Before looking at listings, define your "Ideal Firm Profile" to avoid mismatched acquisitions that lead to high client churn.
: Break down income by type. Monthly recurring advisory fees are worth 3–5x more than one-time tax prep revenue due to their predictability. buying an accounting practice checklist
: Firms generating at least $500k in revenue attract broad interest; those over $2M are often targets for private equity consolidation. Before looking at listings, define your "Ideal Firm
: Verify active licenses in all operating jurisdictions and review history for professional liability claims or ongoing HR disputes. 3. Valuation & Deal Structure Is Buying an Accounting Practice Right for You? | AICPA Before looking at listings
Before looking at listings, define your "Ideal Firm Profile" to avoid mismatched acquisitions that lead to high client churn.
: Break down income by type. Monthly recurring advisory fees are worth 3–5x more than one-time tax prep revenue due to their predictability.
: Firms generating at least $500k in revenue attract broad interest; those over $2M are often targets for private equity consolidation.
: Verify active licenses in all operating jurisdictions and review history for professional liability claims or ongoing HR disputes. 3. Valuation & Deal Structure Is Buying an Accounting Practice Right for You? | AICPA