How Poe Group Advisors Helps Accountants Write Their Next Chapter

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Poe Group Advisors is in the business of facilitating the buying and selling of CPA firms. Based in historic Charleston, South Carolina with offices throughout the United States and Canada, Poe Group Advisors is the premier accounting practice brokerage firm in the industry.

People buy and sell accounting firms for all sorts of reasons. If you have spent years developing your practice and building up your clientele, the firm may be worth quite a lot of money. Selling now may be a good business proposition. If you are still building up your practice and need expertise, talent, and a wider client base to grow the firm, then you may be looking for accounting practices for sale as a means of acquisition.

You may also be compelled to put your accounting practices on the market because of unexpected life circumstances. If a family member has taken ill, you may not be able to put in the hours required to keep an independent practice going.

No matter your reasons for buying or selling an existing accounting practice, Poe Group Advisors can help. The company prides itself on the principles by which it conducts business. They are as follows:

1. Honesty

Truthfulness and transparency are all important to the team at Poe Group Advisors. They will take a hard look at any accounting practice that is to be bought or sold and will insist that all issues and concerns are put at the forefront. It is the only way to establish a healthy and trustful relationship between buyers and sellers.

2. Accountability

The members of Poe Group Advisors hold themselves accountable to their clients and to each other. The responsibilities of each member are clearly articulated at the beginning of every transaction, and everyone is expected to fulfill their roles in an honest and competent manner.

3. Friendliness

The firm maintains an open, respectful, and positive culture. Most disagreements and debates are handled in a calm and civil manner.

4. Balance

Poe Group Advisors treats its employees well, allowing them space and time they need to develop healthy social and family lives. This is an important part of keeping employees happy and productive.

Approach to Buying and Selling Practices

The firm helps accountants who want to buy or sell an accounting firm through every step of the process. In serving as an intermediary in a standard transaction, Poe Group Advisors will assist with:

1. Exploring

To complete the transaction successfully, you must understand the key elements of your practice and what makes them so valuable in the marketplace. Poe Group Advisors will help you with this, and they will help you determine the timing for a sale.

2. Pricing

You must set the right asking price. Poe Group Advisors will use a variety of market factors to help you do so.

3. Marketing

You will need to identify suitable buyers. Poe Group Advisors has the expertise and the technical tools to help you narrow down the choices. You will be matched with financially and professionally qualified buyers, which will save you time and allow you to maintain the value of the practice by continuing to meet client obligations.

4. Negotiation

All offers will need to be reviewed and assessed. The best offer will still need to be negotiated. Poe Group Advisors uses a structured negotiation method that will get you the maximum price. The firm is also connected with a network of banking professionals who can offer buyers loan options.

5. Transition

Once the deal is sealed, there will be a period of transition. Poe Group Advisors can facilitate a smooth transfer of clients and staff from one practice to the other.