Client Retention in the Purchase of an Accounting Practice

Client retention in the sale or purchase of an accounting practice is probably the one topic that all buyers and most sellers ask about. It’s also an often misunderstood topic. A proper understanding of the aspects of client retention are critical to a successful handoff of an accounting practice. In this article, we’ll explore the […]

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.) […]