Business Strategy for CPA's

246 How to Improve Sale Multiples with Brannon Poe


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Announcing the *NEW* Client Success Stories podcast:Β 

https://business-strategy-for-cpas-success-stories.transistor.fm/

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How can CPA businesses make themselves more attractive to potential buyers and command a higher sale price?


Brannon Poe offers tips for improving sale multiples for CPA businesses.


Brannon is a CPA and is the founder of Poe Group Advisors, a brokerage business focused solely on accounting and CPA firms.Β 


Highlights:


β€” ”In the landscape of buying and selling of accounting firms, the biggest change is the increase in the focus on the quality of staff in acquisitions. Because quality staff are scarce.”


β€” ”There's increasing comfort and demand with virtual firms. We are seeing multiples increase as banks are getting more comfortable with those firms.”


β€” ”If you want to sell in three to five years, it's smart to get an understanding of how much the practice is worth.” 


β€” ”If I had to give one piece of advice to a firm owner who was thinking of selling in three to five years, it would be to focus on pricing.”


Connect with Brannon:

Website: https://poegroupadvisors.com/


Brannon’s new book: Prepare Your CPA Firm for A Sale

https://poegroupadvisors.com/prepare/


Previous episodes with Brannon:

162 How to Sell a CPA Firm for Optimal Price with Brannon Poe

https://www.businessstrategyforcpas.com/162

199 Selling Cloud-based vs Traditional CPA Firms with Brannon Poe

https://www.businessstrategyforcpas.com/199



Announcing the *NEW* Client Success Stories podcast:Β 

https://business-strategy-for-cpas-success-stories.transistor.fm/

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Business Strategy for CPA'sBy Geraldine Carter