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How to Build a Valuable Business You Can Sell Someday | Ep 726
The Game w/ Alex Hormozi
Bundling Accounting Firms for Profit
In the accounting business, customer retention is easier than acquisition. To maximize profits, instead of selling coaching or consulting services, bundle accounting firms together. By creating a roll-up of multiple firms, you can exit every one or two years for a significant profit. Investors are willing to pay a premium for bulk deals due to the time and cost savings associated with a single large transaction.
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