Is buying an accounting firm a good idea? There are many reasons to consider purchasing an existing CPA firm. First and foremost, purchasing an accounting firm that is already set up and running can be logistically easier than building from the ground up. When you buy an existing firm with established operations it can help […]
Alex Dawes spent 2 and a half years on her fully remote cloud firm Virtual CFO Solutions and took it from $0-$750K. Wow…that’s fast! In 2021, she sold through Poe Group Advisors to pursue her passion in real estate and we reconnected to chat about what that rapid growth and cloud experience was like. […]
Tax season deadlines are upon us. You’re in the home stretch. How many individual tax returns did you and your team complete this year?… In Accounting Practice Academy (APA) we have found that firm owners are often surprised by the analysis they perform on their individual tax clients that are not associated with a business. […]
We often think about what more we can do to improve our businesses. What if less is the way? One of my favorite quotes is by the late Peter Drucker: “There is nothing so useless as doing efficiently that which should not be done at all.” In an accounting practice, this principle can be applied […]
