About This Practice
This is a fully remote cloud-based bookkeeping firm. While currently operating out of the Toronto area, the virtual structure allows operation from anywhere in Canada. Team members work remotely, facilitating a global talent pool for expansion. A diverse customer base in a national market is serviced by well established processes and industry leading platforms. Revenue is primarily subscription-based, fixed-rate calendared packages paid through automatic payment ensuring steady cash flow and very low AR. Some corporate tax work rounds out the mix of services. An established online presence, along with strong customer feedback and referrals provide a foundation for continued growth. This is an ideal opportunity to acquire an established future-focused operation.
The ideal buyer will be a future-focused operator who is ready to do business in the virtual world. This is an opportunity to acquire an established fully online bookkeeping firm with a high potential for growth. The buyer should be tech savvy and adept with online business technology. An understanding of online business practice is essential along with the ability to relate to a progressive demographic of staff and clients. The aptitude to manage remotely, provide staff autonomy, while retaining productivity and culture is a must. Equally, capability to develop and maintain client relationships in a virtual environment is critical. Bookkeeping/Accounting experience would be a strong asset depending on the buyer’s anticipated level of involvement.
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