Patrick Dichter returns to update us on a productive first year as CEO of a bookkeeping business he bought in late 2021.
Topics in Patrick's interview:
- How Patrick acquired a bookkeeping business without an accounting background
- Three factors that led to 60% revenue increase in year one
- Why there’s a shortage of accountants and how that affects his business
- What makes tax prep difficult to offshore
- Which kind of firms to “stay the f*** away” from
- Why rollups don’t work in accounting
- How he turns tax prep clients into year-round clients
- Acquisition vs organic growth
- The one thing he wishes he’d done differently
- Why he advocates buying small
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