3min chapter

Building the Premier Accounting Firm cover image

Rewind : The Business of Selling Your Business: Essential Strategies for Success w/ Jessica Fialkovich

Building the Premier Accounting Firm

CHAPTER

The Importance of Processes in Accounting Practices

An accounting practice can sell just for a client list, right? And that will be a very low sale amount. The value of the business from an accounting firm point of view is more than just the client list. If you've got a very streamlined firm, you've got processes in place,. A technology stack that's very productive so that you actually are very, very efficient as you're providing your bookkeeping accounting tax related services. It's definitely the employees and those three elements keenly make up then the valuation of what that business is going to be worth in the end.

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