Category: Transition & Retention
Stumbling blocks to starting your own CPA Practice
Stumbling Block to Starting your Own CPA Practice Potential problems to starting a CPA practice include an insufficient client base and partner mismatch. This article first appeared in The...
You are only as good as your best clients
You Are Only as Good as Your Best Clients One of my best clients told me that! What is it about people who build successful businesses? Do you have...
Post-Merger Integration
If you are acquiring an accounting practice, expediting the integration of staff is important. The sooner you can tap into the talent of the people from the target firm,...
Why client loyalty is a major plus when buying a CPA firm
3 Reasons why it benefits the buyer when clients have been loyal to the seller. Here is a common statement we hear from sellers: “My clients are really loyal...
Helping Staff Make the Transition After You Buy a CPA Firm
Don’t neglect your new practice’s most important asset. This article first appeared in The CPA Insider™. When you buy a CPA firm, how important are the staff? When we...
Freedom – Why People Start or Buy Businesses
Freedom – Why People Start or Buy Businesses With Independence Day passing, the theme of freedom is top-of-mind. Ultimately, most people who are buying a business for themselves do it...
Non-compete Agreements with CPA Firm Purchase
BUYING A CPA FIRM? HERE’S WHAT YOU NEED TO KNOW ABOUT NON-COMPETE AGREEMENTS A version of this article first appeared in The CPA Insider. A few years ago I...
Buying A CPA Practice Vs. Starting Your Own Firm
So which is better, buying a CPA practice that’s up and running, or starting your own accounting firm from scratch? Both have advantages and disadvantages. First, let’s explore the advantages...
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