When acquiring an Accounting practice, one of the highest priorities for Buyers is ensuring that the practice’s key assets—its staff and clients—are looked after during the transition and into the future. These long-standing relationships are crucial to the practice’s ongoing success, and maintaining trust and continuity with both clients and staff is key to achieving … Read more
At Abacus, we take a different approach to connecting Buyers and Sellers of Accounting practices. Unlike others that may simply advertise practices for sale or send out opportunities to a database, we believe in a more tailored and thoughtful process. Let me give you an example. A couple of months ago, we advised on the … Read more
As you consider the future of your Accounting practice, finding the right Buyer is likely at the forefront of your mind. You’ve spent years building strong relationships, nurturing your clients, and growing your business. When the time comes to sell, it’s important that your practice ends up in the right hands—someone who will value what … Read more
Remember Retiring Roger? He’s been contemplating retirement but found himself uncertain about the timing and process of selling his practice. Deciding when to sell your Accounting practice is a significant decision that can impact your financial future and personal well-being. Timing the sale correctly can maximise your returns and ensure a smooth transition. Knowing when … Read more
Recapping Roger’s Situation We’re revisiting Retiring Roger, now in his late 60s, who has been contemplating retirement. In our last update, we saw Roger longing for a lengthy holiday with his wife but struggling to find time to take even a few days off from the office, let alone a month. With an annual turnover … Read more
Over the last 18 months, we have advised on the sale of several Accounting firms in regional areas. Our direct approach to interested parties has been successful in every case, but we believe that metropolitan firms looking to expand through acquisition are missing opportunities. This blog explores why. Let’s explore why you should consider acquiring … Read more
On Monday I spoke to Joss Milner, one of the founders of Cash Flow Story. Cash Flow Story is an easy and practical tool for helping you & your clients gain an insight into how they can manage their cash flow. Given what is happening in the world, Cash Flow Story have just released a … Read more