What is CPA Succession Service?
In a nut shell, many young CPAs want to be entrepreneurs and strike
out on their own but don't know how to get started, lack the
networking contacts, and do not have sufficient capital for the
traditional way through a practice buy out. On the other side of the coin many retirement minded
practitioners are not quite ready to retire but want to ease out gradually and are looking for an
association, leading to partnership and ultimately a buy-out. The older CPA knows that her
younger colleague does not have the capital but is willing to work that out. More than likely
the funds for the buy-out will come from cash flow of the acquired business. The aim of
CPAmatchup® is to bring the two parties together in a seamless and almost effortless
way.We are not an accounting practice sales organization. We provide a venue for young entrepreneurs to get
together with retirement minded practitioners where both are looking for an association leading up to a short-term
partnership and eventual buy-out. Both parties understand that initially no money changes hands and there is no
large sales commission. Just a reasonable fee for our service which is equivalent to few hours at the normal CPA
billing rate.
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