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
Meet “Retiring Roger”. Now in his sixties, Roger stands at a pivotal moment contemplating retirement. Despite his longing for a substantial holiday with his wife, his demanding schedule makes it challenging to step out of the office, even for a brief respite. With an annual turnover of around $500k and a dedicated team, Roger encountered … Read more
Since our last update the Mergers & Acquisitions market for Accountants around Australia, we have assisted a number of firms in both selling their practice or acquiring/merging with firms that are a natural fit with their existing culture. At the outset, we would like to highlight that the market is buoyant, primarily led by the … Read more
We provide advice to Accountants on all areas of their Practice, but if there is one key element that has the biggest impact on Practices at the moment, it’s your staff! Staff can make or break a business. Great staff will not only change your Practice, but can also change your life – giving you … Read more
Its that time of year to be talking to your clients. You will probably need to talk to most of them at some stage in the near future and we see this as a great opportunity to really understand the status of their business based on what happened last year as well as what is … Read more