Accountants Is it Your First Time

Accountants: Is it Your First Time? 

Buying an Accountancy practice is definitely a game changer in your career. You can earn more whilst being your own boss. 

But it comes with a lot of responsibilities too. 

Understanding important aspects of the business is key to a successful acquisition. Factors such as: 

Client numbers and behaviours. 

The financial records and cash flow of the business. 

Statistics of the business. 

And you should ask yourself, ‘Is there room for potential growth’? 

Researching and understanding these (and other factors), will help you determine if the business is a financially viable concern. 

Lack of research and understanding of what you should be looking for is a fatal error.

You can start your research by downloading our eBook here. It will save you from committing the 5 Fatal Errors made when buying an Accountancy practice. Errors such as…

Not asking the question of why the existing owner is selling up or…

Taking what they say at face value, without doing your due diligence. 

If you don’t put the work in, you will end up acquiring a business that isn’t fit for purpose and you will have to put your hand back in your pocket to make it so. 

So if you are new to acquiring – or you have acquired before – but need steering in the right direction for that premium acquisition then here are 3 ways I can help: 

Download our eBook on the 5 Fatal Errors when buying an Accountancy practice. Access to this and your very own due diligence checklist will reap dividends when it comes to acquiring. It costs you nothing but 5 minutes of your time so go ahead and get your FREE copy by clicking here. 

Book in for a free no obligation telephone appointment with us! We can answer your questions on acquiring and give you an update on what the market is doing right now. Just click here. 

Want a head start on acquiring with access to premium Accountancy practice sellers in the country? Reply back to this email with the word ‘Guild’ and I will get straight back to you! 

Best wishes, 

Steve Hagues

PS. Download our eBook here to get the tools to make sure your acquisition doesn’t fail immediately after completion!