By completing this twelve question scorecard, you will gain valuable insight into the key elements that drive value when it's time to sell your accounting practice.
The Scorecard covers not only some of the more fixed aspects of your practice, but also the critically important seller mindsets that have a significant impact on the process - and on the value.
Knowing how you currently measure on these factors and mindsets will help you:
- Determine the factors that would make a buyer compatible with your firm.
Make the key decisions needed to get your practice ready for market.
Identify areas of possible improvement.
- Determine the timing for a sale.
- Understand how your practice may compare to others in the market - and therefore how best to position it for a sale.