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Buying and selling a practice

  • 1.  Buying and selling a practice

    Posted 08-20-2019 04:15 PM

    Hi friends,

    I received two requests over the weekend for any info I had on buying or selling an accounting practice, and sent the attached.  This file includes Q&As that I posted and that are included in my two books each with 101 Q&As.  I pretty much stopped posting new Q&As since almost all of the questions I now get deal with something I covered in the over 250 Q&As I posted at www.cpa.trendlines.com.  I usually send what I already have covered such as the attached.  If I get a new question, then I call the sender to discuss with her or him, so don't hesitate to contact me with your practice management questions.  Email me at emendlowitz@withum.com .

     

    I also attached the practice continuation tool kit (that I posted previously) since the continuation agreement letter laying out the price and terms can be used as a model for your selling or purchase price and terms.  We used that as the price and terms for three practices we purchased.

     

    Enjoy!

    Ed

     

     

    Edward Mendlowitz, CPA

    Partner, WithumSmith+Brown PC

    1 Tower Center Boulevard, 14th Fl,

    East Brunswick, NJ 08816

    D  (732) 743-4582  T  (732) 828-1614

    M (732) 890-3344  (732) 964-9330

    Blog: www.withum.com/partners-network-blog

     

     

     

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  • 2.  RE: Buying and selling a practice

    Platinum Most Valuable Member
    Posted 08-20-2019 10:38 PM
    Thank you Ed! You are always so generous!

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    Robert Brown
    ROBERT N. BROWN, CPA
    Jericho NY
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  • 3.  RE: Buying and selling a practice

    Posted 08-21-2019 11:17 AM

    Hi All,

    I'm looking to purchase an accounting practice.  I'm a sole practitioner.

    Please email me directly: harlanschier@gmail.com

    Thank you.

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    Harlan Schier
    Harlan Schier, CPA
    Huntington NY
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