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Buying an accountancy practice or fees - what's involved

Selling an accountancy practice or fees involves the following

 

  • Identification of requirement
  • Discussion of acquisition options and time scale
  • Guidance on due diligence
  • Discussion of pricing and prevailing market conditions generally and locally
  • Targeted marketing to optimise selection
  • Outline of any specific current opportunities
  • Introduction of your firms to the vendor 
  • Guidance in practice selection
  • Profile of vendor to suitable parties
  • Screening of vendors
  • Facilitation of meetings
  • Frequent contact with both parties during the period of negotiation
  • Preparation of documentation
  • Liaison with solicitors
  • Out of hours contact
  • After sales service                         

 

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