Interested in CPA Firms for Sale?
Looking to start or expand your CPA practice? Below is a collection of our "hottest topics" for buyers of CPA firms. You can also find many other informative articles on our blog.
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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.
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Buying a CPA Practice Versus Starting Your Own Firm
Both have advantages and disadvantages. First, let’s explore the advantages of both starting a CPA practice from scratch and advantages of buying a CPA practice as well as the disadvantages.
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How to Find the Right Accounting Practice to Buy
Finding the right accounting practice to buy has a lot of great advantages…as long as you buy one that reasonably fits you. I say reasonably, because you will never find the “perfect” practice.
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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.
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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.
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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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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.
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- Increasing income without increasing hours in your accounting firm with Loren Fogelman
- Remote teams can help attract the right people to your accounting firm
- Four Steps to Improve CPA Firm Capacity
- Practical advice for scaling your accounting firm with Kenji Kuramoto
- Four key tips for creating a desirable accounting firm for succession and staff retention