CPAmatchup Transferee Rationale

You want to own and run your own firm - you are now working for a large firm where your chances of becoming an owner are not particularly promising. You do not have the capital necessary to buy a practice. Here is an option.

Many sole practitioners are looking towards retirement in two to five years. A lot of them would, at the right time, like to just sell out, take the money and run. But that is not reality. There simply are not enough buyers with the capital for an outright purchase. So what these practitioners must do is to start a plan today for the ultimate retirement day. One thing they can do is to bring in "non-capital" partners (who are not employees) with the clear understanding that these individuals will either move on to other opportunities or buy out the business by a date specific. Typically the buy-out capital will come from the firm's cash flow during and after the retiring practitioner leaves.

The advantage of using our service is that both parties do not have false expectations: everyone knows that there is no up-front capital. Sweat-equity (sorry ladies) is the down payment.

Start-up practitioner who wants to expand rapidly.
You have started your own practice with a few clients but realize that you have to expand rapidly in order to make your practice a viable business. A merger with a retirement-minded CPA may be your answer. The latter wants to merge with you because she knows that within a specified time frame you will be buying her ownership at a pre-determined price. What is in it for you is that you will have the customer base and cash flow for the installment buy-out.