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Showing posts from October, 2021

Find the Right Buyer for Practice

  It is important to find the right buyer for a CPA practice when it is time to sell. Strengthening an existing client base encourages loyalty to a CPA practice, and it can be an attractive selling point for any CPA practice. Prospective buyers may be moved to buy if a CPA practice has built strong relationships with its clients and understands their challenges, goals, and ways to better serve them.

How a Consulting Company Will Help a Buyer Secure Financing

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An accounting practice sales consulting company will help a buyer secure financing by connecting potential buyers with reliable financing partners. It can be of great assistance to use seller representation to aid in helping a buyer secure financing. A business broker should have sold a significant number of practices in order to prove their ability to manage a transaction. Experience, licenses and certifications will lend credibility in all areas of their work. There are steps people should take in order to find the right consulting company when offering accounting practices for sale. Select a consulting company which has the most knowledge of current market trends and a record of success selling acquisitions of existing accounting practices. The consulting company should have consistently sold a significant number of accounting practices annually in order to prove their ability to manage the transaction on their behalf. Competition in the accounting practice industry is fierce, so o...