When it comes time to sell it your multi-partner, million dollar plus accounting firm, because of its ‘size’, you will run into unique issues that smaller tax and accounting firms do not. Fewer Potential Buyers To Sell To There are…
If you are a venture capital or private equity group that is looking to acquire an accounting firm, here are some insights you need to know if this is your first acquisition in this industry. 1) In most of the…
After a seller of an accounting firm talks to and meets with potential buyers about acquiring the seller’s practice this is what typically happens. One or more of the potential buyers will make an offer in the form of a…
On Wednesday, August 30, 2023 the SBA issued Information Notice 5000-848801, 7(a) Fees Effective October 1, 2023, for Fiscal Year 2024 (dated August 29, 2023). The new fees will be effective for loans approved by SBA during the period October…
The long and fast-growing trend of growing your tax & accounting practice by buying an existing firm or book of business, rather than growing one from scratch or organically, relies on one of a couple important elements. The most important…
You may not know this but it usually takes 4-6 months to find the right buyer for your accounting firm – if you’re looking to sell it. That means if you started today (end of July or early August) you’d…