My long and fulfilling career as an accounting technology consultant has kept me working beyond what is generally considered to be one’s “prime.” After working with clients, growing a company and partaking in many other pursuits, I now envision a less demanding life with more time to travel and to spend with family.
My partner, Laura Jorstad, and I have been working on a transition plan for some time now, where she will assume majority ownership and take over management of the firm. I will retain a minority interest and continue to support her to help ensure that NFP Partners continues to grow and improve. This change was official as of the first of this year.
Much of what I envisioned when I founded NFP Partners (almost nine years ago) has become a reality:
- I pursued my strong interest in helping nonprofit organizations become stronger in financial management while developing a successful business model.
- Our firm is recognized as part of the nonprofit community.
- Through our partnership with Abila, we have acquired over fifty clients using MIP Fund Accounting, the established leader in nonprofit accounting software.
- For smaller nonprofit organizations, we have succeeded in launching and growing a unique outsourced accounting practice.
Laura Jorstad has been critical to our success. I first met Laura in 2010 when she represented a nonprofit in search of accounting software. This nonprofit became an MIP Fund Accounting client and our business relationship grew. She became the obvious choice to help me in growing the business. She and I, although a generation apart, share some common values associated with hard work, competence, client service, and balance between work and family. She and her husband Tony have two children who are in elementary school. I’m amazed at her enthusiasm and energy in how she handles all her business and family responsibilities. Laura has been instrumental in assembling a team of three additional competent, motivated professionals who like her, are committed to NFP’s success. So, even though I’m not going anywhere soon, I am very comfortable with the future of NFP Partners.
Laura will take over writing the lead article in the newsletter and will introduce you to the other members of the team. I vow to become a better blogger, or at least try to be.