INTERESTED IN ACCOUNTING PRACTICES FOR SALE?
Prepare yourself for buyer success with these valuable resources.
VALUABLE ARTICLES FOR CPA FIRM BUYERS
ACQUISITION RULES FOR CPA FIRMS TO LIVE BY
With more and more of the Baby Boomer generation approaching retirement, many CPA firms will soon go up for sale—giving other firms the opportunity to grow through acquisition. There is a lot of information in the accounting profession about succession planning for those on the sell-side of the transaction. Buy-side planning doesn’t get as much attention, but it is just as critical to making these acquisitions successful.
Buying a CPA Firm? Everything You Need to Know About Noncompete Agreements
A few years ago I read The Snowball: Warren Buffett and the Business of Life by Alice Schroeder. One of the business adventures the Oracle of Omaha encountered in his career happened when he bought a company from an 89-year-old seller without a noncompete agreement.
CPA Practice Valuation – The Key Factors
CPA practice Valuations can and do vary quite a bit. The industry standard rule of thumb is “1 times gross” which is a very long-standing belief held in the accounting profession.
5 Important Concepts for Successful Accounting Practice Transitions
Accounting Practice Transitions can be extremely successful when handled with reasonable care and common sense. That said, some of the basics can be elusive in practice. Here is a discussion of 5 basic concepts for a successful handoff.
Client Retention in the Purchase of an Accounting Practice
Client retention in the sale or purchase of an accounting practice is probably the one topic that all buyers and most sellers ask about. It’s also an often misunderstood topic.
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