Every year Roy Morgan release a report into the most trusted professions titled the “Image of Professions Survey” and Accountants always seem to fair quite well, not as well as Doctors but much better than Lawyers!
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Grading a successor for your accounting firm is much like grading a diamond! It’s all about those fabulous four C’s.
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As you consider the many options for transitioning your accounting firm for the future, you will need to ask yourself if a public company is the right home for you, your clients and your team.
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It’s a big deal, it’s your life’s work and it’s your nest egg, so let’s look at the key factors that are critical to success.
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There is almost always a gap between the economic value and price any firm may command and there are many factors which affect this.
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In accounting, like many other professional services, we make a living by bringing together two equally important intangible loyalties; those of clients and staff.
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