You’ve spent decades of your life building your successful CPA practice and forming close, trusting relationships with your clients. Now it’s time to sell your CPA practice and start a new chapter in your life. But selling seldom means cutting all ties. Sellers are usually involved after the sale, at least to some degree. One […]
At Accounting Broker Acquisition Group, we encourage deals that result in high multiples of billings and significant cash at closing for the seller. For most firms, we can achieve a very high sales price with significant cash at closing, which is obviously much better for the seller than having to carry a very large portion […]
Owners of small to mid-sized CPA practices often like to “keep things in the family”, so to speak, by selling their CPA practice to an employee. But while some employees can be very good purchasers, this plan often fails. Why don’t many employees make good owners? It comes down to skills and pay. Skills These […]
Selling the CPA practice you’ve spent years or even decades of your life building is a big decision. It is often important to start preparing one or two years before the sale. While there are some things you can’t alter – you’re unlikely to move your Chicago CPA practice to New York – you absolutely […]
Is it better to merge or sell your accounting practice? Usually, the answer is to sell. While selling a CPA firm is generally the best option, there are cases where a merger is the only feasible way to go.