Understanding the process of buying a business along with potential challenges upfront can increase your chances of success. Whether you’re buying a small business or an established company, here are the critical steps to keep in mind to ensure a…
How Much Client Attrition Should be Expected When Buying or Selling an Accounting Firm? We get questions all the time about how much attrition should be expected when buying or selling an accounting firm. This can vary, of course, but…
Securing funding to start or grow a small business can be daunting, especially for first-time entrepreneurs. Fortunately, the Small Business Administration (SBA) offers valuable support through its lending programs. Whether you’re looking to buy a business, expand an existing one,…
In the world of buying and selling businesses, one factor that is often overlooked but is crucial for long-term success is employee engagement. But when you think about it, your employees are the lifeblood of your organization. They enhance…
What Are The Different Types Of Buyers Accounting Firm Sellers Are Willing To Talk To? Hi, this is Chuck Hayes with ABA Advisors. I want to talk briefly about a couple of the types of buyers that approach us on…
Why You Should Not Prejudge a Practice Acquisition Target Before Talking With The Seller This is Jeff Bell with ABA Advisors, your accounting firm business broker. One of the situations we run into with Buyers looking to acquire a…
One of the questions we get from Buyers looking to acquire a firm is “Why do Accounting Firm Sellers Ask and Often Require Any Potential Buyer to be a CPA?” There are 2 reasons why this is a common request.…
One of the questions we get from Buyers looking to acquire a firm and they’re having their first Introductory Phone Call with the seller, is “What Questions Can or Should I be Asking Them on The Phone Call?” The…
Buying a business is a significant investment that requires careful consideration. To make an informed decision and reduce risks, you need to ask the right questions. Below are seven essential questions every buyer should ask before finalizing any deal. These…
Your employees are more than just part of your team. Employees are the driving force behind your business’s success. If you want your company to thrive, the happiness and satisfaction of your employees should be a top priority. An unhappy…
One of the suggestions we give accountants looking to acquire a firm using some bank financing, is to use a national lender that specializes in accounting firms, versus trying to use your local or a regional bank. Here are 3…
When buying or selling a business, the initial meeting between the buyer and seller can be a critical turning point. This meeting often sets the stage for the future of the deal. After all, the buyer’s first offer typically arrives…