricably linked to creating strategies to deal with economic and environmental changes. Many firms […]

The repercussions of the COVID-19 pandemic are unprecedented and have shaken up lives worldwide, particularly in the different organizations. It significantly impacted labor markets, economies, businesses, and worldwide supply networks, resulting in widespread organizational disruptions and financial difficulties as businesses struggled to fund essential operational expenditures. The government has responded to such market volatility and […]

Mergers and acquisitions (M&A) are growing as a result of business restructuring, reorganization, and globalization. It has been a popular approach for businesses looking to develop and strengthen their market position while also improving their overall health and bottom line. Although the number of M&A activities varies each year, growing through this approach has been […]

  During these unprecedented times, firms have had to acclimate to new strategies, adapting creatively to the changing environment. One strategy that has recently gained momentum in the business world is Mergers and Acquisitions (M&A). Executives have found that successful M&A activity can provide greater financial strength and growth to their firms. For those firms […]

In today’s reality, higher education institutions (HEIs) are facing unprecedented challenges, owing to substantial causes such as the rising overhead expenses for a physical college or university, increased fiscal and enrollment uncertainty as a result of the COVID-19 pandemic, new academic pathways (e.g. certificate programs), and technological innovation. The aforementioned factors have led HEIs to […]

  Every executive loves to see growth, it is a primary indicator of success and a sign that strategies, business processes, workflow, and management in an organization are moving in an upward direction overall. Generally, when starting up a business, the goal is to experience, growth and expansion which would eventually catapult each organization’s operation […]

In this second part of our series on “Succession Planning: Passing and Receiving the Baton,” we will go in-depth in our discussion of the phrase “passing the baton” which means “to hand over a specific duty or responsibility.” We will look closely at the significance of this statement in the context of the transition of […]

The assessment of a firm, its profitability, retention of company culture and how it stands in future years to come can be based on many factors, but usually for a small organization or a CPA firm owner, those factors for survival has been carved out primarily on the backdrop of a consistent and systematic diet […]

A time will come when an organization will have to deal with leadership transition and succession. These complex processes will require much preparation and moving parts to succeed. Succession is similar to two runners in a sprint relay passing the baton; it’s a key moment in the race. A dropped baton might cost the team […]

The acquisition and sale of an accountancy practice is a challenging and complex process. The steps involved in this process of handing off from one entity to another requires much planning and preparation. The approach of the “Great Retirement,” a wave of “Baby Boomers” departing the workforce with the decision to sell their practices, will […]