Buying a Cpa Practice

or Register to post new content in the forum

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Jan 22, 2010 5:05 pm

What about buying a Cpa practice from a retiring cpa.

Send all the the clients to 5 cpa's you like/trust in exchange for referals...
All clients get interviewed to review their current "situation" and see their tax returns and investment statements ...naturally.

All revenue gets split for 5 years and forwarded in a revenue sharing agreement etc.

Thoughts?

Jan 22, 2010 5:10 pm

Are you a CPA?

Jan 22, 2010 5:20 pm

No, But I play one on TV... lol

My partner is and our office is in the wing of a cpa firm...

Jan 22, 2010 11:34 pm
dashover:

No, But I play one on TV... lol

My partner is and our office is in the wing of a cpa firm...

 
Are you guys like "partners" or do you run your advisory business together?
 
I can't imagine a practice with 5 CPAs being cheap. I'd assume there is a buy out on top of the revenue sharing.
 
If you have that kind of cash, it might be better spent on your business. Or buying out another advisory practice.