1. Re-cap the season. Write things while they are fresh on your mind. We think we will remember, but it’s amazing what we do in fact forget. These notes can be very useful when you are gearing up for the next tax season.
In the overwhelming majority of cases, owners of profitable accounting practices can get all cash or all cash equivalent terms at closing-with absolutely no contingencies after closing. In this segment, we will discuss financing for accounting practices. First, some Key Statistics from our deal flow last year: