Preparing for a Successful Business Acquisition: Key Steps and Guidance

There's more opportunities to buy CPA firms and other professional services as many aging business owners are looking to retire. Business owners are often reluctant to put their business on the market due to employee and customer confusion. Legacy and employee care are important factors for business owners when considering a buyer. There is currently a good opportunity for business acquisitions with available financing, market distress, and retiring owners. However, the approach may vary depending on the industry, such as marketing agencies with younger owners. Key principles for successful acquisitions include defining success through complete acquisition.