Are you an Accountant looking to acquire a small practice? You may be operating from a kitchen table and finding the transition from employee to employer harder than you thought??
If you are looking to leverage off a solid fee base, good systems and a credible name then you may be interested in this Practice.
The vendor is looking to move outside of Accounting, time catches up to everyone so this person is thinking well in advance to greener pastures!
2016 is upon us and the new financial year is nearing faster than you thought!!
The market is in full flight with pending sellers ready to look for the right opportunity or purchaser.
There seems to be a growing trend of succession planning, acquisitions of smaller fees and mergers that we have brokered very successfully in the last year.
We have a huge number of smaller practices looking at various options other than the straight sell!, We have a number of Accountants exiting firms due to financial security reasons, succession planning on the rise etc etc
Ready to take on an EQUITY Position and step things up in 2016?
This well established client base is now ready to be sold !!
This would suit an Accountant, Practitioner or Larger Practice looking to acquire a solid fee base.
The Vendor is happy to stay on to ensure a smooth transition.
Only suitable applicants will be contacted.
Enquire in confidence.
Is this the right time to sell your Accounting Practice? Are you the type of person that is waiting for that “White Knight”, expecting the economy to get better? Awaiting for the market to change from a sellers to a Buyers’ market? Well guess what? There is not a right time to sell!!
People wait for the economy to improve, however the real value as we both know is in the details of your business ie clients, age, turnover of staff/clients, debtors ledger’s etc etc
There has been a new development that has been set up at Accounting Practices recently.
Due to a huge demand from Accounting Practice firms across NZ, we have now set up an executive search arms for Top Accountants.
As 2015 draws near to a close and the start of the new financial year is fast approaching, I would like to give you an insight on what we at Accounting Practices have come across when it comes to BUY/SELL/MERGE & succession planning of Accounting Practices.
If we take into account the many Practices we have sold nationwide, not all firms are the same, two things spring to mind and that is “systems and culture values”
Do I need to sell or buy ( Accounting Practices) through a licensed Broker?
Under the REAA regulations it states that you need to be a licensed broker to sell accounting practices.
Sure selling privately does not require a license, however when you are advertising on behalf, soliciting business to sell etc you do fall under the REAA and a license is required.
Why use a licensed Broker?
The market has picked up in recent months and I can see the demand for top end Accountants going up another level.
Over the years Accounting Practices have built up their reputation on service, transparency and keeping our clients in touch with what is going on in the market.
It is great to be inundated with calls from clients requesting our services to assist them in sourcing the right candidate.
The same scenarios I hear all the time from our clients "Too many agencies just sending through any CV and hoping it sticks"
As a licensed broker and a Director for one of NZ's premier brokering/executive agency in Accounting Practices. I have interviewed many high end Accountants, I have also placed many high end managers , associates and Partners successfully in firms across Auckland and nationwide over the years. I thrive in dealing with Accountants at all levels especially on remuneration packages of $100-$500k! They use our services at Accounting Practices due to our experience, market presence and brand.