In just a few short months, COVID-19 has created panic, wrecked the economy, and forever changed the way business is done. Many events in life are about timing. We are optimistic that the economy will bounce back but that may not provide solace if you were planning on retiring and closing your practice in the next 24 months.
Before COVID-19, research shows that only 7% of CPA firm owners have any succession planning in place. Most spent a lifetime helping their clients achieve their retirement goals while actually not having any of their own. Many just stop servicing clients and lock the door when it’s time. This leaves clients and staffers who have developed a trusted relationship to fend for themselves.
Was this your last Tax Season? Do you have the investment in technology and resources to service a ‘new normal’? Or do you even want to?
That’s where KSDT CPA can help provide a win, win, win solution!