Due diligence queries when acquiring an Accountancy practice

Whilst acquiring a profitable Accountancy practice may be preferred there are a number of other due diligence considerations, such as: 💰 Revenue and profit margin 🛠️ Services provided 🤝 Clients and retention rate 🌐 Culture 📊 Current workload 📆 Years of operation Contact http://www.idisav.com to assist with your acquisition or exit strategy #exit#planning#strategy#buy#business#broker#Malta#entrepreneur#sell#exitplanning#merger#acquisition#consultant#accountants

Due diligence queries when acquiring an Accountancy practice (1/2)

When acquiring a business due diligence is a fundamental part of the process to get to know the target firm. In relation to acquiring an accountancy practice, (part 1 of 2) you should consider assessing its: 🚀 Business development 📚 Legal & regulatory issues 💰 Financial history 👥 Employees 💼 Motivation for selling 🌐 ReputationContinue reading “Due diligence queries when acquiring an Accountancy practice (1/2)”

Reasons to acquire an Accountancy practice

With many accountants approaching retirement or seeking to expand there may be an opportunity to acquire your own Accountancy practice. Some benefits include: Established clientele Proven systems Reputable brand New service lines Team Economies of scale Contact http://www.idisav.com to assist with your acquisition or exit strategy