Accounting Practice Valuation Details
Most practicing accountants have heard about one-time gross. This is the average multiple for which accounting firms have sold for many years. One can determine accounting practice valuation by pulling practice comparable sales for the last ten years, and the average will be one time gross. While most industries sell as a function of profit […]
How Do You Know if Your Business is Sellable?
Businesses come in all shapes and sizes, ranging from small one-man operations to multinational corporations across countless occupations and industries. Every business is different, and they all have their own unique aspects. Some serve small and very targeted customer bases, while others do business with virtually all demographics. Some require specialized knowledge to own and […]
Reasons to Consider a Mobile App for Your CPA Firm
The digital landscape is rapidly changing. For example, today, more than half of all internet connections are made via mobile devices such as tablets or smartphones. In this increasingly mobile society, it is important for an accounting firm to adapt to these changes, so you can more easily engage your target audience. Google has already […]
How to Value Your Business for Sale
There are several reasons business owners may need to sell. Some examples include health concerns, retirement, relocating to a new area, or changing careers. Whatever the reason, it is important to plan the sale early and take steps to maximize the value of your company. When it comes to placing a value on your business, […]
Unique Factors that Enhance the Value of a Business
In today’s competitive marketplace, it is important to distinguish yourself from similar businesses. Carving out a unique niche within the market not only makes a business more profitable, it also increases its value when it comes time to sell. There are several attributes that make a business unique and more attractive to potential buyers, here […]
Ways to Give Thanks to Your Employees During the Holidays
The holiday season is a great time to adopt a grateful mindset and reflect on all the ways we have been blessed, especially as entrepreneurs. Millions of people dream of owning and operating their own business, but we are living it! This did not happen by accident; it came because of hard work, help from […]
