About This Practice
100% cloud. 100% remote. Services are primarily bookkeeping and related T2’s, minor personal tax, and some advisory. Launched in 2019, the firm has seen very strong and consistent growth through proven marketing and development strategies. More than half of revenue is subscription. No AR. Very good profit currently tracking at ~59%. The client base is desirable and stable. Remote staff are highly capable, hard-working, and have a very high level of commitment and loyalty to the firm. Cloud platforms are industry standard. Operations are kept simple and highly efficient.
- Average 150% growth/year since inception
- Very good profit currently tracking at ~59%
- Very low owner hours at ~20 hours/week
The ideal Buyer will be familiar with cloud operations and future-focused business development. Experience in the areas of service is important for a Buyer intending to continue the review of the higher-level staff work. Experience and capability in effective team management is also a must, as is an understanding of remote staffing. While a CPA designation may be advantageous for a Buyer looking to add additional services, the current operations of the firm do not require a CPA. This is an excellent opportunity for a Buyer looking to fast-track into a proven and rapidly growing full cloud practice.
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