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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

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Buying An Accounting Practice Checklist -

: If the current owner is the sole point of contact for major accounts, retention risk skyrockets. Look for firms where staff already manage relationships.

: Break down income by type. Monthly recurring advisory fees are worth 3–5x more than one-time tax prep revenue due to their predictability. buying an accounting practice checklist

: Are you seeking geographic expansion, a specific niche (e.g., dental or healthcare), or specialized service lines like tax advisory? : If the current owner is the sole

: If the current owner is the sole point of contact for major accounts, retention risk skyrockets. Look for firms where staff already manage relationships.

: Break down income by type. Monthly recurring advisory fees are worth 3–5x more than one-time tax prep revenue due to their predictability.

: Are you seeking geographic expansion, a specific niche (e.g., dental or healthcare), or specialized service lines like tax advisory?

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