Tag-Archive for Business Exit Strategy

Important Exit Planning Steps When Selling a Business

Entrepreneurs love the challenge and reward of building a successful business. The moment the company starts to turn a healthy profit, the countless days working long hours and giving up weekends and holidays become worthwhile. But during this process, business owners often fail to consider their exit strategy and using a business intermediary can provide…

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CPA Firm Succession

According to 2012 PCPS (succession survey), nearly half of the CPA professions were in merger discussions or plan to merge in the next two years. Fueled primarily by demographics and other succession issues, this trend may serve to balance the current sellers market. As more and more practices look to exit, there will be a…

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A Sellers Market for CPA & Accounting Practices

The best time to sell your CPA or Accounting practice has mostly to do with the external factors in your life. Your health, your life/work balance, your spouse‚Äôs retirement, financial commitments, and retirement plans all determine when its time. In some cases, I talk with practitioners for years and each year they decide to go…

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