About This Practice
This is an excellent modern accounting practice that could be grown exponentially in the online accounting space. This practice was started by a former “Big 4” CPA to provide high quality financial reporting to small companies. Clients are in a variety of industries with a concentration of technology, start-up, medical/professional and private equity companies. This firm provides full-service accounting management which includes payroll, bookkeeping and limited financial coaching. There is an opportunity to grow both the existing services and other areas not currently offered. Specifically, existing clients have demand for more complex tax work and many would be good candidates for more in-depth advisory services. This firm has experienced rapid growth and is poised for the right buyer to take it to the next level.
Ideal Buyer
An entrepreneur who likes to help other small business owners will be very successful. Ideal Buyer will have diverse tax and bookkeeping experience and be willing to embrace the technology and opportunities of an online accounting firm. Buyer should be familiar with Quickbooks Online. A firm or person with strong project management experience would be able to further systematize the business as it grows.
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