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Showing posts from December, 2022

Technique to Determine the Worth of a CPA Company for Sale

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There are techniques to determine the worth of a CPA company for sale . Strengthening an existing client base encourages loyalty to a CPA practice, and it can be a very attractive selling point for any CPA company for sale. New business is often generated by references from existing clients. Prospective buyers may be moved to buy if a CPA practice has built strong relationships with its clients and understands their challenges, goals and objectives to better serve them. When a CP company offers a potential buyer an existing trained staff that shares mutual goals and helpful information, it is a strong selling point. Proving that a CPA practice has invested in collaboration and effective teamwork may persuade someone to buy that CPA company rather than a different firm.  When a CPA company shows potential buyers that it is staying abreast of developing advances in the accounting field, it is attractive to potential buyers, as well as presenting the CPA practice’s technology as moder...

Why Use Expert Accounting Sales?

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  Sell your accounting practice much more easily if you hire expert accounting firm sales professionals. Accounting practice sales involves four phases: understanding your business; preparing your business; marketing and selling your business; and closing the transaction. Marketing should only be directed at qualified buyers. Potential buyers should be screened to ensure you only speak with prospects that are ready, willing and able to buy and will provide a smooth transition.

Common Myths Regarding the Sale of Your Accounting Firm

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  Common myths regarding the sale of your accounting firm include ignoring the need to evaluate the market before setting the price and terms. Selling an accounting firm can be a challenging and rewarding process. Accounting firm sales is a competitive industry. Understand your firm and position it correctly for selling. Know your practice, clients, staff, financial statements, goals and expectations. Market your business to qualified buyers. Only screen potential buyers.