Tag-Archive for Selling Your CPA Firm

Does Your Business Have Curb Appeal

The term “curb appeal” is widely used in the world of residential real estate. This term is associated with how attractive a property looks from the curb, and the first impression those who see it will have. But curb appeal is also important in a business, and especially one that has regular customers or clients…

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Common Pitfalls to Avoid When Selling a Business

Selling a business can be a challenging process. This is an asset you have worked hard to build, and it can be difficult to make the decision to let it go. When you are so close to the situation, it is easy to fall into some traps that may prevent the sale of your business…

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Pros and Cons of Starting a Business or Buying a Business

There are numerous ways to become an entrepreneur in today’s information age. For example, there are countless businesses that can be started in industries that did not even exist a decade or two ago. In fact, there are so many options, finding the right business is often one of the biggest challenges. When it comes…

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5 Questions to Ask Before Selling Your Business

Selling a business is a major life decision, and one that should not be rushed. If you are thinking about exiting the business you have spent so much time and effort building, make sure you are ready to sell. Because once you sign on the dotted line and receive the check, there is no turning…

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4 Questions to Ask Before Hiring a Business Intermediary

If you are planning to sell your business, you have two general options; sell it on your own, or hire a business broker to help with the sale. Selling on your own means you keep 100% of the proceeds from the sale, but there are some challenges with this approach. First of all, many owners…

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Common Misconceptions When Selling a CPA Practice

When selling a CPA practice, many CPAs view the transaction similarly to selling a house or other piece of real estate. However, since the average American sells their home every seven years and the average accountant sells their practice just once in a lifetime, the sale of the practice is obviously far more important. As…

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5 Steps to Selling your CPA Firm for Top Dollar

At the start of 2014, the American Institute of CPAs (AICPA) reported that CPA mergers and acquisitions continue to be on the rise. There are several factors driving this trend. On the buying side, many accounting firms are looking to grow their market share, and sometimes the smoothest and quickest way to accomplish this goal…

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Positioning Your CPA Business for High Sale Value

If you are considering selling your CPA practice, there are some things you can do in order to maximize the sale value of your business. Here are five things to ensure you receive top dollar when it comes time to sell: Choose an Experienced Seller Working with a professional accountancy broker will give you access…

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