Blog

How New Tax Law Will Impact PR Firms

By Matthew Schwartz

The Republican tax plan enacted last year includes some of the most sweeping changes in U.S. tax law in more than 30 years. Certain aspects of the legislation will have a fairly significant impact on how PR firms manage their day-to-day expenses and measure expense accounts. Gould+Partners spoke with Michael Belfer, an accounting and audit partner …read more


Is Cry for PR Diversity Different This Time?

By Rick Gould CPA, J.D.

(This article originally appeared on odwyerpr.com.)  It happens every few years, just like a Swiss watch. Cries are heard regarding the general lack of diversity within the creative services field and how it’s costing agencies and firms dearly. There are a few rounds of self-flagellation within the four walls, as the media trades run agonizing …read more


 3 PR M&A Trends to Watch in 2018

By Rick Gould CPA, J.D.

It’s just a few weeks into the new year, but the media M&A field is starting to percolate already. There were two deals in early January alone. Highwire PR, one of the fastest growing tech independent firms, acquired  Inner Circle Labs and merged the two San Francisco-based agencies, while the Association of National Advertisers (ANA) …read more


New ABCs for Effective RFPs

By Robert Udowitz

(This article originally ran on odwyerpr.com.) The request for proposal process in agency selection works to the extent that it is open, fair and balanced. The PR Council reports that one-third all new agency business comes from RFPs. That’s substantial enough to take the process seriously no matter the size of your firm. The critical …read more


Empathy at Heart of Co-Mentoring Programs

By Matthew Schwartz

Several years ago I worked at an online media production company whose aspirations unfortunately exceeded its budget. Nonetheless, I was eager to get more experience producing online video content. I was assigned to work with Susan (her name has been changed), a millennial. She seemed to be a real whiz with video equipment and knew …read more



‘Marketing Momma’ Offers 3 Tips for Agency Owners 

By Matthew Schwartz

“I’m the kind of person who ends up being everybody’s momma,” says PR veteran Lucy Siegel. “All kinds of people come to me with problems and ask for advice.” Well, the self-described “momma” is now looking to monetize her many years of experience in the creative services industry. In April Siegel launched her third firm, Lucy Siegel …read more


3 Ways Female PR Execs Pursue C-Suite Seat

By Matthew Schwartz

It’s a start. When Barri Rafferty in late November was named Ketchum’s next global CEO, she became the first woman to lead a top-five PR agency. It’s fitting that Ketchum has taken the lead when it comes to promoting female PR executives. A recent survey released by the global PR agency and the Holmes Report …read more


VIDEO: Millennial PR Firm Owners Carve New Niche

By Matthew Schwartz

We were chatting with a top PR executive recently when we mentioned the proliferating number of PR firms owned by millennials, or people born between the early 1980s and 2000. The executive—a real pro—expressed skepticism. That’s fine, we said. But we also stressed to this executive to keep a close eye on the space. While …read more


PR Profession Rides Some Rough Waves 

By Matthew Schwartz

It’s not a pretty picture for the PR industry. Among a wide swath of firms, growth is down and profitability is flat.  Adding insult to injury, PR  firm owners are failing to boost their billing rates in order to compensate for increases in salaries and other expenses. Whether it’s the large holding companies or smaller …read more