Accounting Practice Checklist: Buying An

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

: If the current owner is the sole point of contact for major accounts, retention risk skyrockets. Look for firms where staff already manage relationships. Before looking at listings, define your "Ideal Firm