About This Practice
This innovative cloud bookkeeping company is expanding at an astounding rate. Yearly revenue increases of over 25% are routinely achieved without any paid marketing being done. Projected revenue for 2025 is $1,674,900! The firm has real-time workflow tracking systems and minimal AR due to its subscription-based, automated billing operations. Because the partner is committed to matching staff responsibilities with their interests, the company has a fully staffed workforce with high employee retention. The partner focuses on marketing and business growth while the COO oversees day-to-day operations. Even though this is a virtual firm, established processes and technology makes it possible for employees to collaborate in a setting more like a traditional firm even though they are located throughout Canada. Clients express high satisfaction with the firm’s work, promptness, and proactive involvement. Engagement letters with clients include a minimum 10% yearly fee increase guaranteed.
Highlights:
- 2025 projected revenue $1,674,900
- On the forefront of technology with great relationships within the cloud-based app world!
- Consistent revenue increases over 25% each year
Ideal Buyer:
Although not necessary, the ideal buyer would have some bookkeeping or accounting experience as well as an interest in managing a remote (Canadian-based) team. A buyer who is willing to learn about the current technology and processes, or who shares the firm’s concentration on growth and technology, would be advantageous. The owner believes in clients’ success and the successful careers of its bookkeepers through creating systems and processes that allow for flexibility and high levels of communication. A buyer who embraces these philosophies would thrive in this position. Share sale is preferred.
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