Uncovering the True Owner's Benefit in Law Firm Financials

Описание: Uncovering the True Owner's Benefit in Law Firm Financials

In this podcast clip, Moshe Amsel and Tom Lenfestey dive deep into understanding the true owner's benefit. From creative business expenses, like a "mastermind" trip to Italy, to hidden perks and retirement contributions, they discuss how law firm owners often blend personal and business finances. But how do you separate the personal from the professional to determine an accurate, normalized financial picture?

Moshe and Tom also tackle the often-overlooked concept of "replacement costs"—the real salary needed to replace the owner’s role in the firm—and how that affects your financials. Plus, they explore the challenges of clean data and why maintaining healthy profit margins is critical, not just for tax planning but for the long-term success and saleability of your firm. Tune in to learn how to get a clearer, more accurate view of your firm’s true value when it comes time for an exit.

Watch the full episode here:    • Everything You Need to Know about Buying a...  

#ProfitWithLaw #LawyersMarketing #LawFirmMarketing #LegalMarketing #MarketingStrategies #LegalTrends #LawPracticeMarketing #LawMarketing #LawFirmAdvertising #LegalAdvertising #LawyerBranding
----------------------------------------------------------

Join our expansion program:

https://www.profitwithlaw.com/elite

Listen to my Podcast:

Apple: https://www.profitwithlaw.com/itunes

Spotify: https://profitwithlaw.com/spotify

Stitcher: https://www.stitcher.com/show/profit-...

Follow me on social:

Facebook:   / profitwithlaw  
LinkedIn:   / profitwithlaw  

Visit me at:

https://www.profitwithlaw.com