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When it comes to accounting practice sales, a business consultancy firm can be extremely helpful with structuring an accounting practice for selling. Structuring also includes setting the price and terms. An effective business consultancy firm will evaluate core markets in order to document key factors that affect the perceived value of an accounting practice, whether it is growing or declining, or if competitors are expanding and seeking potential future growth.
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HOW SHOULD COMPANY BE POSITIONED FOR A SALE FOR MERGER?
Ensure a company has a proven track record of existing accounts.
Establish and understand company’s roster of clients to increase revenue.
Provide existing staff and training to get new buyer’s started.
Ensure company’s books are in meticulous order.
Provide buyers with advice on planning and a smooth transition.