Recent Posts

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September 3, 2019
Understanding Average Fees When Buying an Accounting Practice

When buying a tax and accounting practice, analyzing the practice and structuring reasonable price and terms is a pretty complicated endeavor.  As with all complicated […]

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August 9, 2019
Whether You are Selling or Buying an Accounting Practice, Do Not Overlook the Economics of a Transaction

When I mention “the economics” of the transaction, I am most specifically referring to the anticipated cash flow of the acquirer.  This is an important […]

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May 16, 2019
A Summary of Lessons from Past Transactions

In looking back at the transactions we have represented, there are several lessons we would like to share.  This is our brief summary of lessons […]

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May 16, 2019
Manage Your Advisors, You are Their Client and Your Best Interest Should be Their Priority

This is not a new issue in our experience, but an important one to revisit.  For us this typically is an issue with attorneys who […]

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May 16, 2019
Do not Delay Until the Last Minute to Sell or Acquire

We have quite a few sellers who engaged us after October 15th and quite a few buyers who made their initial inquiry about a practice […]

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May 16, 2019
Selling and Buying is an Emotional Process

Selling your practice or acquiring a practice is not your normal day to day activity.  It is an emotional process because there is inherent risk […]

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May 16, 2019
Risk is a Component of Every Transaction and a Motivating Factor for its Success

I have yet to meet a seller who doesn’t wish to receive 100% of their selling price in cash at closing.  I have yet to […]

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May 16, 2019
Staff – When Should You Tell Them about the Sale?

This issue rears its head every year and this is not always an easy question to answer. As a general rule of thumb we advise […]

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May 16, 2019
A Buyer's Active Involvement in Transition is Critical

This seems like an obvious point to me, but I am coming up on the end of my 14th year in this business and I […]

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May 16, 2019
How to Structure a Sale and What Reasonable Price and Terms Are has Become More Clouded

There are a few brokerage firms in the nation that have been successful by telling their prospective clients what they want to hear… “we can […]

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May 16, 2019
The Challenges of Selling a Portion of Your Practice

We have quite a few sellers approach us about selling just a portion of their practice.  In some instances, this was driven by a desire […]

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May 13, 2019
Feel this Past Tax Season was Particularly Tough? You are not Alone.

Over the past month we have had the opportunity to talk with dozens and dozens of practitioners in California, Oregon, and Washington and one theme […]

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