by Bob Lewis | Oct 9, 2019 | News
Transition Planning – Option 1 Selling Your Business When it comes to selling your business, there are more issues to address than most people think. Here are a few key items that impact an exit strategy: Understanding the value.Value is unique to each company,...
by Bob Lewis | Mar 14, 2018 | News
A Pattern Exists in CPA Firms One constant we see as CPA growth consultants and M&A search specialists is most firms want to remain independent. Merging or selling to join forces occurs to expedite the growth process, but most M&A happens because a firm’s...
by Bob Lewis | Dec 28, 2017 | News
A major flaw in growth planning is the miscalculation of client runoff. Runoff occurs in every firm. Even firms with superior client service have clients who sell, merge, relocate, die, or leave for a variety of reasons. Your firm’s runoff may be lower, but every firm...
by Bob Lewis | Nov 16, 2017 | News
Questions to Ask When Merging or Selling Upward This document is intended to help a CPA firm size their potential fit. When merging or selling, it is normal to go into a larger firm. Problems can arise if the firm has material differences or gaps based on what your...
by Bob Lewis | Nov 2, 2017 | News
We speak on CPA M&A at least a dozen times a year. Our team talks with firms trying to grow by merging or acquiring a practice and firms who want us to find them a practice to merge or sell into. Many of these discussions revolve around succession planning (or a...
