Cloud-based Bookkeeping Firm for Sale in Ontario

About This Practice

This firm is a fast-growing, cloud-based bookkeeping practice based in Ontario and is a leader in the cloud bookkeeping space. With a virtual office and specialists working from various locations across the country, this practice has flexibility and potential for the future-minded buyer.

Services are delivered by a team of tech-savvy professionals through tailored bookkeeping solution packages and a handful of personal and business tax work. Billing is fixed-priced monthly packages setup for pre-authorized, automatic payments to ensure steady cash flow with no accounts receivable. The firm is growing every year and has good cash flow to owner.

Clients are from a diverse range of industries including professionals (doctors, dentists, etc.), construction industries, manufacturing, marketing and consulting, as well as young entrepreneurs who have a desire to use the next level of bookkeeping technologies. The firm enjoys a reputation for being innovative, responsive, and for providing great service. Client feedback is exceptional, and the firm has a loyal and growing following. The company has designed the whole customer experience, from onboarding to bookkeeping to billing, to ensure client satisfaction, ease of use, and automation. The firm is discerning in their client selection, taking on only the clients that work best with this model. This is a bookkeeping firm for serving 21st-century businesses.

The firm has a great culture and believes in building into their employees and having their employees participate in ideas for continued company development. Employees are responsible for a book of accounts based on client-specialist fit.

This is a practice specifically designed for efficiency and continued growth. An excellent marketing engine with superb online presence and superior attention to client service has ensured that client growth is steady and that clients are retained. Reinvestment in systems and key employees has continued the company’s growth.  The firm can service anywhere in Canada.

Ideal buyer

The ideal buyer must be a forward-thinking and open-minded entrepreneur who is enthusiastic about running a very different kind of bookkeeping practice. Both clients and employees expect a different experience than at a traditional firm and enjoy the benefits of an online environment. The buyer will be knowledgeable on online businesses and technology. Bookkeeping/accounting experience would be an asset but isn’t required as there is an excellent service team in place.

This would be a great opportunity for a traditional accounting firm looking to branch into cloud-based bookkeeping, a bookkeeping firm seeking to add a cloud component, or for a cloud-based firm looking to expand its client base.