How Earn-Outs Work When Selling an Accountancy Practice
Imagine spending 20 years building a profitable CPA practice. A buyer approaches with an exciting headline number £800,000 or $1 million. But when you read the fine print, 35 – 40% of that total is tied to an earn-out. You sign. A year later, several long-standing clients leave, the buyer restructures the firm, and your […]
Life After Selling Your Accountancy Practice – Planning Your Next Chapter
Selling your accountancy practice is a major milestone, often the result of years, or even decades, of hard work, client relationships, and professional dedication. While much of the focus is usually on achieving the right valuation and completing the transaction, what comes next is equally important. For many owners, life after selling an accountancy practice can bring a mix of freedom, uncertainty, and […]
When Is the Right Time to Sell Your Accountancy Practice?
Deciding to sell your accountancy practice is one of the most important strategic decisions of your professional life. Unlike many businesses, accountancy firms are built on recurring revenue, long-term client relationships, compliance integrity, and personal goodwill. Timing your exit correctly can significantly increase your valuation, protect your clients, and ensure a smooth transition for your […]
Selling Your Accountancy Practice for the First Time?
Selling your accountancy practice for the first time is more than a transaction it’s the culmination of years of client trust, regulatory responsibility, and professional reputation. For most owners, the firm represents decades of relationships and recurring income. That’s why selling an accountancy practice is very different from selling a standard business. The stakes are […]
Due Diligence Checklist for Selling Your Accountancy Practice
Selling your accountancy practice is not just about finding a buyer; it’s about proving the quality, sustainability, and compliance of your firm. Buyer due diligence in an accounting firm acquisition is far more detailed than in many other industries because purchasers are acquiring recurring fee income, client relationships, regulatory responsibility, and professional goodwill. If you are planning to sell your accountancy […]