12min chapter

The Accounting Podcast cover image

Maximizing Your Accounting Firm's Value with Brannon Poe

The Accounting Podcast

CHAPTER

Maximizing Accounting Firm Value Through Strategic Metrics

This chapter explores the impact of transitioning to a virtual accounting firm with fixed fees on profitability, as well as factors influencing the valuation of accounting firms. It discusses the importance of metrics like cash flow, owner's total compensation, and owner's hours worked in maximizing firm value and attracting potential buyers. The chapter also highlights the significance of firm size, billing methods, and business models in determining the overall value of an accounting firm.

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