Accountants: I Wanted You to See This!
You have a massive opportunity here… The biggest opportunity that your Accountancy business has had for some time.
The economy is contracting and although there are some people out there that say this is a terrible thing…
It doesn’t have to be!
Think of the recession as a sharp curve on an auto racetrack. It is the best place to pass competitors however requires more skill to manoeuvre than the straights.
The best drivers apply the brakes just ahead of the curve (taking out excess costs), turn hard toward the apex of the curve (identify the short list of projects that will form the next business model), and accelerate hard out of the curve (spend and hire before markets have rebounded).
So what specifically distinguishes eventual winners?
Well you know the saying… ‘Offense is the best defence’, and the strongest Accountancy businesses coming out of the last recession went on the offense early, while many others just focussed on survival.
And one of the smartest ways to mount your attack on the looming recession right now is through acquisition!
Because planning those investments now helps to avoid paying a higher cost of capital later.
But, don’t forget this is a tenuous time and you cannot afford to go through it making mistakes. Download our eBook here to arm yourself with the 5 Fatal Errors that acquirers make when buying Accountancy businesses.
Otherwise the recession could take away - not just your future plans – but what you have in place already!
So if you want to use acquisition to secure Accountancy businesses that add capabilities to do old things in new ways there here are 3 ways I can help:
Download our FREE eBook which can show you the 7 things to determine the profit uplift potential so you get a great return on your investment by clicking here.
Speak to one of our highly trained consultants who can talk you through how the last recession presented opportunities using mergers and acquisitions to reshape the portfolio of Accountancy businesses by clicking here!
And if you are ready to play your offense instead of just simply hunkering down then reply back to my email with the word ‘Offense’ and I will see if I can help!
Best wishes,
Steve Hagues
PS. Avoid the bunker mentality. We know that well-executed acquisitions—buying the right Accountancy business at the right price and integrating successfully—can create tremendous value. Start off the right way by downloading our eBook here now!
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