December 6, 2022
INSPIRE TO BE ASPIRATIONAL

By Lisa Blankman, CPA
Manager, Audit & Assurance Services

At the end of any business day, your team members shouldn't just have completed tasks to show for themselves; they should have learned something as well. Learn Something NEW Every Day!

Transitioning from the college classroom to the "Real World" can be intimidating to those joining the workforce for the first time. As a leader, it's within your power to create a smoother segue by making your business feel like a continuous learning environment. One way to do that is to compile a reading list for employees and keep hard copies around — build a library of resources and suggested reading on one of your shelves and turn a section of your workplace into a resource center to LEARN MORE!
SUCCESSION PLANNING MUST BE INTENTIONAL

By Liz Belcher, CPA
Senior Manager, Tax Services

Too often business owners find themselves backed into a brick wall when it comes to succession of their business enterprise … for most, "their child." They get so lost in the day-to-day operations of their business that when it's time for them to step away and perhaps enter retirement, they have no plan in place — or worse yet, the plan they have been carrying around in their brain for years is not realistic nor doable!

To ensure a successful transition, it's best to plan five to 10 years in advance. Divide your plan into stages, writing goals for each year building up to your succession so it's ready to activate by then. And be sure to remain in conversation with your partners and shareholders to keep these goals up to date. Seek out others who can give you a "sanity check" on your ideas.
EMPLOYEE SPOTLIGHT: NICK HOPKINS

Nick Hopkins is one of the founding members of Sponsel CPA Group, and he is excited to be part of the firm's growth over the last 13 years.

A CPA, Certified Financial Planner® and Director of the Tax Services department, Nick leads the tax team in providing financial, strategic and tax planning services to clients. He also specializes in acquisitions and mergers, multistate tax compliance and other complex tax challenges. Indiana Business magazine named him "a Super CPA."

Say Hello to Our Newest Team Members!

We are pleased to welcome three new talented professionals to the fold — Betty Agosto, Jamie Connors and Rafi Silverman. We are especially grateful to have them onboard now that busy season is just around the corner. Please join us in giving them a warm welcome! 

Thank You to Our Veterans

Although Veterans Day is now behind us, it’s still a fitting time to show our appreciation for those who fought to keep us safe so we could celebrate this holiday season, among so many other things. Thank you to the veterans here in the Hoosier state and beyond!