Wednesday, August 27, 2014

4 Tips for Managing Your CPA Firm's Seasonal Business

As the economy continues to improve, CPA firms will be able to focus on growth strategies, such as diversifying service portfolios by expanding into higher-margin services offerings. While expanded service offerings can mean bringing more business for your firm, it will also divert resources previously reserved for your core services. Because of this, you will need to have effective strategies in place for managing your seasonal business.

Here are four operational and workflow tips designed to help you balance the work load you already have, while onboarding the business you want to bring in.

Explore seasonal staffing options

For many CPA firms, staff size fluctuates with the ebb and flow of seasonal business. This requires organizations to have flexibility with staffing.

One strategy is to hire seasonal interns to work at your firm on a temporary contract. You will not only receive much needed help at little-to-no cost, you will also find that intern interactions can help you identify up-and-coming talent that you may wish to hire on a permanent basis. Moreover, the temporary relief interns can provide will allow your team to focus on more revenue-generating objectives.

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Source: Kevin Stockton (

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