Eleven reasons to do it.
By Marc Rosenberg
CPA Firm Mergers: Your Complete Guide
If an opportunity to merge in an attractive smaller firm was presented to you, would you be interested in pursuing it?
My guess is that at least 90 percent of all CPA firms would answer this question with a resounding yes! (And a healthy percentage of the remaining 10 percent perform at such high levels that they cannot conceive of merging in a smaller firm whose performance falls well below their own high standards.)
MORE: Selling Your Firm? What to Expect | Thirteen Ways to Woo Potential Firm Buyers | 13 Reasons to Merge Up | Merger? The 100 Data Points You Need First | One Times Fees Isn’t the Only Way | Thinking Merger? First Ask Why. | Why Do You Want to Merge? Be Honest. | Four Reasons to Fear a Merger
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Why is this? The short answer is that it’s a great deal, both financially and operationally. It’s an almost can’t-lose proposition, as long as you do it right.
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