Starting think about retiring from accountancy practice? Read our blog first and avoid the critical mistakes that can sink your dreams and lifetime's work!
The baby-boom end is generally defined as being 1964. To me the appeal of such a definition is its simplicity compared to the monikers that followed, be it Gen Y, Y1, Y2, Z , Millennial, Snowflake and whatever will come next.
Are you a baby-boomer accountant staring at retirement? Want to know what your options are?
Don't leave your practice sale and retirement too late. Plan ahead and get it right - you only do it once!
Selling your accountancy practice is likely to be a once in a lifetime event so you'll have no first hand experience, and relying on what your colleagues and friends tell you about it, even if first hand, is no substitute for your own research.
It looks like retiring accountants will finally pocket more cash when they close their ledgers for the last time as practice values increase in 2021 and 2022