Tag-Archive for Sell Your CPA Firm

Why Would a Business Owner Sell a Successful Business

It is easy to assume that any business that is for sale must be failing. Part of that is our innate assumption that no one would ever voluntarily give up something that was making them money (especially if they built it themselves). But people are not actually the economic models of enlightened self-interest we learn…

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How A Business Broker Can Help with a Business Sale

There are many business owners that are looking to move on from owning a business for various reasons. Selling a business is not as easy as many people believe. Owners often attempt to sell their business on their own, and they quickly find out that it can be a challenge to attract a qualified buyer…

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Maximize Accounting Practice Sale through Transition Planning

Most sellers would prefer to receive all cash when selling an accounting firm. The problem is that most savvy buyers and certainly the best operators in the accounting field understand client retention risk. Buyers cannot truly understand the size or scope of the risk of retaining clients within a firm, so they hold back a…

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Common Questions Business Owners Ask About the Selling Process

Selling a business can be a lengthy and complex process. Before you even begin, you need to prepare for the sale by making sure your business is ready to attract your targeted buyers. During the process, there are several steps that must be taken to avoid common pitfalls and ensure a successful transaction. Along the…

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How to Approach Your Employees About a Business Sale

Selling a business is typically a very positive event for the owner(s). This is the time to cash in on the years of hard work building your business, and move forward to retirement, new endeavors, or whatever is in store for the next stage of your life. As an owner, you look forward to the…

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When Is The Best Time To Sell My CPA Practice?

Selling an accounting practice (or any other type of business) is a difficult decision. With so many years and so much time and money invested in it, the decision to leave often comes with a heavy heart. The problem is many stay in their practices too long and suddenly circumstances drive them to a quick…

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Measuring the Value of an Accounting Firm for Sale

With the Baby Boomers retiring, there are CPA practices for sale throughout the country. This is good news for aspiring accounting entrepreneurs that want to own their own firms, because it is generally less risky to buy into an established practice than to try to build one from scratch. Your chances of success are much…

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Why do Owners Sell their CPA Practices?

At any given time, there are hundreds of accounting practices for sale throughout the United States. And with an increasing number of aging Baby Boomers, this trend is expected to continue for the foreseeable future. On the flip side, accounting services are still in high demand. While it is true that software programs have captured…

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Preparing Your Small Business for Sale During the Holidays

For retailers of all sizes, the holiday period is clearly the biggest sales period of the year. But even if you do not consider yourself a retailer, the holidays should still be a profitable time because people are generally in a buying mood. And this year, consumers have more money to spend because of lower…

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Selling your Accounting Practice with Real Estate

Inevitably, some accounting practice principals purchase a building in which to operate their practice. Having your own building can create a lower cost of occupancy over time and also gives the principal a way to continue to build value inside the firm, shelter some profits and control the real estate location and improvements. These benefits…

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