August can consult with your firm on the issues it might be facing. For example:

Partner Issues

  • Retirement / Succession Planning
  • Resolution of Partnership Issues
  • Managing Partners Coaching
  • Review of Partnership Agreements
  • Managing Partner Selection

Mergers & Acquisitions

  • Candidate Search
  • Practice Valuation
  • Practice and Cultural Assessments
  • Negotiation and Contract Assistance
  • Integration Assistance

Firm Efficiency and Profitability Reviews

  • Strategic Planning
  • Operational Excellence / Benchmarking the Practice
  • Client Profitability Analysis
  • Billing and Collections Analysis
  • Performance Management and Goal Setting

Partner Retreats

  • Customized Partner Retreats and Workshops

Compensation Design

  • Partner Compensation Plans

Solution Examples

I have been honored to work with hundreds of accounting and law firms during the past 30 years ranging from sole practitioners to firms with more than 300 owners. While I bring a wealth of knowledge to the client, I am also acutely aware of how much I continue to learn from my client engagements. My past engagement solutions include the following:

  • Top 100 Firm - Developed a detailed succession planning process and facilitated a strategic planning retreat for the management committee.

  • Top 100 Firm - Designed a partner compensation plan.

  • Local East Coast Firm - Assisted the managing partner in developing a new partnership agreement and identified the key issues in each article of the agreement.

  • Major Midwest Firm - Assisted in the sale of one of its divisions to a publicly traded company.

  • Local East Coast Firm - Assisted in the acquisition of a $1 million tax practice.

  • Great Lakes Firm – Developed succession plan process for managing partner.

  • South Central Firm - Developed a strategic alliance structure between the firm and another consulting company. Also, completed an operational efficiency analysis and assisted in the development of Class A and Class B stock.

  • Midwest Top 100 Firm - Developed and facilitated annual partners’ retreat.

  • West Coast Firm - Introduced managing partner to private equity funds, facilitated strategic planning session for management team and consulted on the development of more efficient tax processing.

  • Two-partner Midwest firm - Facilitated partner separation and valuation of the practice.

  • Large California Firm - Facilitated the development of the firm’s first strategic plan.

Rick Francis CPA, President

Francis & Associates, P.A.

The ability of August to relate to our situations in the areas of succession planning and mergers together with his immediate leadership in these areas, have provided excellent guidance and assistance to our business. He is one of the leading erudite consultants providing services in these areas to our accounting profession. Without reservation, I rate August Aquila a “10.”

David Sibits, CPA

Presidnet, Cbix Financial Services

I had the opportunity to work with August on a transaction that was changing for many of the parties involved. He always operated with the highest degree of integrity and lived up to whatever he committed to. I trusted that August would always carefully balance the needs of all parties in the transaction and do what was best for the whole even though the represented the other side.