Accounting Practice Buyer

Accounting Practice Buyer Cash Flow 101

  We have three major goals for every accounting practice we sell: Maximize the practice’s value. Keep the process simple. Help the buyer succeed.   One major way to help accounting practice buyers succeed is to have them get cash flow right in year one.    Cash is the oxygen of business Regardless of how […]

tax season tips

14 Tips for a Fun and Productive Tax Season

Check out these incredible ideas for you and your staff to have fun and thrive during tax season: Never under estimate the power of food: • Have a chili cook off. Invite staff and partners to make a pot of their favorite chili and let everyone vote. Offer a prize or just bragging rights for […]

Strategic Meetings During Tax Season

Strategic Meetings During Tax Season

Short Meetings Help Keep Everyone on Track Meetings that go on too long are notoriously counter-productive, but short check-in type of meetings create a culture of accountability – which can have an incredibly powerful impact over time.  This can be really helpful during tax season.  Working a lot of hours can blur priorities. Several years […]

Timing Your Exit CPA Firms for Sale

Timing Your Exit-CPA Firm Succession Planning

  This article first appeared in The Journal of Accountancy’s CPA Insider™ By Brannon Poe, CPA     When owners of CPA firms first begin to think about succession planning, the most important decision they need to make is when to bow out. Too soon, and the owner may find letting go of the practice […]