Testimonials

After 18 years of growth and success, we found our firm had reached a natural plateau. We needed to make specific transition plans and evolve our principal (partner) compensation program to provide for future growth and success. Using his experience and in depth knowledge of our industry, Tim Michel was able to guide us through the process and provide specific solutions for our unique needs. Thanks to Tim's assistance, we were able to address our issues in less than three months and in an exceptionally amicable manner. Each and every owner in our firm appreciated Tim's approach and candor throughout the process.

Tim has provided me with guidance as I assume my new role as Managing Director. In addition, he has assisted us on several projects, including facilitating our strategic planning process, providing guidance on firm governance, partner goal setting, accountability and compensation plans, and facilitating our director retreat. I personally have found Tim to be a great resource as someone who has been there and done that. As they say, 'It can be lonely at the top', and I find it is very comforting to be able to talk candidly about firm management issues with him.

Tim has facilitated our partner retreat and presented a workshop on The Discipline of Efficient and Effective Growth. His former managing partner experience came through. A comment from one of our partners stated, "Tim was great. He brought a lot of real world, relevant experience to the discussion." Tim has helped us get through some difficult problems and I look to him as a valued resource when I need someone to talk with about firm issues.

Tim facilitated our partner/manager strategic planning retreat and presented his Driving Practice Value and Profitability workshop. As a former managing partner, he brought a lot of practical experience to the process which really helped our partners understand issues. We walked away with a comprehensive plan to move the firm forward, actionable solutions and a means of providing accountability.

As a new managing partner, I needed assistance in several areas. Tim facilitated our partner retreat resulting in an actionable strategic plan. In addition, he helped us define a new form of governance, including the determination of important provisions of the partnership agreement and the development of a partner admission and retirement program. Tim's practical experience and industry knowledge has been invaluable throughout this process and I appreciate having him available to discuss firm issues as they arise.

I've attended all our partner retreats for 28 years. Our recent retreat, facilitated by you, was one of our best ever. You kept us on target, on time and focused on the issues. Your professional demeanor, skills, experience and knowledge were extremely valuable to us as we worked through a challenging agenda. Thanks again!

The retreat was excellent, right on target. Tim's practical experience and knowledge (having lived it) was very beneficial for all partners to relate to all issues discussed. We definitely plan on continuing Tim's involvement to ASSURE that we carry out the Plan.

Tim Michel spoke at our 2009 Managing Partners Seminar and his all day workshop on 'Managing Your CPA Firm Practice in Today's Economic Environment' was very well received by our seminar participants. Tim is a very articulate and knowledgeable speaker who, through his many years of experience in managing a large and very successful CPA firm, provided our Managing Partners with a number of fresh ideas on how to improve and expand their practices. He has an excellent rapport with CPA firm CEOs.

I have worked with Tim for several years, both when he was the managing partner of Rea & Associates and now as a consultant to the CPA profession. Tim understands the management of CPA firms. I have seen him address the issues facing growing multi-office firms in today's competitive environment including governance, succession planning, long-term practice value and profitability. He understands the importance of firm culture and communicating the firm's vision.

Tim has helped me work through a number of management issues. I really appreciate the experience he brings as a former managing partner of a successful regional CPA firm. He not only can speak to the issues, but has solutions to them. Tim also shares documents and forms that have worked well for him, saving us valuable time. He is a great resource.

I have known Tim for several years and worked with him on the preparation and presentation of a strategic plan for his former firm when he was its managing partner. He understands the importance of strategic planning and how it must be tied to the vision of a firm. Tim was masterful in his communication with his partners and in clearly defining the components of their comprehensive strategic plan which lead to partner buy-in and successful implementation. He is one of the few consultants to the public accounting industry that have worked in the profession and I welcome him as a fellow consultant to the accounting industry.

I've known Tim for years and have watched him lead Rea & Associates through significant growth and evolution of the practice. He understands the people side of practice management as well as anyone I know. Tim's always been able to articulate a clear vision of where the firm was going and what it was going to take to get there; and the firm's growth speaks for itself.

Tim's workshop on Driving Practice Value and Profitability helped our association members focus on the important management issues they need to address in their firms. His experience as a managing partner and in-depth knowledge of the accounting profession is invaluable. The members walked away with a blueprint to follow.