Selling Your Practice? Here’s What You Need to Know

Selling your accounting or professional services practice is a significant decision—one that can shape your financial future and professional legacy. Whether you’re planning to retire, pivot to a new venture, or simply step away from ownership responsibilities, a well-structured exit strategy is key to maximising value and ensuring a smooth transition. So, what should you consider before selling your practice? Here’s a roadmap to get you started: 1. Know Your Numbers Buyers want a clear picture of your practice’s financial health. This means having up-to-date financial statements, tax returns, and client revenue breakdowns. Recurring revenue, client retention rates, and profitability[...]

By |March 2nd, 2025|Categories: Business, Sell your business, Strategy|Comments Off on Selling Your Practice? Here’s What You Need to Know
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