Secret Accountant: Buying a practice
Our Secret Accountant (an accountant working in the heart of England) gives us some advice on buying an established accountancy practice.
The process of buying an accountancy practice can basically be summed up as:
Not to mention a lot of patience, perseverance and probably stress. It’s a complicated and time-consuming issue but with proper thought it can be a successful and ready-made way to start in practice.
The issues to consider are varied and sometimes complex so this section, will give you a bullet point list of things to consider.
The content assumes that you have found a target practice and are at the starting point of the purchase. Remember that our UK Technical Advisory service is always available to talk through the issues and give you further guidance.
Webinar: Buying and selling a practice
We've produced a webinar on this topic. Follow the link to access the webinar