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Buying a $4m Business (with 80% Recurring Revenue)
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Feb 01, 2024
Episode Duration |
01:27:35

Register here for the webinar, The Anatomy of an LOI:

It was only after Michael Young started an accounting practice that he found the much larger practice he would then buy.

  • How his father’s failed business influenced him
  • Being rejected by a search accelerator
  • Starting an accounting firm while searching
  • 18 months of dead deals before acquisition
  • Role of luck in business success
  • Role of his wife 
  • How accounting practices are valued and priced
  • Red flags to look for during diligence
  • Role of PASBA in shaping accounting practices
  • His advice for searchers looking at accounting practices

References and how to contact Michael:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Get a complementary pre-acquisition HR & PEO review for your target business:

Connect with Acquiring Minds:

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