The 5 C’s of Credit
The 5 C’s of Credit: Why
Some Loans Get Approved and Others Do Not
By Taylor King, Accounting & Tax Loan Officer at
Live Oak Bank
A bank’s decision to lend
money to a borrower is not rocket science. It’s […]
The 5 C’s of Credit: Why
Some Loans Get Approved and Others Do Not
By Taylor King, Accounting & Tax Loan Officer at
Live Oak Bank
A bank’s decision to lend
money to a borrower is not rocket science. It’s […]
Written by Live Oak Bank
The acquisition process generally starts by identifying a target. Conversations and negotiations result in a general deal structure agreed upon by both buyer and seller.
Once you have reached a mutual understanding […]
In a perfect world, the answer would be that we operate daily as if we were selling the firm tomorrow. The reality is that, due to various constraints, accounting firm owners must prioritize daily activities […]
While accountants are used to the term “full disclosure” in their profession, when it comes to marketing the sale of their accounting firm, confidentiality is necessary. There are many reasons for confidentiality during the sale […]
Are you a workaholic, but maybe thinking of selling your practice?
Tax season is upon us and we know what that means – long days, little rest and an endless amount of work. If this describes […]
If you are a CPA, and a member of the AICPA, you are most likely familiar with a peer review. These reviews were originally implemented as a required for AICPA members to retain their membership and […]
We recently ran across this great article in the Journal of Accountancy, penned by Jeff Drew, and wanted to share it:
Accountants who think they want to launch their own business should not proceed unless they […]
Have you been thinking of going out on your own and opening your own firm? While many accountants consider starting from scratch, some prefer to purchase an existing practice. For the entrepreneurial accountant going out […]
Client retention is probably the number one concern of buyers when purchasing a new CPA, Enrolled Agent, Tax or Accounting firm. Client retention is directly related to good client service, which is important all the time, […]
“Can the seller of a firm guarantee the retention of the clients within the practice being purchased?” My response is: “Can you guarantee the retention of your current client base?”
At this point, the buyer should […]