About This Practice
This is an ideal book of clients for anyone looking to start their own accounting firm or an already existing firm looking to expand!
This book consists mostly of business clients who are loyal and consistently generate referrals. The majority of clients are familiar with sending in documents electronically and specifically enjoy having one point of contact within the firm that they work with year after year. Most clients are virtual, but some do still drop off documents or mail them. For this reason, a local buyer is preferred. Overhead expenses for this book of clients are minimal, meaning a new buyer should expect excellent profit margins on a desirable mix of services.
Industries served include Information Technology, Software Developers, Real Estate Investors, Home Builders, Consultants, and Professional Service Companies.
The current owner has implemented value billing which is invoiced, quarterly, yearly, or at completion of engagement.
Ideal Buyer:
The buyer should be a CPA who is local or near the Edmonton area. This is an excellent book of clients for someone looking to start their own firm or to add to an existing firm. The buyer should have small firm experience and understand the importance of client relationships.
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