{"id":44214,"date":"2015-10-14t05:00:00","date_gmt":"2015-10-14t09:00:00","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=44214"},"modified":"2022-12-22t00:36:39","modified_gmt":"2022-12-22t05:36:39","slug":"one-times-fees-steal","status":"publish","type":"post","link":"\/\/www.g005e.com\/2015\/10\/14\/one-times-fees-steal\/","title":{"rendered":"one times fees is a steal!"},"content":{"rendered":"
<\/a><\/u>the math might surprise you.\u00a0<\/strong><\/p>\n <\/i>by marc rosenberg<\/em> partners in accounting firms are familiar with the rule of thumb that a cpa firm\u2019s goodwill is worth one times fees; however, like many \u201crules of thumb,\u201d this notion is often incorrect.<\/p>\n when buyers begin to think about how much they will pay for a smaller firm, they often have this one-times-fees notion in the back of their minds. then, when sellers are bold enough to ask for a price in excess of one times fees, buyers often balk because they feel that the asking price is too rich.<\/p>\n more on mergers: the merger process in 21 steps<\/span><\/a> | <\/span>plant seeds to turn up merger candidates<\/span><\/a> | <\/span>looking to grow your firm? how to find a seller in four steps<\/span><\/a> | <\/span>13 ways to screw up a merger<\/span><\/a> | <\/span>15 can\u2019t-skip merger terms to decide<\/span><\/a> | <\/span>14 keys to a successful merger<\/span><\/a> | <\/span>13 reasons accounting firms merge<\/span><\/a> | <\/span>mergers 101: when negotiations aren\u2019t really negotiations<\/span><\/a> | <\/span>5 steps to take before merging<\/span><\/a><\/p><\/blockquote>\n the purpose of this chapter is to demonstrate that buying a small firm for one times fees is a steal (for the buyer). in fact, it\u2019s still an outstanding investment at a premium price, say, as high as 1.3 times fees. let me illustrate.<\/p>\n read more →<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" <\/a><\/u>the math might surprise you.\u00a0<\/strong><\/p>\n <\/i>by marc rosenberg<\/em> partners in accounting firms are familiar with the rule of thumb that a cpa firm\u2019s goodwill is worth one times fees; however, like many \u201crules of thumb,\u201d this notion is often incorrect.<\/p>\n when buyers begin to think about how much they will pay for a smaller firm, they often have this one-times-fees notion in the back of their minds. then, when sellers are bold enough to ask for a price in excess of one times fees, buyers often balk because they feel that the asking price is too rich.<\/p>\n more on mergers: the merger process in 21 steps<\/span><\/a> | <\/span>plant seeds to turn up merger candidates<\/span><\/a> | <\/span>looking to grow your firm? how to find a seller in four steps<\/span><\/a> | <\/span>13 ways to screw up a merger<\/span><\/a> | <\/span>15 can\u2019t-skip merger terms to decide<\/span><\/a> | <\/span>14 keys to a successful merger<\/span><\/a> | <\/span>13 reasons accounting firms merge<\/span><\/a> | <\/span>mergers 101: when negotiations aren\u2019t really negotiations<\/span><\/a> | <\/span>5 steps to take before merging<\/span><\/a><\/p>\n<\/blockquote>\n the purpose of this chapter is to demonstrate that buying a small firm for one times fees is a steal (for the buyer). in fact, it\u2019s still an outstanding investment at a premium price, say, as high as 1.3 times fees. let me illustrate.<\/p>\n
\ncpa firm mergers: your complete guide<\/span><\/i><\/a><\/p>\n
\ncpa firm mergers: your complete guide<\/span><\/i><\/a><\/p>\n\n