Morgan Properties’ Post

Serving on a corporate board has gotten more complicated in the past decade. It also has gotten more lucrative. (Plus, check out our exec comp report for Minnesota linked from story.)

Private equity is seeking accounting firms with strong culture, efficient pricing models and standardized technology & processes. These insights from the Scaling New Heights conference are spot on 🔥 Deborah Defer states "It is critical that the technology and processes were documented and there was standardization around that platform… Without that standardization, you cannot scale." With all the recent M&A activity in public accounting, it's no wonder why firms seeking or receiving P/E investment are turning to K1X, Inc. for firmwide standardization initiatives. #taxtransformation #taxtechnology #standardization

As a national firm, we’re proud of our coast-to-coast presence. But one has to wonder, who’s the true “Burger King”? To settle this great debate, we asked our West Coast team members which burger joint they prefer: California-born In-N-Out Burger, or New York-bred Shake Shack? Watch our video to see what they prefer, and comment below to let us know how you feel. Withum’s entry into the West Coast was an exciting one. It started in January 2020, when Withum expanded into Orange County, California, with 60 team members. Our footprint on the coast grew in July 2021, with offices in San Francisco and San Diego. Later that year, our West Coast team more than doubled as we broadened our West Coast presence across the entire coastline with new locations in San Ramon, Portland and Seattle. In 2022, we officially entered the Los Angeles region. Since our expansion into this region, Withum has been named a San Francisco Business Times Top 5 East Bay Accounting Firm, and Orange County Business Journal has recognized us as a Best Place to Work and Top Company for Embracing Diversity, Equity and Inclusion. Today, we are proud to have over 450 West Coast team members working tirelessly to create strategies to minimize tax exposure, streamline business processes and guide companies through transactions. Withum’s movement into the West Coast solidified our presence as a national firm and played an important part in our expansion. To learn more about our growth and 50-years of success, click here to take a trip through time: https://ow.ly/q1J550RFFAK #Withum50

Today marks a significant moment for Cooper Parry We've just closed our sixth deal in 2023, and it's a game-changer for us. 🚀    The deal with Haines Watts’ London and South-East (HWSE) audit and advisory businesses completed late last night.     The business is now officially part of the CP team.     12 months in the making, the deal has propelled CP to a £125m turnover, added 11 offices, 63 partners, and increased our headcount to 1,150 people. 📈    This has taken us to the next level as a genuine UK mid-market heavyweight and the UK's 11th-largest accountancy firm, marking a tripling in size over the last 12 months since we partnered with Waterland Private Equity. 💥    You can read more about the deal here: https://bit.ly/3urwfjx

Hey everyone, check out this interesting article from the Financial Times about Grant Thornton and Birmingham council's bankruptcy. It's an eye-opening piece that raises important questions about the situation. Have a read and let me know your thoughts! #FinancialTimes #BirminghamCouncil #BankruptcyDiscussion https://ift.tt/29CBw1c

Really energized after (virtually) spending the week with 300+ of our Padgett franchisees from the US and Canada. We’re just wrapping up our annual Padgett Summer Meeting, and I wanted to share a few takeaways that feel relevant to any small to mid-size accounting firms. The team committed to creating an event this year focused on actionable and practical guidance for the owners in our network with the goal of building enterprise value. There were some incredibly cool sessions on these themes, but here are six standout strategies that are applicable for ANY firm owner interested in future-proofing their business: 1. **Embrace “Wise Growth”**: Scale a robust business model with efficient pricing and systems to avoid amplifying problems as you grow. 2. **Annual Price Adjustments**: Boost your revenue wisely and predictably by adjusting client fees annually to reflect your growing expertise and market value. 3. **Community Involvement**: Invest in being an active part of your community through the Chamber of Commerce, BNI groups, and other local engagements to build a strong local presence. 4. **Brand Alignment**: Align with the Padgett brand to help bolster business value, ease recruiting, and streamline succession planning. 5. **Leverage Technology**: Utilize Padgett’s tech resources and support to enhance operational efficiency and client service. 6. **Practice Management**: Focus on right-sizing and efficiency to pave the way for sustainable growth. Thank you to the speakers and sponsors who helped make this event possible: Dan Martell, Catharine Drake Madeley, Shannon Vincent, Dina Long, EA, Gordon Caudle, Keith A. Washington, 🌟Sherrell T. Martin, Colin Dunn, Greg Batton, EA ADP, Avalara, GoProposal, Syft Analytics, Xero, Keeper.app, SAM, Tallyfor, @Thomson Reuters If you’re ready to learn more about boosting your firm’s value and efficiency, let me know. #Accounting #SmallBusiness #EnterpriseValue #PadgettSummerMeeting2024

