By Marc Rosenberg
CPA Firm Mergers: Your Complete Guide
When considering a merger of sole practitioners, there are numerous critical issues to negotiate. Twenty-one, in fact.
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1. Method/system for splitting the profits. Keep in mind that if you devise a system that essentially revolves around making each solo a profit center, as if they still had their own firms, it will tend to discourage the two of you working together as one firm.