Tackling Trends in Accounting and The Workforce Shortage
Podcast: Tackling Trends in Accounting and The Workforce Shortage
[00:01 – 10:47] How COVID-19 Impacted the Workforce Over the Years
- The ups and downs of COVID-19 may have been unpredictable, but clients surely have stronger 2021s compared to 2020s.
- Moving forward, people can have better years but the rising inflation cost and work shortage stir up fear and uncertainties.
- Learning remote work is essential especially in the current status moving forward.
- With how the world is changing in the last two years, the impact on the workforce is notably negative on a larger scale. However, because of the inflation, business owners need to be wary about the wage increase.
[10:48 – 22:21] A Myriad of Aspects to Consider in the Aims of GDP and Business Growth
- In the lens of CPA firms, both small and big businesses are in for a challenge of workforce shortage.
- To sustain the GDP growth, American policies must ease their immigration policies.
- It is difficult to invest right now, given the current state of the government and its debt.
- In the last 18 months, we’ve seen IPO performances go up at least a turn almost overnight. It is a combination of two things – the quality of the businesses that are now potentially hitting the market and a big run-up in the stock market.
[22:22 – 34:03] Essentials in Decision-Making and Systems Curation Processes
- The family must be on the table when making big decisions as these can also change their lives.
- A great practice to incorporate is to allow two or three years of making sure that there is a buttoned-down decision-making matrix within your company and that the systems and processes are well-documented.
- When it comes to earnouts, the advice is to make sellers comfortable about not earning another dollar to refrain from being emotional.
[34:04 – 36:50] Closing Segment
- Check out Aprio and Aprio Advisory Podcast to see actionable and insightful information about what’s happening within the marketplace.
Will Crampton sailed across the Atlantic when he was 18, and then flew across the Pacific as an exchange student to China in 1986.
He led the acquisition efforts on behalf of investment groups for two Major League Baseball franchises and executed both the acquisition…
With interest rates being a major factor in commercial real estate returns, many investors fear what high rates, with cap rates following…
A real estate private equity firm that owns and operates high quality multi-tenant office assets in emerging secondary markets.
Interested in learning more about Excelsior's investment opportunities?
104 Woodmont Blvd, Suite 203
Nashville, TN 37205
Disclaimer: Under no circumstances should any information presented on this website be construed as an offer to sell, or solicitation of an offer to purchase any securities or other investments. This website does not contain the information that an investor should consider or evaluate to make a potential investment. Other materials related to investments in entities managed by Excelsior Capital are not available to the general public.