succession planning for accountants

Succession Planning – The Accountant’s Estate Letter

Succession Planning – The Accountant’s Estate Letter In the past few months, we’ve gotten several requests from CPA’s for a simple letter to leave instructions to their estate executor if the need should arise to rapidly facilitate an accounting practice sale. I’m happy to say that we have prepared this letter and are happy to […]

Selling a CPA Practice? Cash is King

Selling a CPA Practice? Cash is King

Selling a CPA Practice? Cash is King Have you built your CPA practice with great clients and a great team? Are your services priced well? Do you run your practice efficiently? Is your practice in a good location? If you answered yes to most of these questions, then your cash flow to owner is probably […]

Accounting Practice Sales lawyer

The Role of a lawyer in an accounting practice sale

The Role of a Lawyer in an Accounting Practice Sale   In an accounting practice sale, your lawyer can be a “Deal Maker” or a “Deal Breaker”, which one do you have? Ok…maybe it’s not quite that black and white. After all, if you are hiring a lawyer to help you with a transaction, you […]

accounting practice sell

Build your accounting practice to sell it.

Build your Accounting Practice to Sell It If you are familiar with The 7 Habits of Highly Effective People by the late Stephen R. Covey, you may know that one of the key habits is to “Begin with the end in mind.” This perspective provides numerous insights that have significant value over time. When you […]