Is now the time to sell your practice?

As you have most likely noticed, the landscape of the tax and accounting business is changing rapidly. What used to be a prime environment for a sole practitioner to grow and flourish has become an uphill battle with increased demands and shrinking margins. 

You have spent years building a great business; now's the time to capitalize on it.

Who should I sell my practice to?

Who will be buying your practice may be just as important as how much you will receive for your practice. You should be looking for a buyer who will: 



• Be in a strong financial position to be able to follow through on the purchase 
• Bring increased value to your practice 
• Be qualified to service your clients 
• Have prior experience in buying or merging with your type of practice previously 
• Have the infrastructure, procedures, and personnel to be able to handle your clientele