CPA Practice Valuation – The Key Factors

CPA practice Valuations can and do vary quite a bit. The industry standard rule of thumb is “1 times gross” which is a very long-standing belief held in the accounting profession. This is very different from capital intensive businesses where future cash flows to owner(s) is the main driver of value (often expressed as EBITDA.) […]

Accounting Practice Sales – Price and Terms Comparison

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” Warren Buffett And… “You name the price, I’ll name the terms.” Unknown Price and terms are an unbreakable pair. You cannot discuss one without the other. That said, it is extremely tempting to put more […]