Acquiring Minds

Buying a $4m Business (with 80% Recurring Revenue)


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

  • https://bit.ly/4263xl0


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:

  • The Acquisition Lab

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

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
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Acquiring MindsBy Will Smith

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