🥇 Bidwells named in Planning’s top 10 fastest-growing firms of 2023 🥇 The Planning Consultancy Market Report names Bidwells as the 9th fastest-growing firm of 2023. Mike Derbyshire, Head of Planning at Bidwells, said: "This recognition is a testament to the expertise and dedication of our team. Being consecutively recognised year on year reaffirms our commitment to delivering exceptional value and we look forward to continued growth and success at Bidwells.” Read the full story here: https://lnkd.in/d_Yrbe94 #planning #development #realestate

In preparation for the retirement of our managing partner Andrew Richards next year after 37 years with the firm, Paul Crocker and Scott Bentley have been elected as chief executive officer and chief operations officer respectively. During Andrew’s seven years as managing partner, we’ve grown from a firm of around 400 people to more than 900 people today, with turnover more than doubling to over £60 million. Paul said: “Andrew has been instrumental in the growth of the firm as a partner, office head and managing partner, while preserving our friendly and supportive culture. The firm has now reached a scale where we believe our new management structure will enable us to play to our strengths as we aim to capitalise on the exciting opportunities we see in the marketplace.” Both Paul and Scott have been part of the firm’s management structure for some time, serving on both our executive committee and management board.   Scott added: “It’s an exciting time for the firm, which Andrew has led to a very strong position. Embracing new technology and leveraging this to continue delivering outstanding services and solutions to clients will be a key priority. At the same time, we will continue to invest in and develop our people, providing great career opportunities here in the South West.” Andrew, who became managing partner in 2016, said: “What has remained constant is the friendly, approachable service and our team culture. The thing I’m most proud of is leading the firm through the pandemic. That was undoubtedly the toughest time of my career, and the loyalty we showed our people during the pandemic has been repaid tenfold. “The firm has an amazing future. Over the next five to 10 years, our industry will go through a revolution with digitalisation and automation, and PKF Francis Clark is ideally placed to take advantage of these changes thanks to our breadth of specialist skills, our support teams and the strength of our advisory offering.” Read more: https://lnkd.in/egNvMetJ #SharedAmbition #Leadership #Accountancy

Today marks a significant moment for Cooper Parry. We've just closed our sixth deal in 2023, and it's a game-changer for us. 🚀    The deal with Haines Watts’ London and South-East (HWSE) audit and advisory businesses completed late last night.     The business is now officially part of the CP team.     12 months in the making, the deal has propelled CP to a £125m turnover, added 11 offices, 63 partners, and increased our headcount to 1,150 people. 📈    This has taken us to the next level as a genuine UK mid-market heavyweight and the UK's 11th-largest accountancy firm, marking a tripling in size over the last 12 months since we partnered with Waterland Private Equity. 💥    You can read more about the deal here: https://bit.ly/3urwfjx   #Growth #News #Acquisition #Deal #Accountancy #Welcome #Team

Today marks a significant moment for Cooper Parry. We've just closed our sixth deal in 2023, and it's a game-changer for us. 🚀    The deal with Haines Watts’ London and South-East (HWSE) audit and advisory businesses completed late last night.     The business is now officially part of the CP team.     12 months in the making, the deal has propelled CP to a £125m turnover, added 11 offices, 63 partners, and increased our headcount to 1,150 people. 📈    This has taken us to the next level as a genuine UK mid-market heavyweight and the UK's 11th-largest accountancy firm, marking a tripling in size over the last 12 months since we partnered with Waterland Private Equity. 💥    You can read more about the deal here: https://bit.ly/3urwfjx   #Growth #News #Acquisition #Deal #Accountancy #Welcome #Team