This seems to be a topic that is fairly common in our line of work - the Brokering of Accounting Practices.
How much and what needs to be disclosed?
Professional Practices is the only agency specialising exclusively in the Accounting Division nationwide.
If you're tired of organic growth, looking to acquire via acquisition, then talk to the experts who knows and understands the Accounting market in NZ.
Our executive search team is also making strong inroads into sourcing the best candidates for our clients.
Looking to BUY/SELL/MERGE or Executive Search recruitment?
Exit strategies are a sensitive subject when it comes to an Accounting Practice owner looking to exit the practice.
Public Practice in New Zealand is a niche market with an extensive number of chartered firms nationwide, accompanied by Tax agents and independent Accountants; exit strategy has always been a sensitive subject and is a growing issue in NZ. Exit strategy is not one to be discussed when starting a business, however at some stage a business owner will exit.
We're now full steam ahead with the BUY/SELL/MERGE of Accounting Practices.
Our brokering team have very strong listings, due to our long term business relationships with the Partners.
We have been inundated with some very exclusive listings.
We pride our services on absolute confidentiality.
Since inception in 2005, we understand and know the market of Accounting Practices.
While writing this small blog, we have ex multinational Partners talking and advising Business owners on exit strategies!!
We are experts in the BUY/SELL/MERGE and executive search for Accounting Practices.
What are you ‘actually’ buying when you are looking to acquire an Accounting Practice?
Needing to understand the process? Needing to find out what is current in today’s market?
When selling an accounting practice, one of the most important things to get right is the retention sum.
During my time with Accounting Practices, I have learned a thing or two about how the sales of accounting practices work and the types of issues that come up.
One of the curliest is recourse; particularly when, or if it is due to be paid.
When selling an accounting practice, one of the most important things to get right is the process. It is paramount that you are dealing with the experts that understand the art of the buy/sell/merge of Accounting Practices.
Since 2005, our staff at Accounting Practices have learnt a thing or two about selling an Accounting Practice.
The common questions asked are:
Our wide knowledge of the profession gained since 2005, has always been based first and foremost on helping both the vendor and purchaser achieve a suitable outcome. Sometimes, of course this means no deal takes place, but both parties have gained knowledge which will help them in the future! In most cases both parties have to be prepared to modify their expectations to enable the deal to go ahead. How many times have we seen this when our clients wish to exit!!