Running a BV/LS practice can be like wrestling with a bear. You don’t quit when you’re tired. You quit when the bear is tired. Use the guidance available in this issue to help you tame the bear.

Few things can put you back on your heels like hearing an employee say, “I need a raise”. HR consultant Ellen Warden tells you how to deal. You probably already know that employee benefits play a key role in hiring and retention. When was the last time you took a look at yours? We offer some ideas for creative approaches. Sometimes the employee you end up with isn’t the candidate you interviewed and hired. Sarah LaFon writes about what to do next. Finally, we consider the special challenges that small-market CPA firms face in retaining a BV revenue stream from a retiring part-time practice leader.

We want you to get more out of this newsletter than the time you put into reading it. We always welcome your comments and suggestions for information that would be useful in your practice. We also invite you to contribute material. Send us an email to: [email protected]

John Borrowman