Practice Solutions Organization (PSO)

PRACTICE SOLUTIONS ORGANIZATION

INTRODUCTION TO THE ROAD AHEAD EDUCATIONAL SERIES FOR YOU AND YOUR FUTURE PRACTICE CHOICES

Accountant and Client Landscape for the Next 5-15 Years

There will be over 50,000 accounting and tax professionals whose practice will encounter a change event from succession to merger to closedown.

The clients of these practices will need professionals who can deliver accounting and tax preparation services utilizing leading edge technologies, strategies, and integration of services.

The Road Ahead Educational Series is for CPAs and Accountants designed to help you make the best choices for your future.

1. Continue to own/operate and serve your clients for as long as your health and desire exist, with no exit plan to monetize the value of your practice.

2. Continue to own your practice but hire others to operate and provide labor for tax and accounting services.

3. Identify client segments in your practice that you would want to continue to provide services to and identifying client segments in your practice that you would prefer selling off to other accounting firms or discontinue.

4. Creating new additional revenue and accruing equity that will provide additional wealth accumulation for your future by installing fee-based financial services work without your labor to align with your tax work.

5. Prepare for and execute a full liquidity event with the best possible future owner.

Practice Choices for Your Future

To Determine your Best Road, Attend the Road Ahead Educational Sessions

1. The Road Ahead Sessions are conducted by Subject Matter Experts from Practice Solutions Organization (PSO) who provide accountants education and implementation resources to achieve their future practice objectives.

2. The Road Ahead Sessions are designed to help each accountant better understand the 5 choices they could make to achieve their personal and professional goals.

3. PSO recognizes accounting and tax professionals’ goals are unique to them, so the process is designed to identify that unique best choice for each individual.

4. The Road Ahead Sessions provides a decision tree for each participant to determine which of the 5 choices best serves their needs and goals.

Accountant’s Decision After Road Ahead

Education to

Determine the

Big Whys

1. Given the 5 choices, which practice choice is best for your needs and your family and why?

2. Given the 5 choices, which practice choice is best for your practice team’s members and why?

3. Given the 5 choices, what is best for your clients and why?

4. Prioritizing the Whys.

The First Steps After the Road Ahead Educational Sessions

Meet with Practice Solutions Organization for engagement to work through your Individual Future Blueprint to ensure clarity and consistency on your decisions.

After the Blueprint engagement is completed, the PSO engagement implementation plan is drafted with timelines for decision making and actions.

Execute the PSO engagement implementation plan with the assistance of Practice Solutions Organization.