When the time comes to think about stepping away from your practice, one question quietly rises above all the others: What legacy will you leave behind? An Accounting practice is so much more than just financials and client numbers. It’s the relationships, the culture you created among your staff, the reputation you built through years … Read more
We’ve spoken to several firms recently who are thinking about selling—but haven’t taken the first step. They’re not against the idea. In fact, many are quite open to it. They’re just not ready yet. But here’s the thing: selling your practice isn’t something that happens overnight. If you’re planning to sell this year—or even next—it’s … Read more
Selling your Accounting practice is a big decision—and it’s easy to assume that handling it yourself will save you money. After all, who knows your business better than you? But here’s the reality: it often costs you far more in the short and long term. From undervaluing the business to locking in poor terms or … Read more
As the new year begins, many of us take a moment to reflect on what’s ahead. For some, this is the perfect time to think about their future and start planning an exit strategy. I recently spoke to a few people about this, and their perspectives were interesting. One Accountant shared that they’re ready to … Read more
As the year comes to a close, the team at Abacus Business Advisors would like to wish you a happy and safe holiday season. 🎉 It’s been a fantastic year of connecting with Accountants across the country, navigating market trends, and assisting practices with their next steps, be it buying or selling. In the spirit … Read more
With over 30 years of experience in finance, Steve has dedicated his career to advising Accountants seeking in-depth guidance on expanding or exiting their practices. Combining his in-depth understanding of the market with a proactive approach, Steve is committed to providing clear, actionable guidance. 📊 From first-time conversations to long-term partnerships, Steve focuses on tailoring … Read more
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