Purchasing a CPA Practice: Pitfalls and Hazards
If your accounting business is booming, there will almost certainly come a time at which the idea of purchasing someone else’s practice and adding it to your own will occur to you. It’s often a great idea but requires adequate research to know what you’re getting into ahead of time. Due Diligence Due diligence on […]
Financial Considerations of Purchasing a CPA Practice
Smart Money Week is a good time to examine the financial considerations of purchasing an accounting practice. Because CPA practices have a seasonal aspect to them, it is important that when entering the business, you will be in a financial position to be profitable not just for 4 months out of the year, but for […]
