Month: October 2019
Why Accounting Firms are Valued on a Multiple of Revenue
Why are accounting firm values based on a multiple of annual revenue instead of a multiple of annual cash flow to owner? “Accounting practices are worth x times gross revenue.”
Want to scale your accounting practice? Why?
Adding a healthy dose of intentionality to growth plans helps make scaling your accounting practice both more manageable and more profitable. It also helps to build a practice that you
Cloud-Based Accounting Firms vs. Traditional Firms
What is the difference between a traditional accounting firm and a cloud-based accounting firm? When you boil it all down, the only real difference involves location. In a cloud-firm, the
Client Selection in a CPA Firm is Destiny
“Your firm is only as good as your best clients.” ~ A wise past client (but we cannot recall who) Who are your clients? Periodically, it’s good to assess
Transitioning to the Cloud with Tate Henshaw (podcast)
If you are thinking about modernizing your firm, you don’t want to miss this podcast. Brannon recently sat down with Tate Henshaw to discuss the ins and outs of transitioning
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