In Practise Interviews cover image

Kelly Partners Group & Accountancy Practice M&A

In Practise Interviews

00:00

The 51 49 Structure

How did you come about the 51 49 structure? I realized like I've been in accounting firm since he was 18 and I realized that it's like five partners. They all have 20% each and they all think they're in charge. It just doesn't work this way. And so we came up with this idea of a 6.5% on revenue fee, 2.5% IP fee. So that 9% of the revenues would have to be reinvested in the business of every year.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner