Posted: November 19, 2015
Thirty percent of all business failures are a result of improper exit planning that would have allowed a continuity of the business beyond the first-generation owner. The consequences of an exit failure and the potential opportunities for you, your clients or employer are too great to ignore.
Posted: September 25, 2015
For many practitioners, planning for their succession is often viewed as an inconvenient but necessary medical procedure, if they ignore the problem long enough their hope is that it will eventually go away. The reality is that you can never launch a succession strategy too early, but conversely, you can easily wait too long.
Posted: July 24, 2015
Firms are retiring and buying out partners at a pace never seen before and many of us are looking at our partner agreements and firm valuations for the first time in a long time. Have you structured the buyout provisions in a way that remains fair to all and affordable to the firm?
Posted: July 1, 2015
What are your options when you decide to finally hang it up? This article explores the pros and cons of various exit strategies you may consider.
Posted: June 18, 2015
Small, medium and large firms are having considerable challenges with succession according to a recent CPA Consultants' Alliance survey.
Posted: September 4, 2014
Many small and sole practitioners put in a lifetime of hard work in building their practices, but they often don’t devote the time necessary to consider how to properly position and promote their firms when it’s time to sell. The more the seller prepares, the more successful the outcome is likely to be.