If you want to maximize the value of your practice, make sure you put the best foot forward and make the practice attractive to buyers. The best way to sell a practice is to create as many options as possible. If you wait too long and are limited to only one option, you have not done a good job in preparing your practice for sale.
This program will help you understand why you should start now, what buyers want and what you can do to make your practice more attractive. If you are a firm with over $1 million in revenue and wondering what you are going to do with the firm, this program will help you make better decisions.
PLEASE NOTE: In addition to the one-hour of CPE, you will also get a free 30-minute phone consultation with August Aquila. August has been selected as one of the Top 100 Most Influential People in the accounting profession by Accounting Today in 2004, 2007, 2009, 2010 and 2012.
Key elements of an external transition
What you can do to prepare for the event
What you need to have in place to maximize your firm’s value
August Aquila is one of the profession’s key thought leaders. He works with professional service firms both large and small, in the US and abroad. As a former partner in a Top100 US accounting firm and a senior executive with American Express Tax & Business Services, Inc., August brings a wealth of hands-on experience to the table. In 2004, 2007, 2009 to 2015 he was selected as one of the “Top 100 Most Influential People in The Accounting Profession” by Accounting Today. In 2003 August was inducted into the Accounting Marketing Association Hall of Fame. He won the 1994 Lawler Award for the best Journal of Accountancy article (“How to Lose Clients without Really Trying”). For twenty-seven years August has advised professional services firms covering succession planning, mergers and acquisitions, compensation plan designs and partnership issues. He has written several books on managing professional services firms as well. Most recently: Engaging Partners in the Firm’s Future, What Successful Managing Partners Do, Performance Is Everything – The Why, What and How of Designing Compensation Plans (AICPA), Client at the Core: Marketing and Managing Today’s Professional Services Firm (John Wiley & Sons) and Compensation as a Strategic Asset: The New Paradigm (AICPA). He is a frequent speaker at legal and accounting conferences.