Accounting Practices

Buy Sell Merge Accounting Practices

I have interviewed and met many high end Accountants in various firms across Auckland and beyond. I have come across Accountants frustrated in their current positions due to lack of "career path forward", no equity offered in current firm or there has been an external appointment from outside of the firm and this has prevented a Partnership opportunity!

 

The rule of thumb is simple, if you work under someone else long enough  without a possibility of equity, you will be living someone else's dreams!

 

My current colleagues who have all been Partners in their own respective firms have all agreed that " Profits are far greater than the salary/wages you earn as an employee. You will never reach your financial goals working for someone else unless you choose to take the risk.

 

This blog is simply targeting those Accountants ( Firm and Commercial)  that are looking at business ownership, looking to exit a current firm and take the leap of faith into equity ownership, succession planning or an outright buy!

 

I have mentioned this many times, as a business owner myself I have never been more happier.

 

Why?

 

Just like a sail boat, I  have accepted that I am in control in the set of the sail, I am also in control of the destination should I choose to set the sail in that direction. I am also surrounded by experience ( having ex Big 4 Partners that have bought and sold/merged practices over the last 30 years makes all the difference!

 

 Here are some listings that may be of interest to those below:

 

Auckland

  1. Fees $1000,000
  2. Sole Director
  3. 5 Staff, looking for a mature accountant (50-60yrs
  4. Preference is someone currently working in either a CA or TINZ practice

 

  1. Small Fee base with Sole Director wanting to sell a block ($100k)
  2. Compliance work
  3. Would suit a young accountant looking to leverage from a fee base
  4. May suit a Practice in the local area looking to top up

 

  1. Fees $500,000
  2. Established firm over 20 years
  3. Sole Director 
  4. Minimal overheads

 

  1. $750,000
  2. Small Practice with 4 staff
  3. Partner to exit ASAP

 

We also have various Practices in the Bay of Plenty , Wellington and across the Sth Island that we have not listed yet.

 

Please call me to discuss in confidence, confidentiality is absolutely important to Accounting Practices.

 

 

Best of Luck,

 

Riki Sila- A Director of Accounting Practices

09 363 9584 or 022 0432 880 or riki@accountingpractices.co.nz

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