About This Practice
This is a two partner, online accounting practice based in British Columbia. Firm can be located anywhere in North America. There are loyal and diverse clients who enjoy the benefits of an online accounting firm. Cash flow to owner is very good. About 35-40% of revenue comes from bookkeeping. There is an excellent opportunity to grow in this market. Online accounting firms offer incredible benefits like real-time, anywhere-access for clients and their accountant. This means that this firm is seeing tremendous growth by focusing on small businesses with revenues of less than $1,000,000 per year. This firm is a Silver-Level partner of Xero and clients love having a more accurate and efficient accounting experience because of this partnership.
Buyer should be familiar with online accounting and the model of Xero. A partnership with Xero will allow you and your clients to be more efficient and productive in a real time environment. An entrepreneur who likes to help other small business owners will be very successful. Buyer should have diverse tax and bookkeeping experience. Buyer should be open to trying new ways of doing things and want to embrace the technology and opportunities of an online accounting firm. Existing Xero partners and those interested in forming a partnership with Xero will be considered.
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