Tag-Archive for Sell Your CPA Firm

Should Accounting Practice Principals Stay with The Firm After It Sells

The title is stolen from lyrics of an old song by The Clash. “ Should I stay, or should I go now? If I go, there will be trouble.  And I stay it will be double”.  The lyrics could not have said it any wiser.  During definitive agreement negation for an accounting practice, there is…

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Common Mistakes Owners Make When Selling a Business

When someone has owned and operated a business for a significant length of time, they will inevitably consider selling at some point. Maybe you are approaching retirement age, or maybe you are just looking for a change. Whatever your reason, it is very important to prepare ahead of time and enter the sales process with…

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Transferring Your Lease after a Business Sale

Selling a business involves more than just selling the name, equipment, inventory, goodwill, and clientele. In many cases, you will also be turning over the physical location of your business to the new owner. And if you have an active lease for the commercial space that you occupy, then the buyer will probably want to…

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Why Knowledge, Experience, & Skill Are Important in Selecting a Business Broker

Selling a business is very often a once-in-a-lifetime transaction, although there are some entrepreneurs who have started and sold multiple businesses in their careers. For most owners who have very little experience with the business sales process, this process can seem overwhelming. A successful business sale starts long before the business is put up on…

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Why the New Year is a Great Time to Sell Your Business

For many people, the New Year is a time for reflecting on where they are in their lives and creating resolutions in areas where they want to make improvements. This is also a time to consider pursuing new career opportunities or perhaps retirement. If this means the possibility of selling a business in your case,…

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Importance of Owner Flexibility When Selling a Business

Selling your business will most likely be among the most complicated transactions you will ever be involved with. It will take a lot of time and preparation to get the business ready to put on the market, and it could take several weeks or perhaps months to find the right buyer. In the current economic…

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Are You Really Ready to Sell Your Business

You have worked for years to build your business. You have put in countless hours of blood, sweat, and tears, and you have turned it into a successful enterprise. But now you are thinking about getting out. The decision whether to sell a business is most likely one of the most important decisions of your…

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When To Think About Selling Your Business

If you have been in business for a while, you have probably found yourself wondering (at least occasionally) what things would be like if you were free of the stress of owning your business. Perhaps you are not as passionate about the business anymore, and running it is becoming more of a struggle. But maybe…

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When to Sell Your Business

You might be considering whether now would be a good time to sell your business. If you look at the very strong seller’s market in residential real estate, you can’t help but wonder if similar things are happening with business sales. There is certainly plenty of optimism among CEOs and CFOs. According to Dykema’s annual…

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Characteristics of a Serious Business Buyer

Selling a business is very complicated transaction, and there are far more complexities involved with a transaction like this than something like residential property, for example. For business sellers, the process requires a lot of patience as you prepare for the sale and deal with prospective buyers. Few things try the patience of business owners…

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