How to Find the Right CPA Firm for Sale
If you find the right CPA firm for sale, will you know it when you see it?
I really love the quote by the late Zig Ziglar –
“If you aim at nothing, you will hit it every time.”
If you want to make your search for acquisition targets incredibly more productive and successful, you owe it to yourself to first create a clear vision of what you want.
Check out this weeks video blog below:
In fact, a little forethought about what type of firm to buy can go a very, very long way toward ending up with a successful acquisition. So, what should you look for first?
Well, the best thing you can do as a buyer is to first know your own strengths and weaknesses. You need to find a practice that can capitalize on your own strengths. Otherwise, you’ll spend a lot of valuable time getting your acquired practice to work well for you.
What do you need to assess when looking at CPA firms for sale?
• Location
• What to avoid
• Identifying your strengths and weaknesses
• Technical skills
• Background
• Management style
It’s been my experience that creating a vision of what you want will dramatically increase your chance of finding it.